The Buzz
All markets and investing news all the time

Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec

Item specifics

Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
Brand: Brooks
Color: Gray MPN: JG-29130
US Shoe Size (Women's): 8.5 Width: 4E
Style: Running Material: Synthetic
UPC: Does not apply

Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec
Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec -

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%.

Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec -
About This Author
Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec -
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
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
New Vans Sk8 Hi Slim Zip Leather Green Zephyr White Skate Shoe Women Size 10New Balance Womens Ww928wb2 White/Blue Walking Shoes Size 6 (344036)On Cloud Womens Cloudrunner Red Running Shoes Size 7.5 (390921) , Womens Boho Embroidery Floral Platform Sneakers Real Suede hidden Heel Shoes Sz , Women's Skechers Sport Empress Resurge Fashion Sneaker 23112/BLK Black Brand New , Brooks Womens Brooks Adrenaline Gts 18 Navy/Teal/Mint Running Shoes Size 8.5Asics Gel-Raiden Blue/Pink Running Shoe Women's US 7 (S,8)New Balance Womens - Green Tennis Shoes Size 7.5 (357048)Vibram FiveFingers SmartWool Womens Size 37 Classic Running Toe Shoes Beige TanVans SK8 Hi Slim Zip Iridescent Eyelets Canvas Leather Blue Black Shoe Women 5Skechers Performance Womens Go Step Lite-Fuzzies Loafer Flat- Select SZ/Color.Tretorn Nylite 16 Plus Sneakers-Women's size 5 BlackSkechers Women's BOBS Sport Squad Glam League Sneaker , Adidas Adituff PYV 702001 Tennis Shoes Women’s Size 8Brooks Womens 120246-451 Navy/Pink/Teal Green Walking Shoes Size 8.5 (30134) , Nice! Merrell Women Azura Castle Rock/Purple Leather Mesh Trail Hiking Size 7 , Brooks Pure Flow 5 Women's Running Shoes 1202071B488. Size US 6.5.Womens Shoes Shiny Glitter Fashion Sneakers Super High Heel Platform Ankle Boots , On Cloud Womens Cloudflyer Purple Running Shoes Size 8.5 (369064) , Coleman Women's Vail Hiker , Propet Women's Journey Leather , New Adidas Stan Smith BB0109 Sneakers Womens Hi Top White Leather Shoes Sz7 , Vans Authentic Lo Pro ( Leopard) Herringbone, Black/Brown- Women's Size 5 , New Womens Fila Gray Memory Pilota Slip On Athletic Shoes Size US 8 - 53 , New Balance Women's WSD400P3 Track Shoes Size US 7 B/ New , Nike Women 7 Black Court Borough Mid Basketball Athletic Tennis Shoe , Brooks Pure Cadence 2 Running Crosstraining Shoes Purple Teal WOMENS SIZE 8.5 , Women's Platform Hidden Heels Shoes Sneakers High Top Colorful Sequins CanvasNIKE LUNARGLIDE 8 RUNNING SHOES / MULTI COLOR ( SIZE 9.5 ) WOMEN’S ,
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 ANNE KLEIN Womens NILISE Taupe Suede Knee High Boots US 9.5M (60278925-KK18) , Minnetonka Moccasins Boots Size 8.5 Fringe Brown Zip Up Leather FlatsARIZONA JEAN CO - BOOTS - "SLOAN" - COGNAC - SIZE 6.5M , AR35 Fionn Combat Boots 400, Black, 7.5 USZigisoho, Expresso, 940600, Winter Snow Boots - Black/Black, US Size 9M , NEW Women's Zipper Studded Spike Platform Wedge Bootie Shoes Black Tan Red 5 -10 , Born Womens Eukelade Leather Closed Toe Ankle Fashion Boots, Black, Size 8.0 3w3Black 3.5" Block High Heel Stretch Over Knee Sexy Boots Size 6 , Circus by Sam Edelman Womens prairie Fabric Closed Toe Knee, Black, Size 8.0 , N.Y.L.A. Women's Olygtory Boot Black Size 6.0Square Toe Flock Cross Tied Motorcycle Female Knee High Winter High Heels Boots , PRADA Black Sateen Bow Trimmed In Silver & Gold Slipper Flats Sz 37.5/US 7.5bx33071 Cl Factory black woman's derby shoesTod's Brown Patent Leather Suede Pointy Pumps Flats Italy 9Nine West Women's Wildgirls Synthetic Loafer FlatNIB Tory Burch Minnie Floral Travel Logo Ballerina Flats Shoes PANSY 9.5 M , Arcopedico Women's Shawna Flats Shoes Indigo 39 M EU , Saint Laurent Men Brown Flats Size 10.5 , Tory Burch Melinda Women's Navy Leather Classic Flats Sz 11 2817Munro Women's Lilac Jerrie Flat 5498 Size 7N , New Balance Womens Ww577wt White Walking Shoes Size 9.5 (367992)NEW WOMEN US 5 - TEVA TIERRA FLOAT NOVA SANDAL - BLUE AND GRAY , Women's Pointed Toe Flat Solid Black Strap Hollow Out Fashion Casual Shoes N652 , JOAN BOYCE BLACK BEADED FLAT COMFORT SHOES SIZE 8 W - NEWBrunello Cucinelli Ivory Suede Monili Ballerina Flats Size IT39/US9~Retail $995 , Women Real Leather Breath Color Match Mesh Creeper Sports Trainers Sneaker ShoesSkechers Women's Go Run 600-15076 Sneaker , Women's Nine West Women's Haywood Boots , White Mountain Boots Womens 6M Gray Genuine Suede Leather Knee High Heel Shoes , PUMA Leadcat Fenty FU Slide Women's Burnt Olive/Black 36708901
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Brooks Womens Running Shoes Size (4E) Size 8.5 (4E) Womens (29130) 004ebec Athletic Shoes
Powered by VIP.