The Buzz
All markets and investing news all the time

BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c




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: Customer Return. Slight wear on bottom of both shoes.
Brand: Baretraps Color: grey
Style: Yaegar Heel Height: Flat (0 to 1/2 in.)
Model: Yaegar Material: leather-and-synthetic
MPN: Does Not Apply US Shoe Size (Women's): 8.5
Width: Medium (B, M) Calf Width: Normal
UPC: 630260652284

BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c
BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c - 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%.

BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c - hollisbaker.com
About This Author
BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c - 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
 
Vince Camuto 80's Womens "Shada" Tan Leather Boots 7.5 B Distressed Mid Boot , Womens Sorrel Kaufman Canada Steel Shank Blue & Black Boots Size 11Circus by Sam Edelman Women's Kilbourn Ankle Boots Asphalt Shoe Size 8.5 M , Women's Black Classic Dot Chooka Waterproof Winter Boots Size 8MG by Guess New Fella Brown Womens Shoes Size 6.5 M Boots MSRP $69GORGEOUS LEATHER ZARA BASIC COLLECTION ANKLE BOOT US SIZE 9.5 EURO SIZE 40 , NEW Az Jean CO Brown with Sparkle Heel Booties Size 9M , Nicole Miller navy wedge rain boot SIZE 7 , Justin Cowboy Boots Women's 7 B Brown Leather Embroidered Pointed Toe CowgirlBlondo Womens Black Leather Zip Up Heel Boots Sz 10Chantal Designer Mid-Calf Pull-On Black Glove Leather Boots (Sz 5) Italian Made , Via Spiga Made in Italy Brown Leather Mid Calf Zip Up Boots (Sz 8.5 US)Women's TEVA slip on ankle boots BROWN LEATHER SIZE 10 style 6859Women's 10 Sam Edelman Kemper Brown Suede Fur Wedge Fringe Booties , Women's 7.5m Nwt Beige Zigi Soho Knee Length Boots Suede Designer Winter Fashion , jean michel cazabat Suede boots 37 1/2100% Genuine Leather Women's Ankle Boots Black, BrownWhite Mountain 'Fido ' Women's Boots, Black, Size: 9MKaren Scott Women's Hadley Knee-High Boots Black Size 6.5 MANTHROPOLOGIE Schuler and Sons "SKELLY" Black Leather Ankle Booties Sz 8Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Floral Round Toe 12281 , Pink & Pepper New Keetra Black Womens Shoes Size 9 M Boots MSRP $69 , Paul Green Women's 'Joellen' Ankle Bootie Brown Leather Boot Size 6.5/7 $340 , Clarks Womens Size 7.5M Brown Ankle Bootie Shoes Slip On NewCHOOKA Eastlake Red Black Plaid Waterproof Rain Winter Snow Duck Boots NWT 6 M , American Rag New Abby Brown Womens Shoes Size 6.5 M Boots MSRP $69.99 , Sam Edelman Patton Black Leather Knee High Boots Women's Size 6.5M , New Womens Thigh Knee High Buckle Military Design Boots , Audrey Brooke Windy Black Suede Wedge Ankle Boot Bootie Size 10M ,
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 Nine West Women's Boots.Nine West Acesso Bootie Dark Gray Suede Retail $129Naturalizer Brown Leather Buckle Slip On Square Toe Ankle Boots Size 8 N 735N54ANN TAYLOR LOFT Gray Fabric Like Zip Ankle Boots Size 6 MCHAUSSURE SANDALE CRÖCS ORIGINAL TAILLE 36/37 M4 W6 SHOES/ZAPATO/SCARPA , NEW Burgundy Abound ankle Booties size 10MSeven Dials Dillon Mid-Calf Boots, Black Smooth, 9 US , ELIZABETH AND JAMES Cami Women Ankle Booties Size 7.5B Pewter Gray LeatherSAM & LIBBY 7M Black Suede Ankle Boot Stud Straps Heels Booties Side Zip , Wedge Heeled Knee-high Boots Taupe Winter Essential Street Style Women's Shoes , LAREDO Women's Navy blue riding/roper pull on boots Size 5 1/2 M Made in USA , Totes Womens caroline 2 Fabric Closed Toe Knee High Cold, Black, Size 7.0 hVLJ , Cole Haan "Jodhpur" Suede Boot (Burgundy) Equestrian Riding Pull-on Boots 8.5BVINTAGE BOOTS PRETTY and SHOES Motard Cuir Marron T 40 TBE , Vasque Womens St Elias GTX Brown Leather Athletic Hiking Outdoor Boots Size 11Womens Fur Trim Warm Knee High Boots Platform Faux Suede Winter Shoes Vogue ZipVANS Woman's SIZE 8 SHOES NATIVE AMERICAN LEATHER HIGH TOPS Mens 6.5 RAREJimmy Choo Pointy Toe Leather Boots Sz 37 1/2 ItalyVanessa Bruno Bottes motardes cuir camel boucles 36Gentle Souls by Kenneth Cole Women's Edge Tie Genuine Calf Hair Oxford-Size 5.5M , Tory Burch Minnie Leather Travel Flower Flats Size 13NewMAX MARA Brown Leather Shoes size 40 EU_ 9.5 US _ 7.5 UK , Nine West Womens Wildgirls Suede Closed Toe LoafersNIB Tory Burch Claire Leather Ballerina Flat Spark Gold Size 8, 8.5 $268 , Nike Roshe Rosherun Armory Blue Camo Navy Slate Womens 599432 400 Size 7.5Callisto Women's Barnett Ballet Flat, Black Croc, Size 9.0adidas adidas Fresh Bounce - Purple - WomensWomen's Dessus Black Tassel Boot Boots , Women Low Heels Student Ankle Boots Suede Pull On Pointy Shoes Zsell , BOSTON BABE suede wedge heel ankle boots-size 41(10) NEVER WORN!!!Memorygou Womens Ankle Boots Warm Fur Lining Waterproof Outdoor Slip-on Winter
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
BareTraps localjoes-23737 Yaegar Womens Gray Womens Shoes Size 8.5 8.5 M Boots MSRP $119 74a899c Boots
2865359
5849594
5998536
6676019
6850037
9697517
13709808
15735156
18029831
Powered by WordPress.com VIP.