The Buzz
All markets and investing news all the time

Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696

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: Good Condition
Style: Tall Boots Heel Type: Block
Brand: Mia Pattern: Wet look, Shiny
US Shoe Size (Women's): 8 Heel Height: Med (1 3/4 in. to 2 3/4 in.)
Color: Black Occasion: Casual
Material: Leather Fastening: Zip
Width: Medium (B, M) UPC: 439032507858

Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696
Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696 -

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%.

Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696 -
About This Author
Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696 -
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
Women's Primigi Black Suede Knee High Boots Size 39 M , NEW WOMENS RESTRICTED BLACK AVERY BOOTS SHOES SIZE 8.5M 8.5 M , Kenneth Cole Reaction Suede Leather Brown Biker Zip Boots Women's 7.5 M Moto , Woman's Sugar Dark Brown Nuback Boot-NEW NO BOX-Size 6.5MNEW Woman Cherokee Brown Boot size 5 , Dolce Vita (DV) Women's 9.5M Black Suede Bootie Ankle BootsWomen's Shoes Pull On Booties Stacked Heel Suede Ankle Height Comfort Shoes 5-10 , NINE WEST Boots Women's Size 8 High-Calf Tall Zip Black #B1652Kenneth Cole Reaction "Max It Up" Brown Leather Kitten heel Pumps with Bow Sz 7M , Enzo Angiolini Tan / Brown Suede Ankle Boots Women’s Size 8BP Splash Black Rubber Knee High Rain Boots Women's Shoes Size 7 MWomen Wedge Booties Oxford High Heels Ankle Boots Shoes Platform Black Taupe , Report Russi Black Womens Shoes Size 8 M Boots MSRP $69eurostep Hunter 8.5M Women's New Slingback Brown Leather Block Heel Open ToeBareTraps Womens Size 7.5 Zip Brown Booties Boots , Women's Circa Joan & David Hadliew Black Leather Knee High Boots Size 6 M , ZiGi Soho New Spraypaint Black Womens Shoes Size 8 M Boots MSRP $69Bare Trap Suede/Leather Winter Boots Casual Mid Calf Boots 6 , West Blvd Shoes Seattle Mid Calf Rain Boot OLIVE COLOR SIZE 7.5 , Women's Sam Edelman Tinsley Black Rubber Waterproof Ankle Boots Size 8 M , Style&co. Women's Pointed Toe Stiletto Heel Side Zip Mid Calf Boot Brown Sz 8 , Women's Aerosoles Allowence Black Wedge Heel Ankle Boots Size 10 M , Bass (Grace 4403-200) Brown Suede Zip Up Ankle Boots Women's US Size 9.5M , Karen Scott Harloww Black Womens Shoes Size 8.5 W Boots MSRP $79 , ZiGi Soho Spraypaint Brown Womens Shoes Size 9 M Boots MSRP $69Women's Naughty Monkey Arizona Black Suede Slingback Heeled Booties Size 10 MWhite Mountain Neponset Brown Womens Shoes Size 8.5 M Boots MSRP $69 , Gelati Grey Suede Round Toe Ankle Boots Size 9.5 , Report Women's Syreeta Faux Fur Tall Boots in Black Women's 9/9.5 extra narrow
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 Report Womens Shoe Moriah Tassled Ankle Boot Booties Tan Faux Suede Sz 8 NIBCarlos by Carlos Santana Graham Ankle Booties 096, Black, 6.5 US / 36.5 EU , Mango-51 Mid Calf Synthetic Zipper Low Heel Women's Casual Boots Black 6.5-Coconuts brown leather ankle buckle zip knee high riding boots. 7Sporto Charles Angled Calf Waterproof Winter Boots, Black, 9.5 US Display , WOMENS JUSTIN L4903 BLK LEATHER LONDON CALF COWBOY WESTERN BOOTS SZ 5.5~1/2 CY womens ladies fashion rain boots slouch boots shoes khaki or purple size 4.5-8XOXO Baker Knee-High Boots 345, Olive, 10 US / 42 EUPropet Ridge Walker Waterproof Hiking Boots, Women's Size 8-2E, Grey/Purple , Style & Co. Vedaa Women's Boots Black/Barrel Size 6.5 MZARA Shimmering Black Ankle Boot Sz 38 or 7.5Lucky Brand Basel Blue Womens Shoes Size 11 M Boots MSRP $129DAN POST dark green and black lizard embroidred leather cowboy cowgirl boots 6.5 , Justin Leather Snake Skin Cowboy Boots Womens Size 7.5 B Style J6126 USAQupid Women's Val-54 Boot, Taupe, Size 6.0 , White Mountain Womens CAYDEN Almond Toe Ankle Fashion, Black/SMOOTH, Size 8.0 zP , Party Women Elastic High Heels Stilettos Over The Knee Thigh High Boots ShoesG by GUESS Graze 2 Boots - Women's Size 7.5 M, TaupeIsaac Mizrahi Tinker Black Leather Buckle Ankle Boot NEWAriat O-1 All Around Brown Leather Cowboy Boots Womens Size 8 , OluKai Nohea Nubuck Dark Java Women's Casual Loafers 20174-4834Dansko Black Leather Professional BOX Comfort Clogs Women's Size 7.5 M , Sun Z Womens Espadrille CARMEV BLACK METAL , Vasque Womens Hiking Shoes Size 9.5 Brown Blue Outdoor Hiking Mid-6211 , NEW Valentino Garavani Rockstud Metallic Bronze Ballerina Flats Sz.36 Rtls $995 , FILA 2018 DISRUPTOR II WHITE PINK FS1HTZ3074X UNISEX SHOES US SZ 4-8New Balance WX822SH2 Women Running Shoes Blue SZ 9.5 , Women's Champion Women's Speed Jogger Athletic Shoes , Women's Bernie Mev Womens Michelle 2 FlatsWomens Metal Stiletto High Heels Sexy Rivets Ankle Boots Nighclub Shoes Pointed
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Women's Mia Noralee 27249 Black 8 Leather Tall Boots Tall Size 8 M 9555696 Boots
Powered by VIP.