The Buzz
All markets and investing news all the time

Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up "MOREMI" c386eb2




Item specifics

Condition: Pre-owned :
An item that has been used or worn previously. See the seller’s listing for full details and description of any imperfections.See all condition definitions- opens in a new window or tab
Seller Notes: Great pre-owned condition. Check out the photos please.
Style: Ankle Boots Fastening: Zip
Boot Shaft Height: Ankle Features: Buckle, Zip
Heel Height: Med (1 3/4 in. to 2 3/4 in.) Color: Black
US Shoe Size (Women's): 8.5 Occasion: FUN
Material: Leather Brand: Liz Claiborne
Width: Medium (B, M) Toe Type: Square Toe
Pattern: Solid Heel Type: Block
UPC: Does not apply

Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up "MOREMI" c386eb2 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up "MOREMI" c386eb2
Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up

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%.

Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up "MOREMI" c386eb2

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up
About This Author
Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up
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
 
BareTraps Yalina Flat Riding Boots 754, Brush Brown, 6 USThe Orginal Duck Boot Arianna Flannel Lined Boots 836, Tan/Brown, 7 USSC35 Venesa Riding Boots 965, Black, 6.5 US , Mossimo Supply Co Tan Work Style Boots Womens 10 NWT , Franco Sarto Women's Leather Fur Lined A Spike Booties Boots Heels Shoes 10M 1014th & Union Black Rubber Rainboots Size 1114th & Union Black Rubber Rainboots Size 7VTG WOMENS STEVE MADDEN SQUARE TOE COWBOY LEATHER BLACK BOOTS SIZE 38Call It Spring Metaponto Ankle Boots 024, Bone, 6 US / 36 EU , DOLCE VITA Women Block Heel Ankle Boots Size 9 Black Leather Zip Up , XOXO Mauricia Tall Riding Boots 201, Black, 6.5 US , Black Leather Knee High Boots Size 8.5 Connie Strive Side Zip 3" Heel , bar III Dove Block Heel Casual Ankle Booties, Banana Bread, 7.5 US UsedCroft & Barrow Boots Knee Black Womens Block Heel Side Zip New US 7.5MKaren Scott ~ Knee High Boots Womens Shoes ~ Black with Chunky Heel ~7.5M , New! Womens Skechers Wool lined winter boots size 8 Tan/Brown 102T mCarlos by Carlos Santana Harper Short Western Boots 214, Chateau Grey, 10 US /Bare Traps Laurel, Taupe, Size 7 M Women's Suede Faux Fur Zip Side Ankle BootsDirty Laundry by Chinese Women's Rise N Shine Ankle Boots 7M USAlex Marie Suede Ankle Boots Booties 7 1/2 Rounded Toe Shoes , Style & Co. Harper Buckle Ankle Booties 233, Black, 8 US , Women's Black Suede man made Sweater Knit Pull-Up Tall Boot Shoe Size 10W , Calvin Klein Womens Booties 7M Ankle Boots Brown Suede 3.5" Heels Ruched Tie , Carlos by Carlos Santana Hawkins Strappy Booties 507, Grey, 8 US / 38 EUMG35 Persia Fringe Ankle Boots 800, Cognac, 7 US , NEW WOMENS ASHRO ULTRAVIOLET AND BLACK MYSTERIE FAUX FUR BOOTIES BOOTS SIZE 8.5MMadden Girl Dally Black Womens Shoes Size 5.5 M Boots MSRP $5914th & Union Highland Black Gloss Tall Rubber Rain Boots Womens Size 11 , Carlos by Carlos Santana Rumer Over the Knee Slouch Boots 314, Darkstone, 10 US ,
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 Women’s Sperry Top Sider Low Top Zip Front Suede & Nylon Duck Boots Size 10MJose Saenz For Neo Silver Wedge Sandal Shoe Size 10BCB GIRLS Brown Suede Leather Ankle Boots Size - 7 , Cole Haan Womens Ankle Boots Leather 10B SB2 , Women's Knee High Distressed Faux Leather Black Buckle Riding BootsB.O.C Womens Mays Round Toe Knee High Fashion Boots, Coffee, Size 6.0 ugnA , Call It Spring Womens Lovelarwen Closed Toe Ankle Black Nubuck Size 7.0 bFQ5White Mountain Women's Battery Motorcycle Boot, Black, Size 8.0 7ELs , Ed Hardy Bootstrap Suede Fur Mid Calf BOOTS Womens 7 Grey NEW IN BOXBorn Western Style Pull on Lined Short Leather Boot size 7-1/2 Brown , Leopard Mesh Rhinestone Embellished Stiletto Booties , Steve Madden Regennt Brown Leather Strap Ankle Boots Womens Size 8 M , Womens Barbour Ashley Boot Winter Tartan Slipper Faux Fur Ankle Boot US 4.5-9.5Original SAS MZ Too Mocha 1580-015 W Wide Leather WomenCOLE HAAN alisa oxford II US 7Me Too Janell14 - Navy Suede Elasticized Low Wedge Ballet 8 B(M) US , SAS Weave Chestnut moccasin women's comfort shoes made in USA New in BoxNIB Tory Burch Caroline Woven Ballet Flats Shoes Oatmeal White 10 M , $695 Authentic New Saint Laurent YSL Black Glitter Leather Loafers 8.5 , Skechers Womens 11809 Shape Ups Rocker Toning Athletic Walking Sneakers US 7.5Tony Little Womens Cheeks Fit Body Ankle Sneaker Boot - Black Size 9M NWBBNWT!! Brash By Payless ‘Evonne’ Slip On Sneaker Grey Size 6.5 , Ryka Women's Prodigy 2 Stretch Running Shoe - Choose SZ/ColorU.S. Polo Assn. Women's Yvonne Boot Oatmeal 8 M US , ASICS Jolt - Black - Womens , Reebok Royal Classic Kewtee LS womens Ladies Suede Leather Retro Trainers Grey , Women's New Amazonas women suede boots BootsWomen's Vince Ankle Boots Size 39 Boots , Sporto US 7 Womens Black Winter Boots , Brooks Ghost 8 Womens Running Shoes (B) (580) + Free Aus Delivery
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Liz Claiborne Black Ankle Ankle Boots Square Boots Toe Toe Gold Buckle Detail Zip Up "MOREMI" c386eb2 Boots
3024106
5200354
8841525
9196586
12355187
15258481
15612523
15740523
18128985
Powered by WordPress.com VIP.