The Buzz
All markets and investing news all the time

Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5




Item specifics

Condition: Pre-owned :
An item that has been used or worn previously. See the seller’s listing for full details and description of any imperfections.See all condition definitions- opens in a new window or tab
Seller Notes: customer return showing very slight wear
US Shoe Size (Women's): 9 Color: Brown
Width: Medium (B, M) Material: Suede
Heel Height: High (3 in. and Up) Heel Type: Block
Brand: Sole Society Fastening: Zip
Style: Fashion - Ankle

Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5 - momosaddison.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5
Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5 - 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%.

Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5 - momosaddison.com
About This Author
Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5 - 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
 
Lamo Black Suede Button Whipstitched Faux Fur Ankle Boots NEWHot In Hollywood Black Suede & Patent Wedge Boots NewBCBG Fashion Tassel Knee Boots Women's 8.5 Black Suede Leather Havana Heels Slip , Nine West Women's Wintero Black Snake Booties - Size 8 & 8.5 NWB , Harley Davidson Riding Boots - Women's Size US 6 1/2 - /2 - /2Charles David Womens Skye Red Pump Mid-Calf Boots Shoes 6 Medium (B,M) BHFO 2377 , Libby Edelman Henson Gray Studded Removable Harness Ankle Boot New , Women's Boots Flip-up Ankle Boots Fashion Fur Female Winter BootsNaughty Monkey Arctic Women's Ankle Boots Booties LeatherRiding Boots Knee Length Chelsea Shoes Celebrity Vintage Faux Leather Size SSS , So Women's Skates Brown Slouch Ankle Boot - Size 7 / 8 NWBJessica Simpson Yeni Women's Woven Ankle Booties Boots , Lucky Brand Ramses Women's Perforated Almond Toe Block Heel Ankle Bootie Boot , Vince Camuto Womens Jamirah Black Over-The-Knee Boots 9.5 Medium (B,M) BHFO 8556Vintage ETIENNE AIGNER Brazilian Brown LEATHER Chukka Buckle Ankle BOOTS 6.5 MMerrell Women’s Black Suede Leather Zip Side Ankle Boots Grip Sole Size Sz 7.5 M , Womens Short Fashion Fringe Ankle Shoe Boots 2" Low Heel Black 6 7 8 9 10 NEW , Womens Outdoor Rain Gardening Snow Boots RB010 (Adult 5 6 7 8 9 10 11) , Women's Shoes Cute & Comfort Round Toe Flat Slouchy Mid Calf Knee High Boot NEW , Size 6 Women Boot Faux Leather 3.5" Heel BRAND NEW !!!Colorful Women Girl Creeper Shoes Plimsolls Platform Ankle Boots Female High-top , CORSO COMO Ladies Tan Leather Ankle Boots Size 9M , Women's Natural Rough out Leather Cowboy Boots Made In Italy Eu 40 US 9 - 9.5New Steve madden skippur black leather boots. sz7.5. RT$139. , MINNETONKA Ladies Suede Moccasin Boots Size 7MVaneli Beige Suede Knee High Slip On Boots, size 8 , Over The Knee Boots Thigh High Stretch Upper Open Toe Chunky Block Heel Boot , 1257 Alberto Fermani Umbria Convertible Black Suede Boot Women Size 35 MKali Women's Fringe Fur Lining Faux Suede Ankle Booties (Adults 6 7 8 9 10 11)
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 Marc Fisher MFKOOLERS Women's Black SOFT Leather Ankle Boots 7.5 FITS LIKE 8 , Ladies Hi Tec Boot - New MoonWomen's Black Slouch Style Boots by Max Collection Women's Size 9 , LADY STORK BROWN NUBUCK LEATHER FRINGE ZIPPERED BOOTS WOMENS SIZE 8 PRE-OWNEDKARSTON Bottines à Talons Cuir Marron Bandes Elastiquées T 39 BECoconuts by Matisse Adalyn tan leopard print ankle boots booties size 6Lauren Ralph Lauren Rayna Women's Dress Booties, Leather Black, US 9.5, B, $109New! Ariat-Womens Size 6.5 B- Tan Western/Cowboy Boots-Nice!WOMENS JUSTFAB PAISLEY WIDE TAUPE BELTED KNEE HIGH HEEL FASHION BOOTS 8 WIDEThe North Face Shellista II Women's Black Mid Luxe Snow Boots Size 5.5 New , Nine West Womens amy Closed Toe Knee High Fashion BootsEvercreatures UK Brand Boots Women's Gumboots Rubber Boots Rain Boots Wellies , Fergalicious Women's Liza Boot Grey 6B(M) USGIANNI BINI Women's SIZE 11 M Stormy-Dayz Rainboots Leopard/Black NEW IN BOXstuart weitzman boots/ Bootie Black Patient Leather Size 10MINNETONKA Shoes 540022 Blue 7Cole Haan Women's Gilmore MJ Ballet Mary Jane Flats - Multiple Colors , Cole Haan Dressy Professional Soft Black Leather Zip Up Knee High Boots Size 6 , Seychelles Womens Horde Bootie- Choose SZ/Color.Women Buckle strip Pointy Toe Stilettos High Heels Knee High Boots Knight shoes , Aldo Women's Eliliane Boots, Black, Size 6.5 , naturalizer Josefa Cross Strap Loafers, Black, 7 US / 37 EU , new $1500 Giuseppe ZANOTTI all JEWELED rhinestones flats shoes 36.5 US 6.5 - ARTStuart Weitzman Pipelimber black boucle loafer women's size 11.5 mWomen's ADIDAS NEO White CLOUDFOAM ADVANTAGE Casual Athletic Shoes AW4287 Size 7 , Steve Madden Womens Greyla Satin Frayed Trim Fashion Sneakers Shoes BHFO 5265 , Eastland Women's Open Road Shoe Black 7.5 M USBallerine model 114919 Inello - Matter - ShoesNew Balance Women's Boracay V3 Running ShoeOnitsuka Mexico 66 Slip-on Women Sand/Off-White 1 Size 10M ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Sole Society Flynn Suede Sole 27729 Leather localjoes-27728 Tie Det. Side Zip Ankle Boots Womens 9 M Rust + 4eef5e5 Boots
572655
1212121
3798012
5558992
10407528
11543945
15103367
15840302
18001014
Powered by WordPress.com VIP.