The Buzz
All markets and investing news all the time

**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317

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: Shoes are pre-owned and show normal wear along the inner and outer soles including dirt and staining. Shoes are otherwise in good condition, please see pictures.
Style: Ankle Boots Width: Medium (B, M)
US Shoe Size (Women's): 8.5 Heel Height: Med (1 3/4 in. to 2 3/4 in.)
Color: Brown Heel Type: block
Brand: Easy Spirit Fastening: Zip
UPC: 837303541714

**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317
**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317 -

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%.

**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317 -
About This Author
**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317 -
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
Bandolino Women’s Cambria Gray Suede/Leather Side Zip Ankle Boots Heels Sz 9 M , Guatemalan Handcrafted Shoes Colorful Wedge Heels Huipil US Size 6.5 SH3 , �RAMPAGE Women’s Ram-Ticker Riding Boots Sz 10 M Super Nice NWOT , Aldo Women's Beige Suede Slouch Mid Calf Boots Size 10.5 / 41 Euro , Women's Bass Ingrid Size 8.5M Mid Calf Boots Black Leather Zip Up Stretch N14 , WOMENS MISS CAPEZIO COWBOY LEATHER BROWN BOOTS SIZE 5 M , Rampage Emerynn Tall Boot - Women's Size 8M, Black MSRP $80 , Talbots Womens Shoes Beige Leather Ankle Boots Size 7 B Zip Up Nude BootiesGianni Bini Black Leather Tall Boots 7 Buckle & Zip , Seychelles Size 7 Camel Heeled Boot With NowWILD DIVA women booties platform light brown stacked heel fashion pull on Sz. 10Material Girl Capri Modiana Black Knee High Riding Womens Boots Size 6 , **MIA Londyn Booties, Women's Size 8, Tan , CLARKS Bendables Women's Gray Leather Slip On Heel Ankle Booties Size 9.5 M , Lower East Side Women's Chukka Suede Red Ankle Shoes 80's Vintage Style Size 9 , MERONA Nalan Women's Black Riding Boots Size 6 6.5 7 7.5 8 8.5APT 9 'Makea' Chunky Heel Ankle Boots~Black~Size 9 MNature Breeze Women's Vickie Over The Knee Faux Suede Boots AB4 Black Size 8 , Canelo Mexico 9.5 US 26.5 cm Handcrafted Quill OSTRICH Leather WESTERN Boot Shoe , Sam & Libby Perry Women Size 6 Brown Cognac Riding Boots Zipper TallAR35 Dawnn Cowgirl Western Boots, Natural, 6.5 USRialto Women's Crystal Wide Calf Block Heel Dress Boots TW4 Brown Size 6.5Justfab Women's Jordanna Slouchy Boot w/ Cone Heel TW4 Black Size 8 , Bandolino Women's BD7 CAY Black Knee High Fashion Riding Boot Leather SZ 8.5 M , Cape Robbin Gray Short Fashion Boots Women's Size 9**Easy Street Booties-Women's size 10 M Brown , 8 M | Bay Area Traders Women Navy Blue Leather Rubber Waterproof Duck Boot ShoeGuess Women Boots Size 8.5 M Brown Genuine Leather Knee Length Heel , VINTAGE TONY LAMA GORGEOUS BOOTS / SIZE 7 ,
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 Women Glaze Boots size 6.5 color Brown New In The Box , tamika-32 Fashion Ankle Buckle Party Prom Casual Winter Women Boots Brow 8.5- , Woman leather winter boots black size 8 good condition , DUNHILL Womens Black Ankle Rubber Boots US Sz 11 Made in Japan VintageWomen Buckle Ladies Faux Warm Boots Ankle Boots Middle Heels Martin ShoesWanted Sweater Knit chunky heel Pima Tall High Riding Warm Wmn 6 Boots Shoes , Steve Madden Sienah Womens Black Suede Pointed Toe Heel Mid-Calf Boots US 8.5 M , 1857 NEW Rag & Bone Agnes Gray Suede Block-Heel Boots Women's Sz 38.5 M , Pazitos Mini Chelsie Boots Women's Pink - size 37 , Womens Silver 3" Wedge Heel Round Toe Ankle Boots Front Strap Size 5.5 , J crew womens tall leather boots Sz 8 , Steven Steve Madden Black Textured Leather Cowboy Ankle Boot Size 7.5M - WESTTEDL'Artiste by Spring Step Womens Leather Boots Lalina Black 37 US 7 , Dark Brown Gold Spike Flat Comfortable Winter Mid-Calf Boot Fur Size 7.5 , Fergalicious Bandana Ankle Bootie - Women's Size 7.5M BrownSoda Red Reno Western Cowboy Pointed Toe Knee High Pull On Boots REd Vegan , 78% OFF NEW ROCKPORT Jalicia Buckle Tall Boot Cigar size 10.5 retail $250 , Lucky Brand Womens Beechmer Closed Toe Ballet Flats Picante Size 7.0Footprints Brown Leather Shoes Womens Size 9 / 41SANUK HORIZON BLACK/ WHITE KNIT CANVAS/ FAUX FUR BOOTS, SIZE US 8/ ~NIB , VINCE NIB Novato Woodsmoke Taupe Suede Leather Chukka Desert Boots Sneakers 9 , Tory Burch Elizabeth Pointy Toe Leather Flats, Women's - Size 7 M, Black/White , Fendi NIB Black Suede Laser Cut Pointed Beveled Heel "Marguerite" Flats SZ 40 , Mizuno Wave Lightning RX2 Vollyball Shoes Women's size W7 Black/SilverJOURNAL STANDARD relume Shoes 857935 Brown 23cmWmn Nike Presto Fly Women's Running Shoes Igloo/Clear Jade-Black Mint 910569-300 , Women's shoes Dr. Martens US6 women Boots , Women's cince camuto booties sz 9.5 Boots , Womens Size 8 Miss Me Brown Western Cowboy Boots , Sexy Women's Pointy Toe Fur Trim Zipper Stiletto Ankle Boots Date Wedding Shoes ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
**Easy Spirit Ankle Quality Spirit Ankle Boots, Brown Women's Size 8.5 M, Brown fa68317 Boots
Powered by VIP.