The Buzz
All markets and investing news all the time

Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148

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: Stuart Weitzman
Material: Leather Style: Biker Boots
Pattern: Solid MPN: Does Not Apply
Occasion: Casual Color: Black
US Shoe Size (Women's): 7.5 Heel Type: Block
Closure: Zipper Closure Heel Height: Low (3/4 in. to 1 1/2 in.)
Leg Opening: 10" UPC: Does not apply

Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148
Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148 -

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%.

Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148 -
About This Author
Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148 -
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
O32 Tory Burch Sofia Black Leather Block Heel Zip Ankle Boots Women's Sz 6.5 M , Frye Black Leather Boots w/ Harness Sz 7.5NEW Womens Totes Ruby All-Weather Boots Black Waterproof- Choose Size , X20 Rag & Bone Harley Dune Beige Suede Double Push Pin Ankle Boots Women Sz 37 M , Authentic Chloe over the knee boots Boots Suede Ladies[Used]NEW WOMENS BLACK LEATHER STUDDED BUCKLE PEBBLES BOOT by BIJOU SIZE 7.5 M , Zigi Girl Women's Green Chilly Leather Ankle Boot Size 10M/ 28999Sporto® Crystal Water-Resistant Suede Booties Zipper BLACK 7.5M NEW 571-619 , ECCO Black Leather Sculpted Zip Ankle Boots Booties Women's 38 / 7-7.5NEW DR. MARTENS WOMEN'S SHOWER 14-EYE WATERPROOF BOOTS PINK 7 MEDIUM 5 UK $120 , Boots Shoes Breathable Knit Line Mesh Korean High Summer Women Boots Knee High , Sanuk Womens Drop Top Charcoal Grey Fold Over Ankle Boots US 5 NEW!Short Black Bearpaw Casual Boots Women's Size 6SEXY Womens COLIN STUART rubber rain boots size US 6 animal print shoes duck shoBareTraps Rosie Boots Black Women's Shoes Size 7 M NEW , H2K Floral Design Womens Rain Rubber Boots Size 11 US EUCChinese Laundry ON YOUR FEET Natural Pink Suede Leather Boots Sz 7M, , JUICY COUTURE Boots Women's Size 10 Fashion PRINT Tall Tan Leather #B1615 , BOGS Boots Women's Size 9 JAMISON Camping Hiking Rain Black #B1653 , Women's Dolce Vita Soft Black Suede Silver Chain Ankle Boots Heels Sz 8.5 M NEWJust Fab-Tall Naila boots brown with fur Plaid Check accent- size 6 COZY & WARM , Not Rated Woman's Heels � Size 7.5 Super Cute Vintage Style 60's Look .A 11LANDS' END Boots Women's Size 9 Hiking Pull On Tan Leather #B2041 , Women's Mia Noralee Black Leather Tall Boots Size 8 M , Zigi Soho Wise Black Leather Ankle Boots Women's Shoes Size 7.5 M NEW , Joan & David Black Suede Ankle Heels Boots Side Zip size 8MNEW WOMENS SEVENTH AVENUE BROWN SADDLE STITCH BOOTS SIZE 7M 7 MChinese Laundry Cognac Tall boots Size 9.5 M , CA Collection by Carrini Women's Leather Combat Boots Cognac Size 6.5 New
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 New Women's Fashion Knee High Riding Boots Tan Winter Snow Shoes Ladies size 8.5Womens Sz 8-1/2M Leather Suede Dark Brown Dress Boots NEW Sonoma , Dr. Martens Heritage Steel Toe Work Oxford Shoe, Black, /US W 5Steve Madden Thunder - C cognac crochet boots Size 8.5Calvin Klein BRIELLA Stretch Knee High Fashion Boots Black Sz 9mDan post Brown White Leather Square Toe Cowboy Boots Size 7.5 M Style DP2875 , Lane Bryant Boots 7 Wide 7W Tall Stretch Kitten Heel Cabernet NIBWomens Over Knee Thigh High Boots Stretchy Faux Suede Block Heels Shoes BlackBORN W2458 F7 Size 7.5/38.5M Brown Leather Side Zip Fashion Boot , Womens Riding Ankle Boots Rivet Pointed Toe Zip Side Heels Shoes Mixed Colors , New Shellys London 'Kmenta' Glitter Boots black boots women's sz 7 , Charles By Charles David Womens Brown Shoes Boot Sz 10MTamaris 1-22458-21 Women Black Suede ShoeLADIES LEATHER COLLECTION BLACK SUEDE LEATHER ANKLE BOOTS F50659New Propet WC220 Women's Black Boots. Size US 9 (40). , Dan Post Brown Leather Snip Toe Cowboy Boots Womens Size 6 M Style DP3464 , Bare Traps Suede Water Repellant ankle Boot w/ fauk fur mushroom 10 New2017 TORY BURCH s7 Black Velvet Logo-Chain Espadrille Flats Slides Slip-On SHOESRoxy ARJS700098 Womens Gabby Slip-on Shoes Oxford- Choose SZ/Color.Munro Brandi Ballet Flats, Taupe Pearlized, 8.5 W US , 54553 auth BOTTEGA VENETA navy blue patent leather Ballet Flats Shoes 39 , NIB NEW Burberry Shipley Women's Scrunch Check Ballerina Flats Dark Tan 36.5 6.5 , Onitsuka Tiger Womens Serrano Fashion Sneaker- Pick SZ/Color. , NIKE AIR MAX 2017 GS WOMEN SIZE 5.5(4Y) NEW Without BOX!!!!Puma Womens 10 M Shoes Soliel Gray Suede Leather Green 351406-05 Running SneakerWomen's Tod's ladies loafer XXW0MA00050RE0M801 Flats , Women's McKlein Women's Granville Flats , Winter Womens Warm Chunky Block Heels Waterproof Over The Knee High Snow Boots , Biala Women's Kelsey Boot US L(8.5) R(9.5) Taupe MISMATCH SIZES NOB , $795 New Salvatore Ferragamo Ladies Shoes Womens Black Sneakers Size 9 US 40 EU ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Stuart Size Weitzman Womens Black Leather Studded Ankle Biker Stuart Womens Boots Size 7.5 Medium f3b3148 Boots
Powered by VIP.