The Buzz
All markets and investing news all the time

New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398




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: TOP MODA
Heel Type: Block Heel Style: Knee High Boots
Heel Height: Med (1 3/4 in. to 2 3/4 in.) US Shoe Size (Women's): 5.5-10
Material: Synthetic (Man Made) Width: Medium (B, M)
Occasion: Casual Color: Multi-Color
Fastening: Zip

New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398
New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398 - 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%.

New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398 - hollisbaker.com
About This Author
New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398 - 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
 
Sudini Quartz Calf Chocolate Brown Size 6M Leather Heel Booties Women bed , US4.5-13 Rhinestones Block Heels Slouch Knee High Boots Pull on Womens Shoes New , HARLEY DAVIDSON BLACK LEATHER SUEDE STACKED HEEL WOMEN'S BOOTS SHOES 8.5 GUC , White Mountain Womens Topaz Leather Closed Toe Ankle Cold Weather BootsIsaac Mizrahi Scooter Suede Leather Mid-Calf Strap Detail Boots Wmn 8.5 M Brown~Womens Ladies Black Chelsea Block Heel Casual Smart Winter Ankle Boots ShoesEarth Kelso Maize Bordeux Slip On Heel Bootie Loafer US 7.5 B Leather Block 1"Women High Heel Booties Winter Lady Shoes Lady Ankle Boot Botas Shoe , beautiful MATISSE brown pebble leather slouch sexy buckle boots 6.5SW Stuart Weitzman Brown Suede Leather Mid Calf Platform Heeled Boots 6.5 MNew* Womens Style & co. Madixe Casual Riding Boots Cognac Size 11 M , Womens Ladies Mid Block Heel Lycra Stretch Over The knee Thigh High Boots ShoesMIA AMORE ADYSON BROWN MID CALF WEDGE HEEL BOOTS - NWOB- PRETTY NEW BOOTS! , Kenneth Cole New York Women's Levon Chelsea Ankle Booties Cappuccino 6M - NEWLadies Women Thigh High Over The Knee Peep Toe Stretch Knit Block Heel Boots 3-8Style & Co Black Boots Women 6.5 Suede Knee High Heel ZipCalvin Klein Casely Platform Sandals Women Silver Strap Buckles Size 8 US$ 260 " FERGIE " HOLLY BURGUNDY SUEDE PUMPS , WORN ONE TIME SZ. 39 , Bar Iii Jillian Womens Leather Fashion Ankle Bootie Boots Brown Size 6.5Womens Faux Leather Knee High Riding Boots w/ Ankle and Collar Strap Black TaupeTamaris Womens worthmann Leather Almond Toe Ankle Fashion Boots, Black, Size 8.5 , Spot On Ladies F4367 Black Knee High Stretch Boots UK4 X 8 (R6A)New ethnic style increased fashion tassel scrub casual flat women's booties , ARIAT Women's Shorty Ankle Boots Brown Leather Heel Button Pull On 96320 Size 9Isaac Mizrahi Live Kayln Suede Leather Wedge Ankle Boots Womens 8 M Light Brown~Women Winter Fleece Lined Warm Ankle Snow Boots Flat Denim Zipper Casual Shoes , amazing WHITE MOUNTAIN glistening black vegan moto biker side zip boots 8 NEW!Women's Platform Wedge Fringe tassel Knee High Boots Boho Retro England ShoesCalvin Klein Bethany Kid Suede Fashion Ankle Boots Size 6 MSRP $159 E4 37 Bl ,
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 CODE WEST BLACK TOOLED LEATHER COWBOY BOOTS Size 6M * Made in USAWomen's Brown Leather Dr. Scholl's Flame Ankle Boots Side Zip Size 6 M US 37 EU , New Rubber Rain Garden Boots Shoes Black Polka Dots 8 9 , Aldo Brown Leather Boots Size 40 Womens 9 HeelCole Haan Women's Gray Leather Adler Boots Shoe Size 7.5 B NEW! , KEEN WOMENS BETTY BLACK 5278 QUILTED WINTER ZIPPER BOOTS U.S. 10 KEENDRYWomens BEARPAW Knit Tall Cozy Boots Gray II [658W] , Naturalizer Womens Quimby Leather Closed Toe Ankle Fashion, Black, Size 7.0 yD0wMix No 6 Womens Vincee Almond Toe Ankle Fashion Boots Taupe Size 8.5 OKgT , Vasque Coldspark Women's Magnet/Provincial Blue Ultradry Boots 7W , Lucky Brand Basel Brown Womens Shoes Size 8 M Boots MSRP $129IVANKA TRUMP SHARON Women Ankle Bootie (9 M, MED BEIGE) , Tahari New Evalyn Brown Womens Shoes Size 6.5 M Sandals MSRP $99 , Jeffrey Campbell Egan WOMENS Black Calf Leather Oxford/Boot EU37/6.5M MSRP$190 , Robert Clergerie Nalo Platform Loafer Shoe, sz 8 BDrew Alicia - Brown Nappa/brown Kid Suede Womens Dress Brown - 11 W , CANDELA Snakeskin leather Ballet Flat Shoes Size 9 M TEAL BLUE LEATHER SOLEClaudia Ciuti oxford shoes, Sz 10 M. Made in Italy , Women’s Salvatore Ferragamo Oxfords Leather Black Size 10.5 BDr. Scholl's Shoes Women's Elegant Slip-on Loafer - Choose SZ/ColorSKECHERS Relaxed Fit Air Cooled Women's Plum Suede/Leather Flat Shoes Size 6.5NEW MADEWELL CALEB PATENT LEATHER OXFORDS DRIFTWOOD Size 7 BRAZIL Retail $238Nike Free RN Black/Lava Glow-Off White 831509-008 Women's , Womens Adidas Pureboost X TR 3.0Women Sneaker Sandals Platform Pumps Hidden Wedge Heels Loafer Court Shoes SizeBRIGHTON Womens Patent Leather Quick Black Croc Microfiber Casual Dress Size 7Jasmin 7.5 Black Zipper Mid-calf Boot Women's , Dolce Vita Women's Kenzie Taupe Suede Ankle Boot US 10Fashion Womens Round Toe Retro Ankle Boots Pull On Low Block Heels Shoes Plus SZ , Spring Step Professionals Belo Slip-On Shoes - Women's Size 9.5 Blue
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
New Thigh Classic Women Over Block The Knee Thigh High Faux Suede Block Chunky Mid Heel Classic Boot 43e7398 Boots
4628183
5555203
5610761
6445486
9205808
12543523
12565717
15026182
15775052
Powered by WordPress.com VIP.