Stockhouse @ the Bell: Stocks tumble on Fed's new Twist

Today on Stockhouse

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Peter Kennedy reports on AAGC execs poised to become All American gold stars in his Stockhouse Short Report.

Top Bullboards post: “This news is huge. Over 300 million tonnes of iron ore from one deposit alone, with further potential to expand. This alone, if we are valued at the average of ~ .45 / tonne, would value us close to .80 or .90. And we have several more. If you buy into FEO being able to build a port at Ungava Bay, this is the most economic deposit in North America (excluding DSO, which is another beast entirely).” From elmothefearless on the Oceanic Iron Ore (TSX V.FEO , Stock Forum ) board.

Top Bullboard:Intertainment Media (TSX: V.INT, Stock Forum) received the most reads and posts.

Top blog:LexLuthor2 explains why he’s taking new positions in these two gold juniors in the Lex Corp News Letter blog.

For news about small stocks that made big moves in Wednesday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.

Word on Wall Street

"None of the enacted policies have done anything to spur this growth and I'm not sure the Fed can do (much)," said Michael Sansoterra, a portfolio manager at Silvant Capital Management, in an interview with Associated Press.

Today In The Markets

Stock markets tumble even as U.S. Fed delivers further economic stimulus

DJIA	11,124.84	-283.82
NASDAQ	2,538.19	-52.05
S&P500	1,166.76	-35.33
S&P/TSX	11,955.01	-254.87
S&P/TSX Venture	1,703.78	-24.09

TORONTO (The Canadian Press) - The Falling mining and railroad stocks helped push the Toronto stock market lower Wednesday even as the U.S. Federal Reserve delivered what markets were expecting — another round of stimulus aimed at keeping the economy from slipping back into recession.

The S&P /TSX composite index fell 254.87 points to 11,955.01, while the TSX Venture Exchange was down 24.09 points to 1,703.78.

The Dow Jones industrials fell 283.82 points to 11,124.84.

The Nasdaq composite index was down 52.05 points to 2,538.19 and the S&P 500 index dropped 35.33 points to 1,166.76 as some analysts questioned whether the Fed can really do more to fire up the economy.

Please click here for the complete U.S. and Canadian market summaries.

After-Hours News

Bed Bath & Beyond Inc. (NASDAQ: BBBY, Stock Forum)
Bed Bath & Beyond Inc. reported net earnings of $.93 per diluted share ($229.4 million) in the fiscal second quarter ended August 27, 2011, an increase of approximately 33% versus net earnings of $.70 per diluted share ($181.8 million) in the same quarter a year ago. Net sales for the fiscal second quarter of 2011 were approximately $2.314 billion, an increase of approximately 8.3% from net sales of approximately $2.137 billion reported in the fiscal second quarter of 2010. Comparable store sales in the fiscal second quarter of 2011 increased by approximately 5.6%, compared with an increase of approximately 7.4% in last year's fiscal second quarter.

Quaterra Resources Inc.(TSX: V.QTA, Stock Forum)
Quaterra Resources Inc. announced the appointment of a Vice President and General Manager at the Yerington project which is being explored for copper by its wholly-owned subsidiary, Singatse Peak Services LLC (SPS), in the Yerington Mining District, Lyon County, Nevada. Steven Dischler, who has 30 years experience in mining and other natural resources, has joined Quaterra as Vice President and General Manager of SPS's Yerington project. He was most recently a Strategy Manager with BP for a portfolio of legacy mines across the U.S., including Yerington. As general manager Mr. Dischler will be responsible for moving the Yerington-MacArthur copper mining complex forward towards production