The Buzz
All markets and investing news all the time

SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db




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
Brand: YSL, Yves Saint Laurent
Heel Height: Flat (0 to 1/2 in.) Style: Loafers & Moccasins
Color: Black, silver and gold US Shoe Size (Women's): 40.5
Pattern: leopard Width: m
UPC: Does not apply

SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db
SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db - 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%.

SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db - hollisbaker.com
About This Author
SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db - 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
 
Lanvin NIB Beige Navy Purple Jacquard Leopard Print Pointed Toe Flats SZ 36 , Christian Louboutin Freddy Flat Spikes Patent Fluo Oxfords Shoes 37 , HOGAN WOMEN'S LEATHER LOAFERS MOCCASINS NEW H323 GREY 428Authentic Pre-owned Christian dior J’adior SlingbacksbBlack Patent 37.5 FlatFinn Women's Ikebukuro-Finnamic Leather Shoes Taupe Jasmin 2911-901070 , CELINE Nude Beige Leather Chain Detail Flat Smoking Slipper Loafers Shoes $895Charlotte Olympia Mid-Century Kitty Flat, 36.5 , Prada Calzature Donna Black Womens Shoes Size 9 M Flats MSRP $877.99Jimmy Choo Pointy Toe Glitter Flats with Crystal Detail Size 35.5Sergio Rossi Women's Black Leather Loafers SIZE 38.5NWOB Ballin Women's Studded Buckle Ballet Flats Black sz 40 (sz 8) , Christian Louboutin Women Galia Tissu Medailles White Gold Espadrilles Euro 41 , CHRISTIAN LOUBOUTIN BLACK AND WHITE PILUCA WEDGE ESPADRILLES SHOES 7 , Finn Women's Ikebukuro-Finnamic Leather Shoes Espresso Jasmine 2911-901095Finn Women's Ikebukuro-Finnamic Leather Shoes Santos Range 2911-901035 , Manolo Blahnik Flats 38 With Butterfly Print , NEW $500 DOLCE & GABBANA Shoes Espadrilles Yellow Velvet Flats s. EU39 / US8.5Givenchy Elegant Studded Flat Sandal, Black Size 37.5 MSRP: $850Miu Miu By Prada Orange Leather Scrunch Bow Ballet Flats Ballerina Shoe 37 - 7Rupert Sanderson Langley Casual Loafers, Black*** SERGIO ROSSI *** Black and white stripe loafers mules flats. Size 39.Sweetest Christian Louboutin Exagona Glitter Platform Crisscross Heels 39.5 , MULBERRY BOW GROSGRAIN T-BAR METALLIC BALLERINAS FLAT SHOES US 11Isabel Marant Finha Embroidered Suede Loafer Flats Applique Black Ballet Shoe 40Tieks by Gavrieli Pop Pink Size 9 , $2650 PRADA WOMENS BEIGE CRYSTAL SUEDE LEATHER ITALY ROPE Slip-ons SHOES 39 9 USNIB CHRISTIAN LOUBOUTIN Galleria 100 Leather & Suede Sandal; 36.5/6 , New FENDI Red Pequin Leather/ Canvas Logo Ballerina Flat Shoes sz 38/7.5M , SO CUTE! Women's $450 Stubbs and Wootton Velvet "REEF" Slippers Loafers Shoes
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 Women’s 5½M Justin Cowboy Western Boots Tan Leather 2½” Heels 12” Shafts VGCAerosoles Women's Road Scholar Fashion Boot, Black Suede, 9.5 M USBlackstone Cognac Brown Distressed Leather Western Ankle Boot/Side Zip-Italy-36Pleaser Dominatrix Fetish Halloween Platform Stiletto Lady Gaga Black Boots US 7 , Reba Calf Hair Western Bootie 8.5MB. P. Traffic Brown Distressed Suede Slouch Tall Boots Size 7 M , CHARLIE HORSE sized 9b western cowboy booots , Sexy Pirate Costume Add On Knee Length Cuffed High Heels Boots Shoes Adult Women , Naturalizer Boots/ Size 9.5/ Mid Calf Boots/ Brown tone/ Leather uppersNew MIA Sz 8.5 Tan Suede Leather Side Zip Genessa Boots , New Women Wedge High Heel Ankle Buckle Boots Rivets Suede Zipper Platform ShoesBørn Trinculo Brown Leather Round Toe Bootie Women Size 40.5 / 9MDirty Laundry Thumbs Up Water Boots • Women's Size 8, Black NEWSAS Tripad Comfort Roamer Black Nubuck Leather T-Strap 11.5 S(Slim-AAA) , Carlos by Carlos Santana Women's 8.5 Sterling Western Booties Black Pointed ToeSam Edelman Petty Suede Chelsea Boot Booties Size 10NIB AUTHENTIC TORY BURCH BLACK ROMY BALLET SHOES LEATHER WITH GOLD LOGO 9.5BEVERLY FELDMAN PATENT SNAKE BUCKLE LOAFER SLIP ON flats shoes WOMENS SZ 7 M , Stuart Weitzman Shoes Flats Blue Sequin Silver Sneakers Size 8N , Tod's Womens Suede Patent Ballet Flats Ballerina Shoes Gray 38.5 / 8.5Donald J Pliner Hasin Purple Plum Southwest Aztec Hand Beaded Flats Size 9 Italy , Miu Miu By Prada Coral Faux Fur Pearl Slides Womens Size M , BEAUTIFEEL WOMEN'S ALINE, COMFY DRESSY SLIP-ON FLATS, ARCH SUPPORTMunro American Women's Stone Beige Nubuck Aubrey Slip-on Wedge Size 6 , adidas Originals Women's Cloudfoam Daily Qt Mid Fashion SneakersBrooks Pure Cadence 5 Running Shoes Black/Purple/Teal Women's US 8.5 (D3,10)Women Nike Air Max 270 Triple White Running Sneakers Shoe AH6789-102 Size 5.5Vans Black & flower Print Skate Shoes Sneakers SIZE US MEN'S 9.5 WOMEN'S 11 , 1. State Skkylar Women's black leather ballet flats sz. 8.5 M , Report Signature Women's Cathrine Wedge Sandal
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
SAINT LAURENT Leopard-Pattern SAINT Smoking 40.5 Loafers Shoes Shoes NEW SIZE 40.5 YVES ysl e7503db Flats
602797
2928343
5143666
7813653
10424126
12547872
13213665
15175533
16808104
Powered by WordPress.com VIP.