The Buzz
All markets and investing news all the time

Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05




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
Seller Notes: New Women's Pikolinos Barcelona Loafer in excellent condition without the original box.
Brand: Pikolinos Heel Height: Low (3/4 in. to 1 1/2 in.)
Style: Loafers Color: Black Leather
US Shoe Size (Women's): 5.5 - 6 Occasion: Casual
Width: Medium (B, M) Fastening: Slip On
Material: Leather upper & Fabric mesh / Synthetic sole UPC: 8434317067029

Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05
Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05 - hollisbaker.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%.

Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05 - hollisbaker.com
About This Author
Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05 - hollisbaker.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
 
Taryn Rose Faye Rose Gold Metallic Leather Loafer Slide Comfort Shoe 7.5 NewSalvatore Ferragamo Women's Shoes (Black, Flats, 7 1/2, Authentic w Box)NEW DANSKO WOMEN'S AUDREY HOOK AND LOOP PUMP BLACK CRACKLE 42 12 MEDIUM $145Chloe Brown Animal Print Calf Hair Scalloped Ballet Flats Shoe Size 36 1/2 , LANVIN Metallic Bronze Leather Classic Elastic Ballet Flats 37BALLY Navy Blue Leather & Croc Gold Detail Ballet Flats Woman's Sz 8N Italy NiceLADIES SHOES/FOOTWEAR - Sundowner Radar mint high sandal , LADIES SHOES/FOOTWEAR -Rieker L4681 black/bronze shoe size 36/5 , French Sole FS/NY 6 Tan League Desert Nubuck Ballet Flatsmelissa shoes Ulitsa Sneaker Varias Cores Sapatilha , Calvin Klein Jeans Genna Canvas Navy espadrilles sale r3768 , JCrew $138 Audrey Flats in Suede Size 8.5 Black Shoes G0891 AVL , OluKai Hiapo Dark Java / Toffee Men's Premium Leather Sandal 10101-4833Mank 2018 new spring men's shoes tide shoes leather casual shoes men's Korean , J.CREW FLORAL EMBROIDERED POINTED-TOE MULES WITH POM-POM SIZE 6M MULTI G4202Women's Twisted X Red Driving Mocs D Toe - WDM0024NEW DANSKO WOMEN'S AUDREY HOOK AND LOOP PUMP BLACK LEATHER 39 9 MEDIUM $145 , FITFLOP WOMENS UBERKNIT BALLERINA HOT CORAL NEON BLUSH SIZE 6.5Palomitas Paloma Barcelo Daniela Slip-On Green Suede US 7.5 MSRP $265 NWBNew KENNETH COLE Womens Black Leather Casual Slip On Ballet Flat Shoes Sz 7.5 M , ECCO Warm Grey Platinum Metallic Leather Walking Sense Flat Shoe 41New , JOSEF SEIBEL US 7-7.5 Brown Leather Slingbacks Comfortable Shoes RARE , MERRELL WOMENS ENCORE Q2 BREEZE ALUMINUM SIZE 7 WIDEJohnston & Murphy Womens Champagne Snake Maggie Camp Moccasin Shoe 9 NewWolky 37 US 6-6.5 Chocolate Brown Passion Suede Mary JanesTaryn Rose Faye Rose Gold Metallic Leather Loafer Slide Comfort Shoe 8.5 NewEasy B Extra Wide Ladies Shoes 'Healey'BOX jerome c. rousseau shoes 37 7 4 Leather silver Pumps sandals 100% auth , Women's Shoes Jack Rogers QUINN Penny Loafers Slip-On Leather Platinum ,
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 nasty gal cape robbin connie peep toe boots size 8.5 new in box black velvet , XOXO Moira Zip-Up Knee-High Boots 691, Brown, 7 US / 38 EUnew ladies Black 5"High Hidden Wedge Heel 1.5"Platform Ankle Sexy Boot Size 6.5 , Dark Brown 1" Low Heel Side Belt/Buckles Faux Leather Sexy Knee Boot Size 8.5 , DC Black Flex J Mid Calf Synthetic Boots Women's Size 5 New without BoxEric Michael Laguna Distressed Tan Leather Made In Portugal Moto Boot MSRP $205Via Spiga Benita Gray Womens Shoes Size 8.5 M Boots MSRP $295Merona Women's Arie Brocade Booties gorgeous floral pattern NEW , Marc Fisher Taite Black Leather Riding Boots NEW , BORN Womens Black Leather/Studs Ankle Boot Size US 8.5/Side zipDansko Professional Patent Streamers Pro Clog Women 606580202 Size 41 NewSeychelles Womens Into Thin Air Moccasin- Pick SZ/Color.Womens Suger Colored Rabbit Fur Flats Loafers Slip On Clunwear Party Flats HotSublime ETIENNE AIGNER Black Patent Crocodile Loafers w/Brass Insignia 6.5M , MULBERRY STUDDED T-BAR BLACK SUEDE BALLERINAS FLAT SHOES US 10 , Gorgeous Christian Louboutin Neon Pink Patent Leather 100 Fifi Heels 36 NEWAuthentique mocassin cuir crin poney 36 Giuseppe Zanotti I26088 valeur NEUF , Casual New Women Platform Walking Hideen Wedge Slip on Mid Wedge Heels Shoes , Women's Nike Free 5.0 TR Fit 4 Running Shoes 629832-303 Size 6 , LL Bean Women’s Dark Mocha Brown 8.5 Mocs Insulated! School Special!Tory Burch 'Reva' Ballerina Flat with Gold Hardware - Brown - Size 5.5M - $225Women's SAS Shoes time out size 6 N narrow Black C3638458Saucony Women's Kilkenny Xc7 Track Shoe - Choose SZ/Color , Altra Provision 3.0 Women's Gray/Purple Road-Running Shoes 7MVANS Palisades Vulc (Washed Canvas) Beach Glass Casual Shoes WOMEN'S 10 , Women's Geox Ophira Black Womens Trainers Athletic Shoes , Xti 46569 Women's Taupe Side Zip Up Metal Studded Back Ankle Trouser Boots New , Womens Sexy Faux Suede Sweet Flats Dating Shoes knee High Riding Boots Plus UK , Brinley Co Women's Helmi Ankle Boot Taupe Size 6.0 4HRyWomens Winter Snow Sweet Ankle Boots Warm Zipper Chunky High Heels Shoes Sbox1
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Pikolinos Women's (M) 36 Barcelona W2H-3606 Black Loafer 36 (US Women's Loafer 5.5-6) B (M) 6a0ee05 Flats
918324
2697942
9738589
10371879
11468233
12896872
13678227
14951278
17109156
Powered by WordPress.com VIP.