19.96%SPY 79.52 
5.39%XLF 9.68 3.09%
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MILWAUKEE - Shares of the nation's beer and spirits makers fell Monday as Wall Street tumbled on news that lawmakers rejected a proposed $700 billion bailout plan for the financial industry.
The House of Representatives defeated the proposal Monday, and the news sent the Dow Jones industrials down more than 735 points. Investors are worried the failure to pass the rescue plan will make the current credit crisis worse. President Bush and congressional leaders had sought the package, which was defeated in the House 228-205.
Shares of Constellation Brands Inc. fell $1.22, or 5.5 percent, to close at $20.89. Shares of Fortune Brands Inc. fell $2.96, or 4.9 percent, to $57.01.
Beer maker Molson Coors Brewing Co. saw its shares slip $1.62, or 3.5 percent, to $44.79. Shares of Anheuser-Busch Cos. fell $2.52, or 3.8 percent, to $63.50.
China's bid to establish its own next generation mobile phone technology standard got a boost from the world's biggest cell phone maker...
U.S stocks fell on Wednesday as investors grew concerned that a bailout loan package for ailing automakers would fail to be approved by U.S. lawm...
An international meeting has set new guidelines aimed at preventing tobacco companies from trying to influence national and global health policy....
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