The Buzz
All markets and investing news all the time

Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6




Item specifics

Condition:
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Style: Equestrian
Material: Man Made Color: Brown
Heel Height: Low (3/4 in. to 1 1/2 in.) Width: Medium (B, M)
Country/Region of Manufacture: China Brand: Kenneth Cole Reaction
Pattern: Solid Fastening: Zip

Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6 - momosaddison.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6
Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6 - 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%.

Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6 - momosaddison.com
About This Author
Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6 - 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
 
SOCOFY Womens dark gray brown flower Ankle comfort boots shoes 7M 37Womens Dr. Martens Shoreditch Cherry Red Canvas Ankle Booties Boots Sz US 7 38COLE HAAN Women’s Size 5B Riding Mid Calf Boots Croc Print Brown Leather x100Lamo Emerald Green Suede Button Whipstitched Faux Fur Ankle Boots NEW , NEW Code West 05-80535 Women Fringe Brown Suede Leather Western Boots 6.5M $115Jellypop Women's Blake Zipper Ankle Booties Size 7M, Sand Distress 610 , NINE WEST Granny Grunge Ankle Boots Size 8.5 M Women'sCougar Waterproof Rubber Pineapple Design Black Woman's Shoe Size 6 Medium NewIsaac Mizrahi Live Vanessa Leather Ankle Booties w/Goring Womens 9.5 M Navy ~ , High Stilettos Heels Knee High Boots Tassel Autumn Womens Shoes Plus Size NewReba Brazen Women 9.5 Bootie Shoe Black Metallic Ankle Boots Western Cowboy HeelSperry Top-Sider Waterproof Rubber Rain Boots - Size 8 , Women Fashion Non-Slip Cartoon Print Girls Waterproof Ankle Rainboots Shoes CuteNew Womens Knee-High Buckle Riding Boot Faux Leather Shoes Black,Cognac DORIC-SMerrell Tundra Women's Black Leather Waterproof Insulated Ankle Boots - US 6BEARPAW® Maggie Suede Sheepskin Boot knit fabric NeverWet® BLACK 6M NEW 571-230 , WOMENS ARIAT FATBABY 14930 BRN WORN LEATHER COWBOY WESTERN BOOTS SZ 7 B 7BSporto® Maria 3 Water-Resistant Tall Boot Buckle Zipper BLACK 9W NEW 580-127 , ENZO ANGIOLINI WOMEN'S "JENYA" BEIGE SUEDE KNEE-HIGH BOOTS, SIZE 6M , Keds Women's Snowday Bootie Snow BootDolce Vita Honey Brown Leather Tatum With Fur Trim Ankle Boots SZ 9 $242 Booties , NORTHSIDE 915827W WOMEN'S SLOAN LIGHTWEIGHT TALL WINTER BOOTS, FAUX FUR US 7 , JOHN FLUEVOG ANGEL SOLE BROWN LOAFERS WOMEN'S SIZE US-W-8 UK-6 MADE IN ENGLND , J.Crew Black Double Zip Suede Leather Wedge Ankle Booties Boots - Size 6Pointy Toe Block Chunky Clear Perspex Lucite Heel Ankle Boot Bootie ShoesWomens Warm Pull On Shoes Trendy Suede Faux Fur Furry Winter Snow Mid-Calf BootsBorn Tall Boots Size 6 Brown Leather Wedge BOC Zip Buckle Round ToesSporto® Maria 3 Water-Resistant Tall Boot Zipper Padded GRAY 7.5M NEW 580-127Womens Steve Madden Norri Over The Knee Boots Black Size 5.5 M
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 Parker & Sky Women's Open Toe Booties Sz 7 Black Slip On Lucite Heel NWOBRampage Ivelia Riding Boots - Women's Size 8.5W, Brown/Black , Earth Origins Tori Suede Water Repellent Mid-Heel Ankle Boots Womens 9.5 M BlackVasque Breeze 2.0 Women's Gargoyle/African Violet Hiking Boot 7MFranco Sarto Womens Shoe Like Bootie Deepa 2 Leather Blush Pink Size 8.5 W New , Harley-Davidson Cycle Black Leather Women Boots Size 6 - 6 1/2Tony Mora Women,s Made in Spain Red leather Western Boot 2472 Size 5 NewIvanka Trump Avali Gray Womens Shoes Size 9 M Boots MSRP $150 , Zigi Girl Women's Meredith Black Leather Knee High Boots 6 M New in BoxRegina Regis Red Multicolor Tartan Plaid Knee High Rain Boots SZ SStuart Weitzman Black Suede "PumpedUp" Square Toe Wedge Booties,worn 1x, sz. 8MAK Anne Klein Women's GLINDA Velvet Ankle Boot DARK GREY 6.5 M Booties NWB , Tamara Boots Women's Dark Coffee Suede Size 5 M Kd1 , Stuart Weitzman Ohbredher Women Shoes black - Wild/leatherNIB - CHIARA FERRAGNI Women's Black FLAT LOAFERS CF1205 37 / 7 , SAS Easier Wedge LOAFERS Made in USA Ladies size 12 WW Black Shoes New in BoxNIB Auth Chloe 'Lauren' Light Silver Leather Scalloped ballet flats Shoes SZ 40Church's Women's 'Monna' Black Leather Perforated Oxfords Sz 38 NEW! 220857 , MANOLO BLAHNIK SUEDE BALLET FLATS SLIP ONS FLOWER MAUVE WOMEN'S SIZE 6.5 CUTE! , Rachel Comey ballet Espardille Shoes Nude Orange Suede One Of A Kind US size 9.5 , NEW Tory Burch Reva Sz 6 GREEN Skimmer Ballet Flat Shoe New Malachite Gold Suede , Skechers Women's Parties-Mate Oxford Shoes - Choose SZ/ColorWomen’s Kelsie Dagger Fabricea Neon Pink Flats Shoes Size 10 , Ahnu 1016722 Womens W Calaveras Waterproof Backpacking Boot- Choose SZ/Color. , ECCO Womens Soft 5 Toggle Fashion Sneaker- Pick SZ/Color.Bm Bianca Pewter Sandals Women's Shoes SizePropet Travelactiv Mary Jane Sneaker - Women's Size 6.5N, White ~New~Women's NEW ANTIDOTI WOMENS MULES FlatsHot Womens Fur Trim Hidden Wedge Heel Warm Mid-Calf Boots Round Toe Shoes New , Bernie Mev Women's Charm Yael Mary Jane Bronze Comfort Shoes
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Kenneth Cole Reaction Womens Brown Womens NIB Tall Zip Tall Up Gina Riding Boots Size 7 NIB 4ecbbb6 Boots
333300
2257933
4212383
4450782
4918574
5885646
8679682
9145903
18400285
Powered by WordPress.com VIP.