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The new year's first week will be busy. Due out on Friday is December's umemployment rate, and the consensus is for it to drop to 9.7%. However, few expect real improvement until well into 2011. Also on tap: weekly and monthly chain-store sales, FOMC minutes, ISM services report and more.

The holidays usually bring good cheer to purveyors of wine and spirits. But looming concerns about consumer spending are keeping some names off our wish lists. Still, the worst of the downturn seems to be behind the industry, making some of the bigger names worth a sniff.
Constellation Brands (STZ) reported better than expected fiscal first-quarter earnings Thursday morning, thanks in part to a more favorable tax situation. While revenue figures were below Wall Street's estimates, the company also raised its full-year earnings guidance. The wine and spirits...
U.S. stocks may be poised to drop for a third day following yesterday's disappointing results from Alcoa Inc. (AA), the first major Dow component to report this earnings season. According to Bloomberg News, futures on the S&P 500 expiring in June decreased 0.9 percent to 806.60 at 10:50 a.m. in...
General Motors Corp. (GM), whose restructuring plan was rejected March 30 by President Barack Obama, is speeding up preparations for a bankruptcy filing, according to Bloomberg News. The company is focusing on forming a new company from the automaker's best assets, people familiar with the matter...
After another sell-off day, investors are no doubt jittery, but at some point the market will have to find a bottom. In the meantime, many continue to build positions in stocks they deem are cheap, defensive or have the growth potential to come out of the recession strongly. Here are some ideas...

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.05-0.13
-1.59%
55.20M
ALU
Alcatel-Lucent (ADR)
2.23+0.29
+14.69%
39.51M
PBR-A
Petroleo Brasileiro S.A. A Shares
27.54-2.20
-7.40%
9.02M
PBR
Petroleo Brasileiro S.A. (ADR)
29.56-2.43
-7.60%
8.76M

% Gainers

CIE
Cobalt International Energy
35.62 +11.72
+49.04%
4.56M
ALU
Alcatel-Lucent (ADR)
2.23 +0.29
+14.69%
39.51M
WNS
WNS (Holdings) Limited (ADR)
10.50 +1.10
+11.70%
1.78M
LNKD
LinkedIn Corp.
84.74 +8.35
+10.93%
3.49M

% Losers

OSG
Overseas Shipholding Group, Inc.
10.65-1.18
-9.97%
250,549
OC-B
Owens Corning (Warrant) 'B'
2.40-0.25
-9.43%
4,268
LF
LeapFrog Enterprises, Inc.
6.20-0.63
-9.22%
1.13M
KV-A
K V Pharmaceutical Co. Class A
2.37-0.24
-9.20%
315,837
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