The Buzz
All markets and investing news all the time

Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316




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: Bare Traps
Heel Height: Low (3/4 in. to 1 1/2 in.) Style: Riding, Equestrian
Material: Synthetic Width: Medium (B, M)
Pattern: Solid Color: Grey
Occasion: Casual Heel Type: Block
US Shoe Size (Women's): 8 UPC: 825443925259

Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316
Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316 - 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%.

Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316 - hollisbaker.com
About This Author
Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316 - 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
 
Size 8.5 TWO LIPS Womens Boot Shoe! (Choose Color) Reg$170 Sale$59.99 LastPairs! , GUESS Womens Mayeta Almond Toe Ankle Fashion Boots Light Natural Size 8.5 , VS SUEDE ANKLE BLACK BOOTS, ELEGANT LOOK, MADE IN ITALYUnlisted Women's Beyond It All, Black, Boot 6 M US , G by Guess Womens Bell Cap Toe Ankle Combat Boots Medium Natural Size 8.0 , Born Women's Crown Wylla Brown Tan Burnish Riding Boot 8M , Jessica Simpson Womens Pacifika Pointed Toe Mid-Calf Black LXPTSC Size 9.5 x9SCape Robbin Women Peep Toe Lucite Chunky Heel Ankle Bootie White Size 6 , Ladies Spot On Zip Up Rouched Western Style Mid Calf Boots with 3" Heel F50176 , DV byDOLCE VITA $329 GAGE BLACK Leather Western Riding Knee High BOOTS 6.5 M NWTKAREN SCOTT LENA BLACK WOMEN'S BOOTS SHOES 5DOLCE by Mojo Moxy Womens Nora Round Toe Ankle Fashion Boots Black Size 7.0LUCIANO BARACHINI - BOTTINES TALONS TOUT CUIR VELOURS NOIR 37ITL 38FR EXCEL ETATUnisa Womens Eiilena Fabric Closed Toe Ankle Fashion Boots Black Size 7.5Merrell Glacier Shell Women's Black Hiking Boot 9M , Vasque Women's Talus Bungee Cord/Purple Waterproof Hiking Boots 11MNew EMU Australia Spindle Lo Genuine Sheep Fur Boots women's size 5 , Bella Vita Women's Telluride Ii Slouch Boot Brown Size 12.0Bottines STRENESSE - GABRIELE STREHLE cuir brun taille 39,5 , Style & Co. Womens Ciley Suede Closed Toe Ankle Fashion Chestnut Size 7.0 , L.L. BEAN MADE IN USA DISTRESSED WINTER DUCK HUNTING MAINE RAIN BOOTS SIZE 9 B , G by Guess Womens Taylin 2 Closed Toe Ankle Fashion Boots Red Size 10.0Louise Et Cie Zalia Women's Cognac Boot 6.5MQupid Women's Val-54 Boot Taupe Size 6.0SAN MARINA - BOTTES TALONS 6 CM POINTUES TOUT CUIR NOIR 35 - NEUFTREMP - BOTTES TALONS 8 CM TOUT CUIR MARRON NUANCé 38ITL 39FR - TRES BON ETATJack Rogers Marianne Women's Oak Boot 9Mborn Womens Michel Almond Toe Ankle Fashion Boots Black Size 6.0 Mx2rKlub Nico Women's Zally Brandy Boot 8M ,
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 Brahma Women's Caraway Steel Toe 6" Work Boot Beige Size 11 , SC35 Tiny2 Cold Weather Comfort Boots Chestnut|Size 6 |Pre-Owned|USA SELLER , Rocket Dog Women's Giddyup Oiled Suede Clogs Size US 10Women Rain Mid Calf Boots Fur Lining Shoes Waterprove Spring Casual Shoes HotNot Rated Women's Bearwood Ankle Bootie, Tan, 6.5 M US , LifeStride Women's Puddle Rain Boot Black Size 6.0 , Easy Street Cheyenne Women's Black Slouch Boot 6W , Chinese Laundry Womens Unbelievable Almond Toe Over Knee, Black, Size 10.0 Phee , vtg TALIA patent leather rhinestone buckle ankle steampunk womens sz 37 ( 7 ?) , WOMENS BLACK KNEE HIGH BOOTS SIZE 7 M BY "NATURAL SOUL" RV $109.99, 1/2 PRICE FSSC35 Astarie Buckle Knee High Boots 422, Black, 7.5 US , Justin Womens L4606 Black Calfy Western Dress Boots 9.5B New In BoxVince 7.5 Black Slip On Flat , NIB Earth Artemis 601757 Coral Perforated Leather Slip On Size 8.5Womens MUNRO 212948 brown leather wedge oxfords sz. 8 W (WIDE) NEW! , NEW VIONIC Splendid Midi Loafer Womens 8.5 M Natural Snake Gray Black Shoes $130 , Sesto Meucci Cammie Mules Woven Leather Black Stained Calf US Size 6.5 M $240Merrell Orange Slip On Sneaker 10 , 02-2227 New Balance Women's Trail Shoes Navy with Blue - WT910GX4 SZ 9Brooks Ghost 9 Women's Size 10 Running Shoe Blue Gray GreenSupreme Illest Nike Dunk Low Premium Women's Size 7 Green Fashion Sneaker ShoesWomens Lightweight Mesh Walking Pump Comfy Padded Shoes Flat Trainers , NIKE AIR ALATE Women's Silver Purple Running Fitness Shoes (Size 10) SneakersPrada Sport Black Leather Round Toe Loafers Size 37 7New Dr Comfort Patty Diabetic Therapeutic Extra Depth Oxfords Casual Shoes 11 XWAdidas Pure Boost X Womens AQ3399 Running Shoes. Size 9 , Women Sexy Fashion Pointed Toe Flat Heel Strappy Causal Comfy Sandal Slipper NewKEEN WOMEN'S TENNIS SHOES SIZE US 9.5 , Women's Sam Edelman Women's Parsimon Mule Flats , Rocky 4eursole Blue Pink Ivory Strap Heel Slip On Work Nurses Shoes Sz 40 US 9.5
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Bare Traps Womens ysidora Womens Closed 8.0 Toe Ankle Fashion Toe Boots Gunmetal Size 8.0 11ff316 Boots
434627
2879059
3640683
5201080
7686610
9763520
12657164
16936036
18634280
Powered by WordPress.com VIP.