The Buzz
All markets and investing news all the time

Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5




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: Gently used, normal wear, small minor scuff on one shoe. Please see all photos! Pet free & smoke free home.
Accents: Faux Zipper Width: Medium (B, M)
Modified Item: No Pattern: Solid
Style: Booties Color: Black
Boot Shaft Height: Ankle Occasion: Casual, Dress, Party, Work
US Shoe Size (Women's): 8.5M Brand: Ann Taylor
Heel Height: High (3 in. and Up) Toe Type: Peep Toe
Material: Leather Heel Type: Stiletto
UPC: Does not apply

Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5
Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5 - 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%.

Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5 - hollisbaker.com
About This Author
Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5 - 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
 
DV Dolce Vita Utility Boot Womens Size 6M Brown Leather Back and Side Zipper -28 , Style & Co. New Lolah Brown Womens Shoes Size 8 M Boots MSRP $75 , Style & Co. Jamila Silver Womens Shoes Size 6.5 M Boots MSRP $79.99Fergalicious by Fergie Winchester Black Womens Shoes Size 5.5 M Boots MSRP $60 , BareTraps New Yaegar Gray Womens Shoes Size 5.5 M Boots MSRP $109Style & Co. Astarie Black Womens Shoes Size 6.5 M Boots MSRP $99.99Madden Girl Womens Black Mirra Ankle Boots Shoe Size 11 M , ZiGi Soho New Spraypaint Gray Womens Shoes Size 7 M Boots MSRP $69American Rag Coreene Black Womens Shoes Size 6 M Boots MSRP $79.99 , INC Herbii Brown Womens Shoes Size 10.5 M Boots MSRP $129.99Karen Scott New Davina Brown Womens Shoes Size 6.5 M Boots MSRP $79.99Style & Co. New Witty Brown Womens Shoes Size 6 M Boots MSRP $69 , BareTraps New Dallia Brown Womens Shoes Size 8.5 M Boots MSRP $109 , H By Hudson Apisi Womens Size 7 Beige Velvet Suede Booties X12-1633 , COLE HAAN AIR Green Olive Suede Wedge N I K E Air ON ANKLE BOOTS WOMEN'S 8.5 , BareTraps New Yaegar Gray Womens Shoes Size 5 M Boots MSRP $109 , Seven Dials Teresa Black Womens Shoes Size 7.5 M Boots MSRP $69 , Rialto First Row Brown Womens Shoes Size 10 M Boots MSRP $89 , ANA Women Knee-High Boots Size 6.5 M Black Leather , Easy Spirit New Badge Beige Womens Shoes Size 7 W Boots MSRP $66 , LAM Black SUEDE BOOTS FAUX FUR Lined FOR WOMEN SIZE 11Womens Arturo Chiang Black Boots Size 6.5 , Adrienne Vittadini Tino Gray Womens Shoes Size 10 M Boots MSRP $149 , Report Womens Black Rachael Ankle Boots Shoe Size 7.5 M , Style & Co. FRIDAA Women's Boots BarrelSperry Top Sider Womens Falcon Green / Plaid Rain Rubber Boots w/Buckles - SZ 8MS.C. Witty Winter Boots, Brown, 6 US DisplayAuditions Leather Boots Madison Mid Calf Block Heel 470027 Black Sz 7 N Narrow , Style & Co. Arianah Gray Womens Shoes Size 10 M Heels MSRP $69.99 ,
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 Sam Edelman Black Suede Leather Slip On Ankle Boots Size 8 MWomens Stretch Over The Knee Block Heel High Long Evening Wide Fit BootsLADIES CHESTNUT RILEY BOOTS WITH INSIDE ZIPPER NEW SZ 7 BY BLUE SUEDE SHOESAMERICAN EAGLE SHOES SIZE 11 NWTSEastland Women's Brown Leather boots Shoes size 8Ladies Spot On Flat Shoes F9729 , NEW! Mad Love Indoor/Outdoor Woven Knee-High Sweater Winter Black Boots SlippersVince Camuto Brown Suede Ankle Boots Womens Sz 8.5 Platform Heels Zip J2E , Minnetonka Women 8 Black Suede Leather Ankle Boots Double Fringe Braid ShoeNaturalizer Women's Maureen Leather Booties Black GG8 Size UK:4.5 US:6.5W $149 , STYLE & CO. VENESA Women Riding Boots (7.5 M, BLACK/BARREL)New $198 FREE PEOPLE 'Belleville' Antiqued Bootie 38, 7.5 , EMU Australia NWOB Women Winter Ankle Boots Size 8 Brown Suede , Black Spike 5" High Heel 2" Platform Round Toe Ankle Sexy Boot Size 8Jessica Simpson Sesley Brown Womens Shoes Size 9.5 M Boots MSRP $129Donald J Pliner Riding Rustic Boots 6.5 Brown Flat Zippered $398 , Aldo Sz 9 Tan Brown Suede Leather Western Ankle Block Booties Boots Snack 4Heels , Dansko Lois Suede Flats Dark Grey Women Sz 37 , JBU by Jambu Women's Wildflower Mary Jane Flat, Espresso, 8.5 M US , Skechers Women's Comfy Living-Chillax FlatBlack6 M USNWT RARE LIMITED ED PANE TULIPANI PANETULIPANI SZ 38 WOMANS LEATHER TAN SHOESCLARKS Women's Dameo Swing Driving Style Loafer Navy Leather 8 B(M) USNew Womens Slip On Mules Strappy Buckle Slingback Sneakers Summer Casual ShoesNEW REEBOK WOMENS SPEED TR FLEXWEAVE®Under Armour Women's Micro G Assert 7 Running Shoe Graphite/White/Refresh Mint , Asics El Ace Sparkle Shadow Purple/Black 352655 02 Women's SZ 10.5 , Call It Spring Women's Adauni Fashion Sneaker, White, 9 B USU.S. Polo Assn.(Womens) Womens Ivy-e Fashion Sneaker- Pick SZ/Color.SKECHERS Suede Leather Sneaker Shoe 21374~Brown~Size 8 US, 5 UKNIB $175+ Tory Burch Women's Royal Tan Brown MURPHEY Perforated Sneaker Shoe 10
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Ann Taylor Women’s Peep Toe 4” 27798 Stiletto Booties-Black Peep/Faux Toe Zippers-Size 8.5M 912dcf5 Boots
1870267
6648303
9167325
11119954
12792282
13025337
14134213
14768309
15295265
Powered by WordPress.com VIP.