The Buzz
All markets and investing news all the time

Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527

Item specifics

Condition: New without box :
A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or may be missing original packaging materials (such as the original box or bag). The original tags may not be attached. For example, new shoes (with absolutely no signs of wear) that are no longer in their original box fall into this category. See all condition definitions- opens in a new window or tab
Style: Ballet Flats Pattern: Solid
US Shoe Size (Women's): 6.5 Color: Pink
Material: Leather Brand: Juicy Couture
Width: M) UPC: Does not apply

Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527
Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527 -

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%.

Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527 -
About This Author
Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527 -
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
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
Tory Burch Black Linen Castaway Flat Loafer Espadrille Tropical Shoe 10.5 , NWT: Tory Burch 41148377 York Ballet New Kir Royal Size 7 MAquatalia Marvin K Sz 9 Ladies Brown & Black Leather Slip On Wedge ~ Worn 1 XAzura Women's Emeka Loafer Black Leather FlatsNIB Authentic COLE HAAN STUDIOGRAND FLYKNIT & LEATHER Oxford Size 9 M , Dansko NARROW Professional Black Cabrio Leather - size US 11 - was $125 , Tory Burch Thongs Marion Silver Quilted Sandal Leather Flip Flop 7 Slide , Prada Ballet Flats 6 36 Black Leather Elastic Criss Cross Straps Round Toe MocsNEW J.CREW COLLECTION ELSIE JEWELED PUMPS IN ABSTRACT PRINT, F4870, SZ8, GREEN , EILEEN FISHER RAY Studded Slip On Flat Loafer Shoes Black Oiled Leather Size 9.5 , LA PINTA FEDORA Black Leather Flat ShoeSTUBBS & WOOTTON BLACK FABRIC BLUE BELL MULE LOAFER SLIPPER WOMEN SZhandmade moroccan babouch raffia babouch mule boho shoes raphia shoes flats , Thierry Rabotin Light Snake Skin Pattern Flats Size 7.5$298 AGL Grey Buckle Shimmer Moccasin Flats Sz EU37.5/US7.5 NEW IN BOX! , Tory Burch Reva Patent Leather Ballet Flats Orange Size 7 1/2BADGLEY MISCHKA WENDY Embellished Ballet Flats Black Leather Crystals Sz 7.5 NEWMiu Miu Pointed Black Beige Bicolor Ballet Flats Size 39 Scrunch Back Bow DetailGIUSEPPE ZANOTTI TAZ VERNICE BLUSH THICK STRAPS STILETTO HEEL SHOES SANDALS~37NEW Women's AGL Welted Moc Loafer Soft Italian Leather Size 39 US 8.5-9 $249J SLIDES NYC BLACK ANTEEK STUDDED LEATHER SNEAKERS SIZE 9 - NEW , Agl Attilio Giusti Leombruni Beige Patent Ankle Wrap Wedge Sandal Shoe 37.5Stuart Weitzman Mulearky Beige Womens Shoes 10 M Clogs & Slippers MSRP $398 , Donald J. Pliner Sport Women's NAVA Black Shimmering Leather Driving Shoe 6.5Mhot sale 2 Color Sz 5-10 Leather Fringe Tassel Loafer Dress Slip On Womens ShoesWomens MEPHISTO AIR JET stylish gray leather slingback flats sz. 9 M , New Alegria PG Lite Sz US 6.5 "Harper" Abalone Mary Jane Style Shoes C4 , Sam Edelman Size 8 NWB Retail $225 GreyNEW DANSKO WOMEN'S JANE FLAT BROWN LEATHER 38 7.5 MEDIUM $229
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 SC35 Jamila Dress Ankle Booties 827, Black Mircro, 9.5 W US , S.C Wessley Semi-Quilted Short Booties, Cognac, 7 US UsedBongo Women's Ankle Boots Shoes, 7.5 M, Brown Leather Tie onsDingo Women's DI07321 10" Tan Distressed Fashion Boots w/ Strap - Size 8.5 MB Makowsky Sherry Brown Leather Buckle Detail Back Zip Riding Boot 8 SaleVince Camuto Brown Suede Ankle Boots Womens Sz 8.5 Platform Heels Zip J2E , Merrell Veranda Butter Rum Brown Womens Leather Booties Sz 10MNP121916 LARSPBT85 Women's Shoes Size 7 (Eur 4.5) Leather Boots Mephisto , Vintage Red Leather Boots 7 1/2 , Vince Camuto 'Kensa' Peep Toe Nubuck Leather Bootie SZ 9.5M Almond/BeigeNew ECCO Shape 75 Booties Marine Blue sz 36 6 , Cole Haan Women's Leather Upper Silver Air Monica Ballet Flats 3747 Sz 5.5 BBURBERRY ROWLES OXBLOOD SLIP ON SHOES us $375 , VALENTINO Women's Rock Stud Hidden Sneakers White PW2S0781 FLR 0JA EU Size , $850 Givenchy Dog Print Black Leather Espadrilles size 36 , Tory Burch Melinda Women's Beige Leather Classic Flats Sz 9 2802Softwalk Women's Wish Flat, Black, 11 M US - Choose SZ/Color , Bernie Mev Women's Venti Black 38 MNew Women’s Chic Sweet Bowknot Wedge Platform Creepy Sneaker Shoes Plus Size K57VANELi Womens gemma Suede Almond Toe Black Suede Size 7.5Shoes Lotto Leggenda Tokyo Shibuya W R4211 Women's Run Vintage White Grey LTD , PUMA Womens Basket Platform Patent Fashion Sneaker- Pick SZ/Color. , Jessica Simpson Women's Farahh Walking Shoe MultiColor Size 5.5 UzQLWomen's dansko clogs size 7 Comfort ShoesBandolino Women's Hamper T Strap Sandal Storm Sparkle Denim Buckle Fastening , Orthaheel Clog Slip On Comfort Mary Jane Slides Women's Shoes , Skechers Women's Comfort Flex Sr Hc Pro Health Care Professional Shoe , Latest Collection BM Series footwear women Comfort Shoes For Women DS 16CS-3Spring Step Women's Sideway Slip On Green LeatherAthleta Terrex Choleah Shoe Boot by Adidas ,winter Grey Gray 6 New= hard to find
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Brand New Juicy Couture Womens M Couture Ballet Shoe SZ 6.5 Pink M Pink Leather Solid Flat $329 74bc527 Flats
Powered by VIP.