The Buzz
All markets and investing news all the time

Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250

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: Near New
Brand: Nine West Size (Women's): 7.5
Boot Shaft Height: Ankle Heel Height: High (3 in. and Up)
Colour: Dark Moss Green Material: Leather
Toe Type: Pointed Toe Heel Type: Stiletto
Size Type: Regular

Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250
Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250 -

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%.

Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250 -
About This Author
Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250 -
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
BASS "Belinda" Mid Calf Black Leather Boots 8 womensFranco Sarto Vegan Black Gemini Heeled Ankle Boots 10Nicole Leather Ankle Boots Martini Booties Black Slip On Block Heel Sz 8M , Women's Low Heel Round Toe Zipper Riding Buckle Knee High Boot Shoes Size 6 -10 , Bella Vita Brown Leather Ankle Boots Womens 7.5 M Kyndall Quilted Buckle HeelsIKRUSH Womens Kali Buckle Faux Suede Ankle Boots , WOMENS LADIES FAUX SUEDE FASHION PIXIE ANKLE BOOTS FLATS SHOES UK SIZE 920-1 , Larry Mahan Women's Western Boots Brown-Black 2-Tone Leather US 6.5 MWomens Chic Faux Leather Ankle Boots Hidden Heel Shoes Tessels Belt Size US Plus , PRE Kensie Tayson Women's Tall Boots,Knee High Boots TAUPE SIZE 9 , WIG! Women's Fringe Mocassin Tassel Wedge Ankle Bootie in Black Faux Suede , Minnetonka 527T Feather Concho Tan Moccasin Boots Booties Suede Sz 6.5 1/2Womens Size 11 b.o.c. Born Concept Brown Distressed Leather Ankle Boots , Womens SO ankle Brown cowboy western boots US Size 7.0 MJUICY COUTURE Womens Gray Vintage Boots House Of Juicy Sz 7 MediumAndiamo 11 W Bronze Shootie Open Toe Bootie Boots Shoes Brass Pewter 11W Zip , Western Chief Women's Rubber Rain Boots Birdy Branches Navy Size 9 , L. L. Bean Women’s Wicked Good Shearling Boots, Black Size 8 M , Women's Refresh Rider-05 Faux Suede Low Heel Bootie Boots Mocha Shoes Sz. 10Clarks Ankle Boots Womens Suede Booties Zip Up Heels Sage Green Round Toe , NEW WOMENS LADIES ZIP UP OVER THE KNEE STRETCH RIDING BUCKLE HIGH HEEL BOOTSSteven By Steve Madden Womens Roami Brown Ankle Boots 9.5 Medium (B,M) BHFO 4963 , NEW WOMENS LADIES THIGH HIGH LOW HEEL OVER THE KNEE STRETCH BOOTS SIZE 3-8 , Vintage Maine Woods Chukka Boot Women size 8 BrownWomen Retro Leather casual zipper Suede Ankle boots heels Platform shoes XY61Journee Collection Womens savvy Closed Toe Ankle Fashion Boots , NEW WOMEN LADIES THIGH HIGH OVER THE KNEE FLAT WINTER BOOTS SHOES SIZE 3-8NEW BELLISSIMO ABBEY WOMENS WARM FLEECE LINED BOOTS , New Women Wild Diva Evelyn-60 Faux Suede Peep Toe Slouchy Stiletto Bootie ,
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 NEW YORK Women's Renna Velour Blush Booties Size 8 NEW , Nasty Gal Black Platform Block Heel Zip Ankle Boots US Size 6IKRUSH Women's Anah Faux Suede Fluffy Tassel Knee High Boots Size in BLACKSKECHERS Womens KEEPSAKES CONCEAL Black Tall Boots US 8.5; (48363/BBK)LIZ CLAIBORNE GLENETTE MIDCALF RED LEATHER BOOTS W/FAUX SNAKESKIN LADIES SZ 5.5B , INC Womens Laini Taupe Suede Ankle Boots Shoes 10 Medium (B,M) BHFO 2772 , $298 BCBG BCBGMAXAZRIA Womens MA-Dorota Over The Knee Boot Shoes, Black, US 7 , Women's WINNA Boots Black Goat Hair Size 6.5 Shoes Winter Snow Mid CalfMaterial Girl Women's MDorado Boot Black Synthetic 8M , Womens Bongo (30624) Walker Black Tall Boots (2F) , Women's Velvet Block Chunky Heel Ankle Boots Transparent Heel Shoes Knight R894New!! JAMBU JBU "Edith" Vegan/Micro Buck Winter Boots, Water Resistant, 9LADY'S NEW CORRAL GOLD AND CRACKLE BLACK EAGLE COWGIRL BOOTS SIZE 7.5 MSteve Madden “Goldie” Block Heel Mid Boot Size 9M Burgundy Multi , Cole Haan Womens Shoes Size 8.5 Dark Brown Leather Mid Calf Boots Casual$120 Vionic Womens Spark Pera Slip On Ballerina Flat Shoes, Tan Leopard, US 5Call It Spring Womens MOILLAN Round Toe Ankle Fashion Boots, TAUPE, Size 11.0 63 , TOSCA BLU Women Cowboy Boots Size US 6 Brown Leather , J. CREW Womens 8 Boots BLACK LEATHER BOOTS 8 ITALIAN BOOTS 8 J CREW BOOTS 8Stuart Weitzman 10.5 Black Suede LoafersPrada Black/ Gray Striped Suede Ballerina Flats W/ Bows: Size: 8 US/39 ITALY , Paul Green US 7.5 leather sneakers BROWN shoes lightweight flat toggleSAM EDELMAN BEATRIX cheetah print pony hair cap toe ballet flats sz. 6.5 $130 , GAENOR 195591-020 Vaneli Womens Gaenor Flat (B)- Choose SZ/Color. , 02-2869 New Balance Women's 96 REVlite Shoes Grey with Orange SZ 7.5B , Womens BORN 225229 champagne shimmer leather ballet flats sz. 7.5 M NEW! $110ECCO Women's Dayla Toggle Flat, Black , 42 EU/11-11.5 M USWomen's Avec Modération Women's Loafers ZEBRA Flats , Women's Casadei Sandals Burgundy Size 5 Boots , Women Vintage Pointed Toe Patent Leather Slingbacks Buckle Strap Party SHoes
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Women's Nine Leather West Dark Green Leather Ankle Ankle Stiletto High Boots Heel Boots 5e22250 Boots
Powered by VIP.