The Buzz
All markets and investing news all the time

Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556




Item specifics

Condition: New without box :
A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or may be missing original packaging materials (such as the original box or bag). The original tags may not be attached. For example, new shoes (with absolutely no signs of wear) that are no longer in their original box fall into this category. See all condition definitions- opens in a new window or tab
Seller Notes: Purchase With Confidence
Modified Item: No Color: Black / Pink
US Shoe Size (Women's): 10 Brand: Under Armour
UPC: Does not apply

Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556
Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556 - 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%.

Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556 - hollisbaker.com
About This Author
Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556 - 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
 
Ecco Sense Elastic Toggle Athletic Shoes - Women's Size US:9-9.5 / EU:40, SilverPUMA WOMEN'S MUNSTER ATHLETIC FASHION SNEAKERS 354459 03 CABARET SIZE 8, 8.5 NEWNew Balance Womens - Pink Running Shoes Size 9.5 (C,D,W) (423674)Nike Womens - Yellow Running Shoes Size 10 (359934) , New Converse Chuck Taylor All Star Hi Shoes for Women Style 553448c Gemma , Women Hip Hop Sneakers Casual Patent Leather Breath Dance Sports Shoes Flat HeelNew Balance 896 Athletic Sneakers, Women's - Size 9 D, White , Nike Zoom Condition TR Training Shoes-Women's sz 11 Greymadden girl Kudos Zip Fashion Sneakers, Black/Star , Vans Authentic Lo Pro Pink Winsome Orchid Casual Sneakers XRNIMB New , Brooks Launch 4 Running Shoes-Women's size 7B Blue , Saucony Grid Aura TR5 Running Hiking Walking Sneakers Women's U.S. 7 NIBSize 10 NWT Women's New Balance Light Blue Grey 515 Sneakers ShoesConverse All Star Hi Tops Shoes- Size 10.5 , Brooks Ariel Women's Running Shoes - Gray/Blue - Sz 10 Extra Wide 2ENew!! Women's Skechers Full Grain Leather VASO-CORDON Sneaker SN48867 Black Z8Brooks PureGrit 5 Running Shoes, Women's Size 5, Aqua/Berry , Asics Gel-Equation 8 Women Sneakers Size 5.5 New , Merrell Womens Trail Glove 4 Baltic Trail / Hiking Shoes Size 5.5 (358172) , Fila Memory XRidge Sneakers Women's SZ 8.0 M, Grey/Pink/Blue PRE OWNED ONCE 8660EUC Mizuno Wave Kazan Purple Running Shoes Sz 7 , Rocket Dog Duet Women's Causal Slip on Fashion Plimsolls BlackFashion Girls White Fur Slip on Round Toe Flats Comfort Youth Daily Casual SizeNew Balance Minimus Women's Running Shoes - Blue - Sz 8Vince Camuto Bretta Slip On Sneakers - Women's Size 11 M, White/BlackWomens Canvas High Top Sneakers Hip Hop Dance Ankle Boots Flats Casual Shoes F34 , Womens Shoes Glitter Hidden Wedge Heel Fashion Sneakers Platform Ankle Boots New , Diadora KURUKA 2 HIP - Black - WomensNEW VANS PALISADES VULC SHOE PALE PINK/PINEAPPLE WOMEN'S 10 ,
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 Forever Women's Buckle Strap Block Heel Ankle Booties Tan 8.5 , IMPO BLACK FAUX SUEDE/RED FLORAL APPLIQUE ASYMMETRICAL ANKLE BOOTS 1 Wear Size 8 , Clarks womens black leather ankle boots size 7.5Blondo Women's Wedged Boots 10M US , Black 1.5" Block Heel Military Combat Riding Sexy Ankle Boots Size 7.5 , Rogue Knee Boots, Black, Size Zipper, Leather, Women's US Size 6 , FUR TALL WINTER BOOT WOMEN SCARLETT-22-05 J’S AWAKE BLACK , NEW NIB Lauren Conrad Over-The-Knee Boots Taupe / Gray Chives Faux Seude$85 NWT Women's Dana Buchman Quilted Ankle Booties GrayNEW NATURAL COMFORT LAURIE WOMENS COMFORT LEATHER KNEE HIGH BOOTS , New INC International Concepts Model Black Boots 5.5 MediumLUST3000/R Women's Sexy Single Sole 3 3/4" Heel Red Thigh High Costume BootsNINE WEST Black Leather Western Boots Women's Size 10 MFlamingo 1018 UV Neon Pink Ankle Boot 8" Platform Heel Open Toe Size 9 , KENZO black dermis women tiger head The fisherman Casual shoes , BIRKENSTOCK CAMDEN PEBBLE BLACK WOMEN'S US 6N (2500) , Ladies Fly London Seti Warm Wedge Zip Classic Shoes Biker Lined Boots All Sizes , naturalizer Stella Pointed Ballet Flats, Soft MarbleBOBS from Skechers 34461 Womens Plush Lite-Bobbles and Bits- Choose SZ/Color.MIU MIU women shoes Antiqued pink napa ballerina flat with bow and crystals , PW Minor Pleasure Strap II Taupe - Women's Casual Therapeutic Shoe - All Colors , AQUAZZURA BELGRAVIA PON PON ESPADRILLAS FLAT INK BRAND NEW-WOMEN 38EUR/8US , Munro Women's Gray Jerrie Flat 1867 Size 7.5WW , Nike Roshe Rosherun Armory Blue Camo Navy Slate Womens 599432 400 Size 7.5PUMA Womens - Pink Running Shoes Size 6.5 (364614)Womens Mens Running Shoes Design Outdoor Sport Couple Breathable Air Comfortable , ASICS Womens Gel - Foundation 13 Blue Running Shoes Size 8 (414339) , New Balance 577 Womens Walking Shoes Black Leather US 8.5D WIDEUnder Armour Kick Sprint SPIKES Woman Field Cleats (1297114-448) size 11Handmade white leather platform keds with black ties // Handmade by MDNT45 ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Under Armour BRAND UA Ignite FREE VIII Black/ Pink US localjoes-27687 Size 10 - FREE SHIPPING BRAND NEW f3b2556 Athletic Shoes
1631871
1670827
1681868
2935030
3003343
6179720
7269011
12859350
16047953
Powered by WordPress.com VIP.