The Buzz
All markets and investing news all the time

Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa




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: Unbranded
Material: Leather Style: Oxfords
Occasion: Casual Country/Region of Manufacture: China
Pattern: Poker Heel Height: High (3 in. and Up)
Width: Medium (B, M)

Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa
Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa - 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%.

Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa - hollisbaker.com
About This Author
Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa - 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
 
Womens First Layer Cowhide Round TOE Cross Strappy Flat Wihte shoes , Elizabeth And James Black 'Gavin' Leather Flats Sz 6.5 NewFlat Nine West Maudisa Black/Black LeatherJon Josef Women´s Bumblebee Natural Linen Loafer FlatsCalvin Klein Womens janica Suede Open Toe Ankle Wrap MulesFashion Women's Metal Chain Genuine Leather Flats Oxfords Mules Slides On shoesFulinken US Size 5-9 Embroidered Suede Leather Dress Ballet Flats Womens ShoesWomens First Layer Cowhide Pointy Toe High Heels Buckle Strap Black Sandals , Munro American Kimi Slip on Casual Loafers Womens White Leather Size 7.5 M* , Leather ballet flats Soft tie CC resorts Bliss , TOMMY BAHAMA Pearlized Gold Tan Leather St.Croix Woven Cap Toe Ballet Flat 8.5BWomen Round Toe Bees Embroidery Fur Mules Slip On Loafers Slippers Flat Shoes sz , Women Flat Shoes Round Toe Pull on Rhinestones Loafer Fashion Casuals Shoes , AGL Black Leather Horsebit Slip On Casual Loafers Women's Size 36.5 M , Womens Chic Flats Pointy Toe leather Loafers Shoes Slip on Pumps Buckle LeisureNew Munro American Kimi Black Leather Bit Slip On Loafer Women's Size 7 M*Womens Flat Shoes Suede Square Toe Pull on Rivet Fashion Autumn Casuals Shoes , NEW LOT Black Tan Fringe Strappy Gladiator Glitter Flats Sandals Faux SuedeFlat Nine West Amethyst Black FabricNEW J.CREW TWEED LOAFER MULES, G8230, SIZE 7.5, NAVY, $128womens Low Block Heel oxford Bowknot shoes cow Leather Flats Slip On shoes size , J/SLIDES Satin Faux Fur Pom Pom Navy Sneakers 2998 Size 8.5 M , Womens Winter Warm Rabbit Fur Slip On Loafer Leather Moccasin Shoes Mules New Y1 , Women Suede Leather Slip On Real Shearling Fur Moccashions SHoes Slip On LoafersRetro Leather Womens Round Toe Platform Mary Janes Shoes Oxfords Shoes Buckle SZEUC St. John Marie Gray Women Black Paillettes Slip On flat shoes sz. 6B Classic , Naya Tilda Navy Leather Casual Comfort Loafers Flats Women's Size 10 M* , Chic Womens Leather Slippers Shoes Mules Flats Oxfords Slip on Loafers , Womens Patent Leather Pointy Toe Rhinestones High Heels Marry Jane 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 J renee black suede snakeskin ankle boots booties womens shoes 9cory-1 Fashion Ankle Casual 3.5 Inch Heel High Women's Winter Boots Taupe 8Womens Size 7M Indigo Rd. Black Embossed Velour Ankle Boots , BCBG ~Studded Cowboy Western ~ 2-tone Inlay ~Brown Leather Boot ~Women (9 M) , Frye Engineer 8R Women's Black Leather Moto Boots Size 9 , The Sak Womens RHYME Round Toe Ankle Chelsea Boots MultiColor Size 7.0 DiEHPropet Lumi Ankle Zip Boots - Women's Size 7 B - BlackJ.CREW SUEDE TAN AGGIE ANKLE BOOTS BOOTIES 6 $268 , Chooka Womens Fremont Rubber Closed Toe Mid-Calf Rainboots Black Size 8.0 S2vn , Diesel Aquila Confort Fashion Sneakers Shoes Green Blue Womens Sz 11 US 42 EUNAYA TOBACCO SUEDE POINTED TOE WEDGE ANKLE DRESS BOOTIE by Charles DavidArche 'Lilli' Flat- Gold- Size 7 US/ 38 (B40)Alegria Joleen - Black - WomensBIRKI'S STORYTELLING RIBBON BURGANDY BIRKO-FELT U.S. 5N (5800) , NIB ANTHROPOLOGIE DEANDRA BLACK FLATS by KELSI DAGGER BROOKLYN 6.5JACK ROGERS Summer Sexy Ladies White Shoes Flats Thongs SZ 8 M Woman FashionCOSTUME NATIONAL 1115904 SCARPA Ivory Leather Designer Flats Comfort 10.0 M , Versace 19.69 Italia Women's Flat Sandals White , NIB Tory Burch Caroline Woven Ballet Flats Shoes Oatmeal White 11 MTODS LADIES HIGH HEEL SHOES TAUPE SUEDE SIZE 38 BOXED WITH INSERTS AS NEWASCENT SIZE UK8 POPULAR NURSES SHOE , Brooks Levitate Road Running Shoe - Women's Size 8B - Black/SilverWomens Skechers On The Go Joy Suede Winter Faux Fur Walking Ankle Boots , 14937 Black Skechers shoes Go Walk 4 Women Soft Casual Slip On Comfort Loafer , Women's NAOT MATAI BLACK Flats , Women's Prada Leather Moccasin Flats Flats , Women's BURBERRY FLATS SIZE 39.5 Flats , Women Winter Fleece Fur Trim Mid Calf Boot Pull On Slip Resistant Heel Flat ShoeSkechers Ghenter - Niota Sr Black Blk Womens Slip-On Size 6MNew Balance Women's Zante V4 Fresh Foam Running Shoe Light Pink 7 B US
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Genuine Leather Women Poker Creeper High Wedge High Leather 11850 Square toe Oxford Platform Shoes b3ff4aa Flats
224780
2347953
2526726
4277621
7065277
7166429
8955267
11883859
18343655
Powered by WordPress.com VIP.