The Buzz
All markets and investing news all the time

BNWT ZARA BNWT (8) LEATHER" FLAT BLK "IT'S LEATHER" ANKLE BOOTS 10403 wZIP PULLER DTLS Sz 8 39 4f6b18c




Item specifics

Condition: New without box :
A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or may be missing original packaging materials (such as the original box or bag). The original tags may not be attached. For example, new shoes (with absolutely no signs of wear) that are no longer in their original box fall into this category. See all condition definitions- opens in a new window or tab
Seller Notes: BEAUTIFUL BRAND NEW
Style: Ankle Boots Pattern: solid
Color: Black US Shoe Size (Women's): 8
Material: Leather Fastening: zip
Heel Type: Slim Heel Height: Flat (0 to 1/2 in.)
Brand: Zara Occasion: ANYIME IS THE RIGHTTIME
UPC: Does not apply

BNWT ZARA BNWT (8) LEATHER" FLAT BLK "IT'S LEATHER" ANKLE BOOTS 10403 wZIP PULLER DTLS Sz 8 39 4f6b18c - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
BNWT ZARA BNWT (8) LEATHER" FLAT BLK "IT'S LEATHER" ANKLE BOOTS 10403 wZIP PULLER DTLS Sz 8 39 4f6b18c
BNWT ZARA BNWT (8) LEATHER

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%.

BNWT ZARA BNWT (8) LEATHER" FLAT BLK "IT'S LEATHER" ANKLE BOOTS 10403 wZIP PULLER DTLS Sz 8 39 4f6b18c

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
BNWT ZARA BNWT (8) LEATHER
About This Author
BNWT ZARA BNWT (8) LEATHER
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
 
Luichiny Orange Vegan Leather Crunch Time Ankle Booties Womens Size US 11M NIBNEW Women's Gianni Bini Crosbie Moto Boots Black Leather Size 6.5 MotorcyclesNEW BORN TALL BLACK SUEDE LEATHER BOOTS SIZE 35.5 5M US , Vince Camuto Brown Leather Tall Riding Boots Women's 9 M , Steve Madden Harber Taupe Suede Leather Slip On Ankle Boots NewJustin Bent Rail Western Boots Puma Tan Cowboy Women’s Size 8 BRL103 Made in USA , Alegria Womens Hayden Ankle Boot Beauty Blur Sz 40/ 9.5 -10 US , Womans Ariat western boots style size US 8.5B cowboy black red yellowMerrell 'Snowbound Mid' Waterproof Faux Fur Lined Boot in Charcoal Women's 7.5B.O.C. by Born Z20657 Delavigne Coffee Ankle Boots with Strap and Buckle Accent , Splendid Liv Black Leather Ankle Boots Size 7.5M $188 , VTG WOMENS FREEBIRD BY STEVE CASUAL LEATHER BRICK RED BOOTS SIZE 9 , BEARPAW RAINA Sheepskin Knitted Wool Winter Boots Womens Hickory 9 NEW IN BOXJustin Boots Women's Leather Kipskin Pull On Round Toe Cowboy Boots Red , KEEN Revel ll insulated leather winter hiking boots - womens 10New SAM EDELMAN 6.5 Petty Boots Ankle Booties Silver Metallic Crackled Gray NWOBBaffin Warm Winter Brown Snow Boots Leather W/ Faux Fur Trim Women's Size 11 , KEEN Women's Gypsum Mid Hiking Boots, Black Olive/Chocolate Brown, 9 M USSpring Step Vanish Black Winter Snow Boots Womens Size / US 7.5-8Jeffrey Campbell Hunt The Plains Black Boots Size 9Dolce Vita Dee Black Patent Pointed Toe Pull On Kitten Heel Bootie 7.5M NWOB , Propet Dayna Boots - Women's Size 9W, Navy Blue/Multi ~New~ , New Ecco Womens Hobart Side Zip Knee High Boot Black Leather Size 39 , Mia Jeri Distressed Cuff Boots, Women's - Size 11 M, Taupe , Dr. Scholl's Brilliance Riding Boots, Whiskey , Maison Margiela 41 EU Open Toe Booties , Vince Camuto “Parle”Over The Knee Boots Size 5.5 , Dolce Vita Zabi Taupe Nubuck Pull On Stacked Heel Ankle Boot NWOB 8MJEFFREY CAMPBELL Olive Green Khaki Combat Boots 8 m Lk Nw!!
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 Lands' End Womens Black Suede Ankle Boots Size 6 BMassini Black Zipper Ankle Boot Sz 7 , jellypop size 7.5 NEW military moto stylish black mid calf boots heels platform , JustFab Women's Tan Ankle Slip on Booties Shoes Size 10 NEWNINE WEST VINTAGE AMERICA COLLECTION Shearling Boot High Heel Womens 5-35 NEWJ. RENEE' BOOT SLIDE ON'S SIZE 7 VERY CUTE! , Donald J Pliner Black Pointed Toe Knee High Heel Fashion Boots Womens Size 7.5 MVasque Women's Monolith Neutral Gray/Silver Pine Mid WP Hiking Boots 9MWomens Esprit Faux Fur Booties Size 9 New!ZARA NEW AW17 LEATHER HIGH HEEL BOOTS WITH GATHERED DETAIL BLACK REF. 5008/2015" Black Latex Platform Fetish Thigh High Mens Drag Queen Crossdresser BootsCarlos by Carlos Santana Tempe Fringe Block-Heel Boots, Black, 10 US / 40 EUBoutique 9 Marl 3 Strap Flat Brown Boots - Size 7.5Womens Barbour Wilton Rain Festival Snow Winter Wellington Rubber Boots US 5-11Me Too Womens Darcey Leather Riding Buckle Boot Shoe, Black Calf, US 7 , New Carhartt Romeo Size 7.5 M CWS4177 Embossed 4" Women’s Work Boot RETAIL $109 , BIRKENSTOCK Boston Fur Mocha BROWN MSRP $170 SUEDE Narrow US 6 , Cole Haan Women's Jenni Ballet II Blazer Blue 5 B USNIB JUICY COUTURE BROWN SATIN PARADISE BALLET STONES BOW FLATS 6.5 ITALYDonald J Pliner Honey Square Toe Loafers, Black, 8.5 US , Nanette Lepore Ariel Pointed Toe Flats, Black, 7 USMarc by Marc Jacobs Reese Ankle Strap Flats PALE GOLD NIB size 35.5-39.5 $298ryka salene women's shoes conform, running shoes walking , Anne Klein AK Sport Women's Michelle Fabric Loafer Flat, Black, 7 M US , Vinatge Womens real Leather Casual Brogue Wing tip Oxfords Dress Flat Shoes ChicSuede Ballet Flats Light Grey L'Artigiana di Brera Size 37 , J.CREW COLLECTION VIV EMBELLISHED SANDALS SIZE 6,5M BLACK RETAIL $450AP1 Sport Walking Shoe WHITE Leather 8.5 M Womens Shoes , Women's Ryka Andrea - Blue/Lime - Width: med - Cross Training , Skechers Womens Light Pink Fashion Sneaker Size 9 (30740)
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
BNWT ZARA BNWT (8) LEATHER" FLAT BLK "IT'S LEATHER" ANKLE BOOTS 10403 wZIP PULLER DTLS Sz 8 39 4f6b18c Boots
2342051
6480887
7469124
9156943
10483463
12862368
16532145
17627594
18547309
Powered by WordPress.com VIP.