The Buzz
All markets and investing news all the time

L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7




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: Excellent gently-worn condition.
Fastening: Slip On UK Shoe Size (Women's): 7
Shoe Size: US 9/UK 7/EU 39.5 Features: Slip-On
Style: Booties EUR Shoe Size (Women's): EUR 40
US Shoe Size (Women's): 9 Color: Brown
Heel Height: Flat (0 to 1/2 in.) Occasion: Casual
Material: Leather Brand: L.L. Bean

L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7
L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7 - 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%.

L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7 - hollisbaker.com
About This Author
L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7 - 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
 
BareTraps New Rhapsody Brown Womens Shoes Size 6 M Boots MSRP $85Pink Round Toe Winter Fashion Boots Flat Waterproof Mid-Calf Shoes for Women- 36XOXO Women's Kimberlie Boot, Black Microfiber, 10 M US , Nine West Women's Layitout Suede Boot, Dark Taupe, 7.5 M US , Women Fashion Brown Warm Winter Snow Ankle Boots Waterproof Non-slip Shoes- 10 , Not Rated Women's So Gully Ankle Bootie, Taupe, 10 M US , Opportunity Shoes - Corso Como Women's Pennisula, Silver/Metallic Specchio, 9.5Bella Vita Women's Deryn Boot, Black Suede/Black Gore, 11 N US , Not Rated Women's So Gully Ankle Bootie, Black, 6 M US , Katy Perry Women's The Evelyn Mid Calf Boot, Almond, 5 Medium US , Women's Fringe Ankle High Comfort Flat Mid Calf Eskimo Fur Winter Warm Snow BootOpportunity Shoes - Corso Como Women's Pennisula, Black Brushed Leather, 5.5 M ULifeStride Women's Rockin, Dark Brown Wide Shaft, 5 M USFashion Red Warm Winter Snow Ankle Boots Waterproof Non-slip Shoes for Women- 8Opportunity Shoes - Corso Como Women's Pine Key, Black Brushed Leather, 6 M US , Women Fashion Blue Warm Winter Snow Ankle Boots Waterproof Non-slip Shoes- 8.5 , Opportunity Shoes - Corso Como Women's Pennisula, Black Brushed Leather, 9 M US , NEW Dr. Scholls Ilana Women's Sz 8 M Brown Pull-On Short Riding Boots NEW!Dolce by Mojo Moxy Women's Crossbow Slouch Boot, Black, 7.5 B US , ZiGi Soho Madalyn Women's Boots Black , N.Y.L.A. Women's Olygtory Boot, Black, 6.5 M USOpportunity Shoes - Corso Como Women's Pine Key, Light Pink Nubuck, 11 M US , Naturalizer Women's Tandie Boot, Brown, 6 M USRockport Womens Total Motion 20mm Lazer Cutout Ballet 8(B)- Pick SZ/Color.Women Fashion Black Warm Winter Snow Ankle Boots Waterproof Non-slip Shoes- 8.5 , Call It Spring Women's Laossa Moccasin, Cognac, 7 B USOpportunity Shoes - Corso Como Women's Pennisula, Black Brushed Leather, 6.5 M UWomen Fashion Brown Warm Winter Snow Ankle Boots Waterproof Non-slip Shoes- 4.5 , Naturalizer Women's Tandie Boot, Black, 5 M 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 LADIES SPOT ON BLACK MICROFIBRE KNEE HIGH BOOTS F50203 , Aquatalia By Marvin K Women's Black Suede Takeout Ankle Boots Shoe Size 6.5 NEW!BCBGeneration Joesana Womens Dark Spice Suede Heel Booties size 8 , VAGABOND Shoemakers Sweden Tall Leather Boots 38/7.5 , Cat By Caterpillar Harper Womens Faux Fur Wedge Boots Dark Gull Grey 11 M , Colin Stuart Dark Brown Leather Buckle Mid-Calf Pull-On Shoes Boots Women's 5 MClarks Caddell Hop Wedge Booties 405, Black, 8 US / 39 EUDiba Womens Petal Pointed Toe Ankle Fashion Boots Black Size 8.0 JFu7Used Red Justin USA Made Roper Style Western Cowboy Cowgirl BOOTS SZ 6.5 BRebecca Minkoff Mia Suede Tassel Wedge Booties - Sz 8 , La Sportiva Womens Trango TRK GTX WP Mountaineering Boots Size US 7.5 , Denim & Supply women’s Chandler Ralph Lauren Boots Size 7.5 M black leather starAuth Dolce Gabbana ballets real Patent Leather size 36,5 us 6.5 FlowersSAS Women's Size 11 M "Twin" Style - BLACK - Leather Slip-On Loafer - NEW w/ BOX , FRYE Women's Sz 10 Candice Woven Clogs Dark Brown Buckle Shoes Mules Heels , $690+NEW Christian Dior Black Patent Leather Bow Ballet Flats IT40/US9.5Camper Women's Right Nina K200444 Flat Sandal - Choose SZ/ColorG.H. Bass & Co. Women's Washington Penny Loafer Burgandy 9 W USTory Burch Darien Navy Sea Court Green shoe flat 7 leather jute Espadrille blue , Skechers Women Slip On-Leather/Textile Upper-Taupe/Silver/Gold-Tennis Shoes-Sz 6 , Vogue Lady Multi-color Square Toe Block Heel Cuban Comfort Loafers Oxfords Shoes , Demonia Women's Charade 25 , MARGARET HOWELL idea Shoes 593387 Brown 23.5cm , Brooks Glycerin 14 Running Shoes, Women's Size 8B, Charcoal/BerryPUMA Women's Nocturnal Winterized Pants - Choose SZ/Color , New Balance Womens Running Shoes Size 7 (17855)Women's NIKE BASKET 37,5 Athletic ShoesWomen's NEW MIISTA WOMENS LOAFER Flats , Women's Padders Ladies Casual Shoes 'Flare' FlatsSoftspots Women's Bonnie Lite Taupe Comfort Shoes ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
L.L. Bean~Women's Bootie~Oiled L.L. Brown localjoes-27070 Leather~Size 9~Slip on~Hook/Loop Bean~Women's Fasten~ 64291c7 Boots
6033413
11932159
12988957
13350554
14178960
14450054
17978170
18397737
18906168
Powered by WordPress.com VIP.