The Buzz
All markets and investing news all the time

New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c




Item specifics

Condition:
New without box: A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or ... Read moreabout the condition
Brand: Nine West
US Size: 6.5 Style: Fashion - Knee-High
Sub Style: knee boots US Shoe Size (Women's): 6.5
Main Color: Black Width: Medium (B, M)
Style 2: Fashion - Knee-High Color: Black
Shade: Black Material: manmade

New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c - momosaddison.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c
New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c - momosaddison.com

The beer trade has been a good one for Constellation.

Bottoms up! Constellation is cashing in on America's love affair with Corona.

Shares of Constellation Brands (STZ) opened sharply higher Wednesday after the beer and wine company reported strong quarterly results, although the stock has now fallen back.

The buzz kill came after Constellation executives said on a conference call with analysts that the cost of expanding a brewery in Mexico would be much higher than previously expected.

The company raised its estimate for the cost of upgrading its Nava brewery to a range between $900 million and $1.1 billion, up from the previous estimate of between $500 million to $600 million. So far, Constellation has spent about $140 million on the brewery.

Robert Ryder, Constellation's chief financial officer, tried to put a positive spin on the news.

"Despite the increased cost to build out the brewery, our improved commercial results should keep our cash flow and delivering goals intact," he said.

Constellation said net income surged 92% in the fourth quarter to $157 million, or 79 cents per share. Analysts were expecting the company to report earnings of 76 cents per share, according to FactSet.

Corona is the best-selling imported beer in the United States, according to Constellation CEO Rob Sands.

Sales rose to nearly $1.3 billion, thanks largely to about $600 million from Crown, the division that distributes Modelo brand beers, including Corona, in the United States.

"We had a great year, driven by our beer business," Sands told analysts on a conference call today.

Constellation paid $5.3 billion to take full control of Crown last year as part of a complex deal between Anheuser-Busch InBev (BUD) and Mexico's Grupo Modelo.

The deal was held up in court after the U.S. government sued to block it over anti-competitive concerns. But regulators relented after AB InBev and Modelo gave Constellation "perpetual rights" to distribute the popular Corona beer in the U.S. market and tossed in a major Modelo brewery.

Related: Why six-packs are pricier in some markets

So far, Constellation's bet on Mexican beer is paying off.

Net sales in the beer segment rose 13% in the fourth quarter " due to volume growth driven by strong consumer demand," the company's report states.

The strength in beer helped offset softness in sales of wine and spirits, which grew only 1% in the quarter.

Constellation expects beer sales to continue growing in its current fiscal year and is looking for income to grow "in the low to mid 20 percent range."

That should lead to better-than-expected earnings. Constellation is now targeting earnings of between $3.75 to $3.95 per share for the full year, which would translate to earnings growth of up to 27%.

New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c - momosaddison.com
About This Author
New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c - momosaddison.com
Ben Rooney
Staff writer, CNNMoney

Ben Rooney is a staff writer for CNNMoney. He covers the European debt crisis and other international finance stories, in addition to writing about stocks, bonds, investing and other Wall Street-related news. Follow Ben on Twitter: @ben_rooney

To view my watchlist

Not a member yet?

Sign up now for a free account
Contributors
Stupid Stock Move of the Day
#StupidStock Move of the Day! Yes, Urban Outfitters may be finally turnings things around. But $URBN up 17%? Seems a bit excessive, no?
Most Popular
You won the $1.5 billion Powerball! Here's your tax bill
 
Diesel Women's Brown Cowboy leather Western Boots Shoes 38 Medium , NEW GEORGIA BOOT GIANT TWIN GORE WORK SHOE (GB00145) BROWN 10 MEDIUM $110Zara Red Ankle Boots With Stunts Size 40 , Korean Style Women's PVC Rain Shoes Anti Slip Rain Boots Middle GaloshesBare Traps Tommy Tan Brown Wide Calf Buckle Detail Riding Boot NewSam Edelman Tinsley Rain Boot 11 Women's Black Ankle Boots , DR. MARTENS WOMEN'S 10984 STEEL TOE BOOTS BROWN LEATHER 7 MEDIUM 5 UK $135SPORTO NEW Womens Black Natasha Snow, Winter Boots Shoes 5.5M TEDOHARLEY DAVIDSON Motorcycle Ankle Boots STARTER SWITCH 82016 Black Moto Leather 8 , Womens Over The Knee High Ladies Cut Out Leg Top Flat Heel Riding Biker BootsRefresh Black / Tan Women's Hunter 01 Winter Snow Boots Size 6-10 , New Dollhouse Attention Cowgirl western Cowboy Chunky Heels Knee High Boots , Stuart Weitzman Womens Black Leather Studded Ankle Biker Boots Size 7.5 Medium , New Women's GAP Boots - Black - Size 10 - NWTNew Lowa Womens Renegade GTX Waterproof Leather Hiking Outdoor Mid Boots Sz 5.5Womens Jack Rogers Chloe Boot in Midnight size 8 , Valerie Stevens Women's Italy Black Leather Tall Riding Equestrian Boots Size 7MSteve Madden Womens Haydun Taupe Knee-High Boots 9.5 Medium (B,M) BHFO 4728MARE Washed Leather Ankle Boots Size 39 / High Heel Made in Italy , Isabel Marant Womens Green Suede Brown Leather Ankle Boots Size 37NEW PIER ONE WOMEN'S SHOES FALL WINTER SHORT BOOTS BROWN US 7.5LifeStride Women's Smirk Dark Tan Ankle Boots - Size 8.5 Wide , 34c NEW Rag & Bone Harrow Hazel Suede Block Heel Booties Women's Sz 35 MWomen's Forever Link Shine 7 Black Mid Calf Boots Multiple Sizes Brand New , Womens Over The Knee Studded Sole Flat Ladies Stretch Calf Thigh High Boots SizeChic Sweet Women Platform Block Heels Bowknot Sexy Stilettos Ankle Knight Boots , FRYE Vintage VERONICA Short Boots BLACK LEATHER Mid Calf Moto 76509 Womens Sz 6 , Women Ladies winter warm woolen Creeper wedge heel Snow Boot , Jennifer Lopez Womens Hidden Wedge Ankle Boots Size 9 & 10 New
Powerball winner can stay anonymous, judge rules
 
Counterfeit goods market is booming and becoming more dangerous
 
Kodak ditches digital cameras, will focus on photo printing KENNETH COLE REACTION BLACK LEATHER “KISSING BOOT” SIZE 7.5 , Riverberry Women's Hailey Western Style Low Heel Zip-Up Ankle Bootie BootsMix No 6 Womens Vincee Almond Toe Ankle Fashion Boots Taupe Size 9.0 m2Pq , MARC FISHER Prenna Brown Suede Leather Slip On Mule Peep Toe Size 10 NIB $89 , VTG WOMENS ARIAT ATS SQUARE TOE COWBOY LEATHER BROWN BOOTS SIZE 6 B , EUC Villager by Liz claiborne black leather ankle boot Womens 6 1/2Sole Society Maris Taupe Suede Double Buckle Ankle Boot 10 41 SALEGentle Souls By Kenneth Cole tan leather tassle boots sz 38 1/2/8-8.5MODERN VINTAGE Black Suede Slip On Ankle BOOTS SZ 7 USCharles by Charles David Women's Gunter Fashion Boot Black Size 8.5 p8nnMarc Fisher Deztin Bootie - Women's Size 6M BlackPre-Owned Pour La Victoire Talia Tan suede Knee High Boots Block heel 8.5M , BP. Womens Trolley Heel Ankle Bootie - Tan Grey Size US 12 , Stelvio vintage black leather high heel boots womens US 6 made in ItalyCliffs White Mountain Felisa Flat Knee-High Boots 735, Brown, 8.5 US , Charlie Tassel Loafers In Calf Hair, J Crew, US 7, Made In Italy, Retail $250 , Sperry Shoes 3 PAIRS Size 6M GREAT DEAL!!! , Womens Frye Dylan Slip On Loafer Tumbled Gold Leather Shoe Size 8.5Giuseppe Zanotti Ballet Flats Black Patent & Tan Leather Round Toe 7 B Italy , Tory Burch Quilted Velvet Shearling Flats Shoes Size 8 , Soft Style by Hush Puppies Women's Varya Slip-On Loafer Dark Grey LeatherStuart Weitzman BLAIR Black Elastic Stretch Loafers 8898 Size 8 M NEW!Korks By Kork Ease Women's Leather Burgundy Shoes Sz 6 0876Teva Ember Moc W Black Womens Slip-On Size 11M* NEW * Nike Revolution 3 Womens Running Shoe (B) (009)KURU QUANTUM Womens Shoes Trainers Lightweight Fitness Trainer Gray 7 37.5(A3) , SKECHERS Shape Ups Walking Toning Shoes 11803 Women's size 8.5Everybody Loves Mickey | Comfortable Casual Basic Sneakers | 3 Colors | 6 - 9Adidas Originals Women's CourtVantage Shoes Size 5 us S78891Women's Puma Muse Echo Casual Shoes Puma White/Puma White 36677002 002 ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
New Nine Ellal1 West 6.5M Knee 6.5 Boots Women Shoes Heels 6.5M 6.5 Black Ellal1 Zip 4392f1c Boots
2144910
3305445
3317341
5432224
5456257
9741641
11274152
13566815
17302074
Powered by WordPress.com VIP.