The Buzz
All markets and investing news all the time

Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea




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: Ralph Lauren
Heel Height: Low (3/4 in. to 1 1/2 in.) Style: Fashion
Material: Leather Width: Medium (B, M)

Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea
Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea - 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%.

Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea - hollisbaker.com
About This Author
Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea - 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
 
NEW Womens MINNETONKA Ann Angled Fringe Ankle Boots Black Suede Mocassins Shoes , Calvin Klein Donilly Black Womens Shoes Size 6 M Boots MSRP $179Women's Shoes Steve Madden MILAAN-Fashion Ankle Bootie Black Suede Size 7.5MNEW Balance Training Entrainment Women Sz 8/ GrayGuess Womens Mallay Back Zip High Pull On Buckle Strap Slouch Heels Boots ShoesStyle & Co. Womens Sophiie Brown Knee-High Boots Shoes 5 Medium (B,M) BHFO 8151MINNETONKA MOCCASINS GENUINE LEATHER Indian GRANNY ANKLE BOOTS WOMENS Size 6.5x Grey Floral Embroidered Booties Ankle Shoes Suede Low Heels Boots Women FlowerMerrell Thinsulate Polartec Womens Size 8.5M Waterproof , Report New Gwynethh Black Womens Shoes Size 5.5 M Boots MSRP $99Gianni Bini Manny Mid Calf Boot Heels Zip Womens Black Leather Pull On Size 7.5MZigi Soho Womens Dark Brown/Black Octavia Boots Shoe Size 7.5 , Calvin Klein Ivah Rubber Boot CK Fabric Shaft Womens 9 M Black Rain Cold Weather , CORSO COMO PERFETTO WOMENS Tan Suede LEATHER ANKLE BOOTS 10 NEWMax Studio Womens Boots Brown Suede Mid Calf Sherpa Lining Steampunk Victorian 7 , Nine West Nicolah Brown Womens Shoes Size 8.5 M Boots MSRP $179 , LFL Lust 4 Life Eccentrik Women's Pointy Toe Dress Boots size 8 reg 120.00Anne Klein Elek Black Womens Shoes Size 8 M Boots MSRP $130 , BOEMOS Leather Brown Ankle Boots Shoes Women's Size 40 / 9.5 Made IN ITALYBCBGENERATION SIRLO Women NWOB Mid-Calf Boots Size 7.5B Black Leather , BP Womens Brown Leather Knee Boots 10 MRALPH LAUREN Sade Black Suede Booties Short Boots Shoes 8.5B $119 , Anne Klein Elek Black Womens Shoes Size 9 M Boots MSRP $130El Alamo Black Leather Inlay Flames Cowboy Western Boots Womens size 9 SpainSIGERSON MORRISON brown BOOTS 7 1/2 Flat leather Tall made in ItalyEarth Shoe Black Faux leather Fur Snow Boots Womens Sz 11 B comfort outdoors , Dolce Vita Vergo Gray Womens Shoes Size 7.5 M Boots MSRP $240ENZO ANGIOLINI EAZAYRA BROWN PEBBLED LEATHER SIDE ZIP & BUCKLE RIDING BOOTS 8MAQUATHERM New Women's Size 11 Water-Resistant 3M-Thinsulate Winter Boots NWOB
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 b.o.c. by born brown leather slip on ankle boots size 6 1/2 37Gentle Souls Gabriel Ankle Booties Wedge Heel Size 7 , New Womens Roxy Willow Chukkas Shoes Style 457u69 Tan 418EF dr , NEW! Mossimo Autumn Printed Velvet Green Camo Combat Boots - Various Sizes!Womens Ladies Low Heel Wedge Fleece Stretch Knee Boots Comfort Warm Winter Size , Minnetonka Womens Brown Suede Leather Ankle Hi-Fringe Tramper Boots US Size 7 , 3.1 Phillip Lim Alexa Women's Brown Tan Suede Fringe Ankle Boots Size 5 $695 , Nine West Jaen Over-the-Knee Fashion Boots 919, Black Suede, 7.5 US , Brinley Co Women's Olive-Wc Riding Boot, Black, Size 9.0 , I16-BR WOMEN'S SHOES 38 BROWNS BOOTS BLACK 100% LEATHER MADE IN ITALY , Pleaser Womens Gogo-300X/B Boot- Pick SZ/Color. , Pleaser 6" Heel Platform Matte Black Gladiator Strappy Knee Boots Club Glam 5-11Enzo Angiolini Women's "Y-Aschley" Black Mesh Sheer Beaded Ankle Boots Sz 6.5M , Adrienne Vittadini Womens Sella Leather Pointed Toe Ankle Black Size 11.0 R2beGanter of Germany, US 8.5 Womens, ( 6 UK) Comfy, Brown, SOFT leather W-11 , Tory Burch Reva Ballerina Flat Black Size 7 , J CREW Ballet Flats Shiny Shimmering Pink Gold Loafers Shoes Womens Size 9 �b3Dark Brown COOL-AIR MEPHISTO Oxfords crocodile Patent Leather Shock Absorber 9Worn 1X Women Light Blue JILL SANDER Canvas Leather Loafers 39.5 US ItalyCalvin Klein 34E4702-KWG Womens Cory Oxford- Choose SZ/Color. , MERRELL Outdoor Hiking, Running, Walking, Leather Shoes Women's Size 6NEW ALEGRIA $120 'Keli' Multi-Colored Leather Geometric Clog Women 37 7-7.5 MRockport Cobb Hill Collection Adrina_ Brick Multi Womens Back-Zip Closure 7M , vintage LA gear street hiking sneaker boots womens size 6.5 deadstock NWOB 1991Dr. Scholl's Women's Repeat Fashion Sneaker - Choose SZ/ColorCrocs Women's Cleo V Slide Sandal Candy Pink/Party Pink Comfort Shoes , SPORT BY SKECHERS COMFORT'D SHOES / BLUE SLIP-ON MEMORY FOAM SNEAKERS WOMENS NWTAutumn Mori Girl Heel Shoe Soft Bread Ethnic Style Short Boots Women's Shoe , Skechers for Work Women's Conroe Abbenes Slip Resistant Shoe - Choose SZ/Color , $300 PHILIPP PLEIN Sport ROBINSON Black Sneakers
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Ralph Womens Strap Lauren High Womens Marion Wide Calf Strap Buckle Zipper Pull On Knee High Boots 10ea4ea Boots
2827081
4298627
6812161
8059832
8154330
8988322
10719098
14226491
17848994
Powered by WordPress.com VIP.