The Buzz
All markets and investing news all the time

Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189




Item specifics

Condition:
Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
Style: Running Shoes
Width: Medium (B, M) US Shoe Size (Women's): US 8.5
Color: Black Heel Height: Low (3/4 in. to 1 1/2 in.)
Brand: nike UPC: Does not apply

Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189
Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189 - 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%.

Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189 - hollisbaker.com
About This Author
Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189 - 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
 
HOT Men Women's ALL STARs Chuck Taylor Ox Low High Top shoes Canvas Sneakers.. , Womens Woven Wedge Heels Sneakers Slip-On Sport Trainers Athletic Walking ShoesWomen's Nike REVOLUTION3 Shoes -StylePink Orange Size 8.5 US Runni , Womens Wedge High Heel Trainers Platform Creepers Pumps Comfort Sneaker Shoes SzNew Women's Wedge Hidden Heel Platform Sneakers Shoes Stylish Fashion sizeNew Balance WW847WT2 Walking/Hiking Shoes Women's Size: 10 D w/inserts , Womens Mesh Breathable Fashion Sneakers Athletic Wedge Heel Sports Shoes Summer , Black Casual Girls Wedge Shoes Slip on Athletic Hidden Heels Platform VogueWomen's Round Toe Platform Slip On Creeper Chunky Heel Athletic Sneakers ShoeWomen's Chunky Running Shoes Athletic Sneakers Comfy Breathable Sports Shoes New , Summer Women's Wedge High Heel Casual Platform Canvas Zipper Sneaker Shoes sizeSkechers Women Slip On-Leather/Textile Upper-Taupe/Silver/Gold-Tennis Shoes-Sz 6 , Fashion women's and Men's Running Breathable Sports Casual Athletic Sneakers NewNEW! Skechers 23322 Womens Microburst Underwraps Black 431J daConverse Women's Size 7 White CT Shoreline Slip Casual Shoes X12-1510WOMEN'S OASICS HYPER-ROCKET GIRL SP5 CLEATS-WHITE/MALIBU BLUE- SIZE 11 , ASICS Womens Gel Contend 3 Gray Running Train Athletic Shoes Size 8.5 W ZT-202 , Nike Relentless 2 Women Gray/Magenta/Blue running athletic Shoes Sz: 7.5Women Slip On Casual Trainers Mesh Running Walking Gym Fitness Beach Shoes PumpsNWD Fila Women's Northampton Trail Hiking Shoes- GREY/BLUE , Stylish Hip-pop Women Canvas Running Slip On Loafers Sports Shoes Leisure ShoesSlip On Womens Casual Rhinestone Wedge Heel Loafers Pumps Fashion Sneakers ChSlip On Womens Casual Rhinestone Wedge Heel Loafers Pumps Sneakers Shoes Zhou8Clarks Active Trigenic Skipp Womens 9.5 / 41 Mesh Slip-On Sneakers Shoes q8nSkechers Shape Ups Black Violet Sneakers Athletic Shoes Women's 6.5 , Fashion Women White Air Sneakers Outdoors Sport Breathable Casual Running Shoes2017 HOT Womens Size Spring Slip On Loafers Shoes Ladies Flat Canvas Casual Shoe , NEW! Roxy Women's Mavericks Shoes Black/White 425Q pzNIKE FREE 5.0 WOMEN'S RUNNING*CROSS TRAINING SHOES SZ 11 IN VERY GOOD CONDITION ,
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 Frye 78323 Cara Short Cognac Brown Leather Pull On Ankle Boot Women's Size 6.5Mossimo Supply Co. Ankle Boots Brown Women’s Size 8 , CLARKS Zip Leather Knee High Boots Brown Women's 7.5 M , NEW Womens Fashion Casual Shoes Faux Fur Flat Boots Zipper Winter Warm Buckles , Womens Pull On Boots Sz 8 Flat ARIZONA Winter Snow Suede Warm Faux Fur LiningEUC Steve Madden Naan Black Suede Studded Ankle Boots Double Buckle Size 10 , Tommy Hilfiger Women's "Patron 2" Chelsea Booties Boots Medium Brown 7.5BCBG Girls Sophie Womens Brown Gold Buckle Heels Bootie Ankle Boots 7 , Vtg Dexter USA Brown Suede Comfort Hiking Nature Friendly Boots Womens Size 9MStuart Weitzman Black Patent Leather Peep Toe Pump Size 9 Shoe , LA CANADIENNE Stefanie Waterproof Black Leather BOOTS Women 9MGuess by Marciano G time women's shoes ankle boots black leather zip size 6.5M , TEVA WILLOW SLIP ON BLACK LEATHER FLATS TENNIS SHOES US 11 NIBYellow Box Shoes Womens Rikiki Flat- Pick SZ/Color. , Kamik SharonLo boots Womens Sz 6 red waterproof rain winter weather NEW , C label BOOTS Cathy STUDDED SHOES SZ 8 NEW , Klogs Tucker - Brown - WomensNIB Charlotte Olympia Kiss Me Darcy Black Leather Ballet Flat Shoe Sz 40 -10Womens VERA WANG burgundy / jeweled suede ballet flats sz. 7.5 M NEW! , Nine West Women's Sigimonda Leather Ballet Flat , Women's AGL Black Leather&Patent Classic Ballerina Flat Size 38.5 ($298 Retail) , Reebok BD2941 Womens Skycush Evolution Lux Fashion Sneaker- Choose SZ/Color.Womens SAUCONY 25119- COHESION 5 Gray yellow Cross Training Sneaker Shoes sz 12Women's Anne Klein Galenka Boots 7.5 BootsWomen's womens boots size 7 Boots , Women's LADIES TRAXXO TAN BOOTS BootsFashion Pu Leather Low Heel Leisure Preppy Roman Women's Ankle Boots Shoes En37 , UNISA Brown Riding Boots Women's Size 7.5 , Cobbie Cuddlers Memo Tech Comfort Pro 8 1/2 W support arch White loafers ladies , Dansko Women's Honor Sneaker - Choose SZ/Color
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Women's Nike 811053-001 Hype DF ll Black Hype Basketball 811053-001 Sneakers Nike Sz 8.5 M 6d6e189 Athletic Shoes
818934
1699961
5863294
6638439
7005863
12940415
13961264
14156279
15431672
Powered by WordPress.com VIP.