The Buzz
All markets and investing news all the time

DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7




Item specifics

Condition:
New without box: A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or ... Read moreabout the condition
Boot Shaft Height: Ankle
Heel Type: Block Brand: Dolce Vita
Occasion: Casual Toe Type: Almond Toe
Width: Medium (B, M) US Shoe Size (Women's): 10
Color: Taupe Heel Height: High (3 in. and Up)
Features: Zip, Cut Out Detailing, Block Heel Style: Booties

DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7
DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7 - 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%.

DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7 - hollisbaker.com
About This Author
DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7 - 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 Size 5 Steve Madden Brown Leather Harness Boots , Women Winter Boots Snow Ostrich fur Eskimo Hair Fluffy Boots Sexy Furry black 38 , Women Super High Heel Stiletto Over Knee Boots Platform Patent Leather US 7Sexy Women Suede Black Ankle Boots Platform Clubparty High Heel Stilettos boots , Womens Sexy Suede Platform Slim Shoes Mid Calf Boots Round Toe Black Zipper SideFranco Sarto Cyan Brown Buckle Booties EUC Size 11Boutique 9 Ranford Taupe Leather Round Toe Buckles Detail Low Heel BootsNINE WEST WOMENS BLACK LEATHER WEDGE ANKLE BOOTS SIZE 10M C131 , XOXO Knee high tie-up combat boots SIZE 8ZARA Trafaluc Women's Tassel Leather Beige Ankle Booties Boots Size 39 US Size 8Frye American Classics Leather Pull On Boots Size 7D Style 3RO3966 USAWomen's Black Leather Clarks Bendables Ankle Boots size US 7.5 , MERRELL SNOW QUEEN women's black winter boots SIZE 6.5 WATERPROOF! , Winter Women's Warm Fur Lining Ankle Boots Thick Cotton Shoes Outdoor Chic US 8Bussola Biella Womens Tall Leather Brown Knee Boots Size 39 , MATISSE Womens Johnson Black Patent Calf Boots Buckle Heel Size 9M , Womens ANNE KLEIN Brown Leather Mid Calf Boots Size 9.5 M , Kenneth Cole Reaction Women's Brown Leather Boots Size 9.5M , CHARLES DAVID ROBERTA Dark Brown Leather Knee High Boots Womens Size 6.5 BColin Stuart Tan Suede boots size 10 Slouch GorgeousJUSTIN COWBOY WESTERN BEIGE AND BROWN BOOTS WOMENS SIZE 6CBareTraps Tansy Ankle Boots Side Zipper PICK SIZE COLOR NEWBeautiful Michael Antonio Tall Knee High Heel Hidden Platform Taupe Boots Sz 9Rieker Womens 41 / 9.5 Brown Suede Leather Lined Side Zip Boots b2e , Women Winter New Thicken Faux Fur Boots High Heel Suede Side Zip Platform Lit01 , Bottega Veneta Shoes Rain Boots Leopard Brown Rubber rainboots EUCLife Stride Studio Kelsey Women's Black Leather Mid-Calf Boots sz 10M Zip UpCLARKS Women's Leather Side-Zip Ankle Booties Black Size 9M , Nwob platform mid ankle high boots sz 8 lined within & edge green color ,
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 SC35 Wessley Semi-Quilted Short Booties 693, Black, 9.5 US , Chic Sequins Flat Shoes High Top Boots Anti-slip Sneakers for Women Girls GirlsLucky Brand Womens Kaarina Brown Suede Booties Shoes 7.5 Medium (B,M) BHFO 4605 , Bass Women's 7 1/2 M Leather Burgundy Ankle Boot Side Zipper 2 1/2" heel , WOMENS BAY STUDIO ANKLE HIGH BROWN BOOTS SIZE 8 M , Women's FRANCO FORTINI Knee High Boots Shoes slim Heel Leather Brown Sz 6 M , Payton Womens Shoes Zip Up Fold Over Low Heel Knee High Boots Casual Ladies SizeWomens 7 B M Blondo Canada Malak Brown Sheepskin Shearling Fur Boots Back Zipper , Nautica Lovise Patent Rubber Tall Shafted Navy/Red & Black/Navy Rain Boots Mult. , 9 & Co Granny Grunge Beige Boots Size 6.5 M Women'sIvanka Trump New Larell Brown Womens Shoes Size 6.5 M Boots MSRP $179Women’s Asolo “AFX535” Hiking Boots 7 M Brown Leather , Clarks Women's Nevella Devon Dark Taupe Boot 9.5M New , Vince Camuto Size 6 Dark Silver Leather Loafers New Womens ShoesLiliana tiger print boot size 7.5Franco Sarto Womens Kelton Leather Almond Toe Ankle Fashion, Black, Size 6.0 y94 , Two Pairs Bally Red and Black Flats Women’s Shoes Size 10Flat Nine West Owl Red Suede , Versace 19.69 Abbigliamento Sportivo Srl Milano Italia Women's Ballerinas BEIGE , Nine West Women's Allen Patent Pointed Toe FlatAdidas Performance Pure Boost X TR Womens Size 8 Shoes Navy Aqua , New Balance WW877SB Women's Walking Shoe SZ 7.5 , Katy Perry Women's The Lady Ballet Flat Pump Navy 7.5 M US 38 EU Pearls , Nike Air Max 2017 Women's Running Shoes Platinum/Phantom (849560-005) Size 7.5 , Nike Air Max Thea Mid Black/Black-Metallic Pewter 859550-002 Women's , Puma Ignite EvoKnit Sneakers Women's White / Grey Sneakers Shoes Size 6 US 36 EUWomen's Vintage Puma White, Red Sneakers Size 8 A7-10NIKE AIR Max Women's 2011 [511417-016] Multi Color Athletic Sneakers Shoe Size 7 , Under Armour Womens Verge Low Top Trail Hiking Shoe Black White Size 10 M US , Women's Black Michael Antonio Booties Boots ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
DV DV Dolce Vita Womens Ettie Vita Block Heeled Ettie Fashion Bootie Taupe Size 10 4ca0cf7 Boots
1647708
3450479
5168628
5807496
7822588
13817862
14234636
14815575
18542143
Powered by WordPress.com VIP.