The Buzz
All markets and investing news all the time

Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861




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: Saucony
MPN: Does Not Apply US Shoe Size (Women's): US 7.5
Color: Multi-Color UPC: Does not apply

Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861
Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861 - 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%.

Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861 - hollisbaker.com
About This Author
Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861 - 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
 
Saks Fifth Avenue Venus Low Top SneakerNike Air 2003 Womens Size 9 Running Shoes Sneakers 306310 161Womens Girls Sweet Candy Ladies Running Platform Casual Sport Boot Shoes SneakerWomen's Shoes Glitter Hidden Wedge Heel Casual Sneakers Platform Ankle Boots , Merrell Women's Around Town City Moc Canvas Sneaker , Skechers Women Burst-Midnight Garden 12733/WBPR Sneaker , NEW BALANCE Womens WW577VW White Leather Casual Walking Shoes Sz 8.5 W F6-705Merrell Womens Vibram Sole Sandals Sz 6.5 Waterpro Mary Jane Strap Shoes , Skechers Blue WomensSize 8.5 Shape Ups Everyday Comfort Fashion Sneaker02-1634 Women's Brooks Pureflow 7 Running Shoe, Size 12 BSkechers Sport D'Lites Women's Slip-On Mule Clogs Memory Foam Sneakers 9 Colors , Caterpillar Womens Array Purple Work Shoes Sneakers 5 Wide (C,D,W) BHFO 8684Brooks Ariel 14 Women's Running Shoes Smoked Pearl/Hollyhock/Violet Size 9.5 US , Vans Ward Womens Size 9 Sepia Rose Low Top Fashion Sneakers Shoes F6-125Asics Womens 9M Gel Kayano 22 Running Shoes Blue Silver FluidRide Gel $159Saucony Womens Carrera XC Flat Flex Film ISOFit Running Shoes Sneakers BHFO 0937 , Skechers Women's Performance Go Step Deck Boat Shoes Black 14414/BLKWomens Camouflage Flat High Top Sneakers Sports Skateboard Casual Shoes New 4368 , Women's Nike Free Flyknit 4.0 training running shoes size 6 black , GELERT Women’s Ottawa Low Hiking Shoes - Women's size 7.5 BRAND NEWNew Balance WW840v2 Walking Shoes - Women's Size 7(2E), GreyNWOB Women's Track Spike Nike Zoom Rival w/tool S 8 806558-615 sz 7.5Women's Sports Mesh Casual Shoes Outdoor Running Sneakers Training Breathable , Skechers Fitness Shape Ups Pink Gray Women 11806 Size 7.5Nike special field air force 1 bone 6.5W , Merrell Siren Ginger Brindle Women's Size 7 Brown Mary Jane Shoes J85144 w/ Box , Women's Nike Shox remix 3 III training running shoes size 8 , Women FILA Smokes Screen 2 Hi-Top Sneakers Size 8,5 NIB , Skechers D'Lites Athletic Shoes - Women's Size 5.5 - White/Silver ,
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 Nine West brown suede platform bootie Size 9 , NAUGHTY MONKEY Brown Suede Like Knee High Wedge Heel Zip Boots Size 10 , XOXO Karol Women's Boots Blueish Grey Size 7.5Women's Size 7 Boots Black High Heelby Bamboo Buckles & Studded EmbellishmentsG By Guess Azzie Women Shoes Short Winter Boot Gold Sz 6.5M , NEW WOMENS GIRLS LADIES FASHION BLACK FLAT LOW HEEL ANKLE BOOTS PULL ON SIZE 505Bella Vita Romy II Black Knee High Boots Women's Shoes Size 6.5 W NEW , Dr. Martens 1460 8-Eye Boot - Women's Size 9M Black , Joules Molly Welly Mid Height Rain Boots Pink Posy US Size 5DBDK FASHION NEW Brown Faux Leather/Faux Fur Lined Zipper Riding Boots sz 7 , Womens Harley Davidson black UNISEX Motorcycle boots Maddy size 10 D84189 EUC!!! , Current Retail $149 VINCE Camuto Kensa Peep Toe Bootie black SZ 11 , Dingo DI790 Size 10B Womens Roni Leather Cowgirl Western Buffalo Boots GRAY NEW!crocs Womens Citilane Roka Graphic Slipon W Flat- Pick SZ/Color. , Zodiac Pisces Womens Boots | Star Sign Hand-crafted Ladies Shoes , EMILIO BERTOLINI RITZ Green Micro Stretch with Leather Trim High Heel Boot Sz 7B , Dr Martens England Black Grain Leather Wingtip Casual Shoes Women's / US 6Sperry Top-Sider Women's Authentic Original 2-Eye Boat Shoe , NEW GEOX Respira Women Navy Breathable Italian Patent Leather LoafersCLARKS Women's Fianna Carlie Flat Brown Leather 7.5 M USSam Edelman Women's Becka Quilted Leather Flats Modern Ivory Black 2988 Sz 9 M , Salvatore Ferragamo Wingtip Golf Shoe Women 7 Black Leather Sole Made in ItalyRockport Total Motion Driver Moc Womens casin Black (B)- Choose SZ/Color. , AGL ATTILIO GIUSTI LEOMBRUNI Size 7.5 Ivory Black Cap Toe Ballet Flats Shoes 38 , Klogs Womens Fairfax BlackAugust Fashion Shoes Size 8.5 (356274) , Rag & Bone Kent Denim Slip-On Sneaker, Women's - Size 10, IndigoBrooks Glycerin 15 Sneaker - Women's Size 5.5 M, Navy/Purple , Women's Yellow Booties Size 8 BootsLifeStride 9.5M BLACK w/ Soft System Tall Calf Boots - Winner Pre-ownedNIKE Romaleos 3 Weightlifting Shoes Black White Women's Size 4.5
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Saucony Trainer Women's Women's Brand Shoes Size 7.5 Brand New New 01d5861 Athletic Shoes
1992823
2572644
3071126
7998837
12696585
13291090
13746846
14606111
16417689
Powered by WordPress.com VIP.