The Buzz
All markets and investing news all the time

COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c

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
Style: Mid-Calf Boots
Heel Height: High (3 in. and Up) US Shoe Size (Women's): 6.5
Width: Medium (B, M) Color: Black
Material: Leather Brand: Colin Stuart
Heel Type: Block Fastening: Pull On
UPC: Does not apply

COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c
COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c -

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%.

COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c -
About This Author
COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c -
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
AVA & AIDEN BROWN LEATHER RIDING EQUESTRIAN BOOTS Sz. WOMENS 9.5 M , Sporto Vivian Blue Waterproof Snow Winter Mid-calf Boots 9 NEW , Bottine femme strass talon motard zip Boots botte NOUVEAUTÉ LL- 01 , Trukk Womens Ankle Boots Size 6.5 Black Thermolite Thin Insulation hiking snowIsaac Mizrahi Cognac Brown Leather & Suede Kierra Wedge Ankle Boots 9 W SALEMEENA Women's Brown Leather Zip-up Mid-Rise w/ Heels Wide Toe Boots SZ 8.5M , Bare Traps Deelya Black Suede Fur Hiker Ankle Boots 5.5 New , Nocona 5.5 C Wide Womens Red Leather Fancy Cowboy Western Boots 6720H Barn Dance , b7c Merrell Tundra Boots Womens 7 / 37.5 Dawn White Suede Waterproof Thinsulate , Mas Artisan Women's Abela Ankle Bootie, Black, Size 7.0 , Bear Paw Boots Womens Size 7 US Cranberry Suede Upper Sheepskin Lined Emma , Ladies 9M/39 Lucky Brand Black Knee High 100% Leather Black Boots , White Mountain Women's Teague Cold-Weather Boots Size 8 Black SuedeFranco Sarto Women's Richland Block-Heel Booties Size 7 Taupe LeatherBooRoo Womens Eva Suede Wool Winter Snow Boot Shoe, Chocolate, US 7Clarks Wallabees Women's Beige Suede Chukka Ankle Boots Size 7.5 S471New Women Nature Breeze Awe-01 Leatherette Shearling Buckled Chunky Heel Bootie , Sporto Vivian Champagne Waterproof Snow Winter Mid-calf Boots 9 NEW$110 NEW Carlos by Carlos Santana Alton Ankle Boots Size US 8.5 M$265 NEW Plomo Emilia Leather Fashion Ankle Grey Boots Size 8.0 M , B Makowsky Reva Chic Black Suede & Snakeskin Detail Shootie Pump 8 New Sale , NEW Women's Buckle Platform Stiletto Strappy Ankle Boots Side Zipper Size 7Black 3"Block High Heel Round Toe Sexy Mid-Calf Boots Womens Size 7 , WOMENS VTG SANDERS PANHANDLE SLIM BRN LEATHER COWBOY WESTERN BOOTS SZ 6 B 6BWOMENS JUSTIN L3703 BLACK LEATHER ROPER COWBOY WESTERN PULL ON BOOTS SZ 6B 6 B , NIB-Two Lips Sublime 13 Ladies Open Toe Knee High Boots w/Rhinestones-Size 8 1/2White Mountain Jackie Taupe Suede Studded Ankle Boots 6.5W NewNew Women Wild Diva Blossom-22 Faux Suede Mid Calf Lucite Block Heel Boot , Shellys London Black Patent Leather Platform Oxford Women's Tie Shoes Sz 38 7.5 ,
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 Winter Womens Warm Slip Up Flats Shoes Snow Boots , J.JILL Women’s Size 11M Brown Wedge Mid-Calf Boots Side Zipper Beautiful , Crocs Beige Nadia Boots Women's Girl's Size 6Skechers Performance Womens on-the-Go 400-Blaze Winter Boot- Pick SZ/Color.Bottes SAN MARINA Cuir Marron et Cloutées T36 BEFrye OTK CAMPUS Tall Leather Boots M Sunrise Women Saddle USA , Women's Boots Starr Zipper Buttons Synthetic Leather Red Brown 6 Madeline Stuart , Womens 7 M Born Wingtip Studded Brown Leather Booties Ankle Boots Slip-On ShoesFRANCO SARTO Window Cuoio Leather Rider Western Motorcycle Boots Women's 10 NEWTahari Tabor Pointed-Toe Dress Boots 612, Black, 8 US , NEW ~ STYLE&CO. Cute, Women Western Low Calf Black Boots / Size 5m / Small HeelColumbia Gray Quilted Waterproof Tall Women's Size 8 EUC , Calvin Klein New Cyra Black Womens Shoes Size 5.5 M Boots MSRP $199Size 5/Handmade Calf Leather Havana Jeffrey Campbell Damsel Spiked BootsLucky Ramses Ankle Boot - Women's Size 6.5M, Java Brown , Bar III Naomi Women's Boots BlackTORY BURCH WOMEN REVA ELASTIC HEEL LEATHER BALLET FLATS BLACK SZ 7.5 EUC! $225 , Womens RAG & BONE 226650 silver shimmer leather espadrille sz. 37.5Kenzo Faded Pink & Black Classic Espadrille Shoes Size 8(US) 38(IT) NEW NWB $236 , Women's Athletic Sports Shoes Outdoor Sneakers Casual Breathable Walking Comfy E , Nike Free Run Commuter Running Women's Shoes Size 6.5Vibram Five Fingers 15W4004 KMD Evo Athletic Shoes - Women's Size 7, Light BlueLL Bean Merrell Boots Womens Size 6.5 black hiking shoe (D1)Women's Aetrex Women's Julie Mary Jane Flats , Womens Casual Round Toe Platform Wedge Hollow Breathable Ankle Boot Muffin ShoesVtg Lands Ends Womens Ankle Boots Size 8.5 M Brown Leather Faux Sherpa LiningJustFab Women's "Honna" Ankle Boots , in Cognac- Size 6Franco Sarto Ankle Boots Booties 7 M Faux Suede Brown Buckle Western GabieMBT Kesho Mary Jane Taupe Size 41 New in Box , FILA 2018 Disruptor RAY Series Silver Shoes Sneakers Authentic FREE Shipping
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
COLIN STUART black leather heel 2 buckle harness black buckle high heel midcalf boots 6.5 5851a6c Boots
Powered by VIP.