Stocks BHP Billiton Ltd

  • Is the commodity bull about to start running again? Some investors say demand from emerging nations will spark a new rally like nothing we’ve ever seen!

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    The Dow closed higher after a choppy session on Wednesday as a rebound in oil prices and other commodities lifted energy, mining and materials shares...

  • Market values have dropped so precipitously that some deals are too good to pass up.

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    Look for M&A activity—big and small—a pair of breakthrough drugs and the prospect of government price controls.

  • The glacial speed the analysts have been moving has been nothing short of scandalous. Top-down strategists (guys who do estimates of earnings based on macroeconomic factors) have 2009 estimates for the S&P 500 as low as $60, but the bottoms-up analysts (the guys who just cover individual companies or industries)...

  • Mr. Paulson will be the key today, as he is expected to open the TARP to car, credit card and student loans, and heaven knows what else. More importantly, a separate facility will buy mortgage-backed securities.

  • The bet is that some small amount of money will be given to the auto makers now, enough to serve as some type of bridge loan into early 2009. At that point the Democrats will have the political leverage to develop a broader rescue package in the first weeks of February.

  • Worker in an Alcoa plant.

    1st paragraph of story should go here

  • Like most analysts, Rod Lache has concluded that a government bailout is not likely to help the shares, that even with a bailout GM's future, if it is not in bankruptcy, is likely to be "bankruptcy-like."

  • Hong Kong dropped 12 percent to its lowest level in 5 years, S&P futures have swung in a 60 point range this morning, though they are well off their lows.

  • The good news is that Libor rates are again dropping. The dollar is rallying big again, this is continuing to put pressure on commodities, but the stress is also showing up in corporate profits. Kimberly Clark, for example, said that because of the dollar rally, currency will be a drag on fourth quarter sales comparison instead of a benefit.

  • David Dreman, chairman and chief investment officer at DremanValue Management, says we’re in one of the worst panics we’ve ever been in but there are major values around.

  • Futures dropped a bit as retail sales were weaker than expected, Producer Price Index (PPI), a measure of inflation at the wholesale level, was in line, but core PPI was higher than expected...bottom line is that energy costs are dropping, and this will be a big help in the next quarter.

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    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • Following are the day’s biggest winners and losers. Find out why shares of Barclays and The Hartfold popped while Apple and Penn National Gaming dropped.

  • Futures are down slightly, but that has little meaning these days. Many traders feel that yesterday's drop was due to: 1) distortions in price discovery created by the changing short sale rules; 2) the realization that many banks are still undercapitalized.

  • Futures were dropping even before the disappointing economic news, despite the talk of a Lehman bailout [facilitation, takeover]. It's not rallying because 1) the Street figured out that these events do not stop the drop in the markets;

  • These stocks look like they should be bought, right? Here's why they can't be.

  • After the close yesterday, RBC Capital put out a note:  "Next Credit Shoe to Drop on Banking Industry: We believe commercial and industrial loans (C&I), commercial real estate and non-resi construction loans will be the next credit problems for the banking industry brought on by the weakening in the US and Global economies."

  • Rio Tinto

    Chinese aluminum maker Chinalco, which holds a minority stake in Anglo-Australian miner Rio Tinto, may raise its stake if market conditions are right but it has no timetable for such a move, its president said on Monday.