The Buzz
All markets and investing news all the time

Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd




Item specifics

Condition:
New without box: A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or ... Read moreabout the condition
Brand: Jack Rogers
Material: Leather and Rubber Fastening: Lace Up
Style: Rainboots Modified Item: No
Width: Medium (B, M) US Shoe Size (Women's): US 8
Color: midnight blue and silver Heel Height: Low (3/4 in. to 1 1/2 in.)

Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd
Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd - 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%.

Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd - hollisbaker.com
About This Author
Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd - 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
 
X20 Rag & Bone Harley Dune Beige Suede Double Push Pin Ankle Boots Women Sz 37 M , Authentic Chloe over the knee boots Boots Suede Ladies[Used] , NEW WOMENS BLACK LEATHER STUDDED BUCKLE PEBBLES BOOT by BIJOU SIZE 7.5 MZigi Girl Women's Green Chilly Leather Ankle Boot Size 10M/ 28999 , Sporto® Crystal Water-Resistant Suede Booties Zipper BLACK 7.5M NEW 571-619 , ECCO Black Leather Sculpted Zip Ankle Boots Booties Women's 38 / 7-7.5 , NEW DR. MARTENS WOMEN'S SHOWER 14-EYE WATERPROOF BOOTS PINK 7 MEDIUM 5 UK $120 , Boots Shoes Breathable Knit Line Mesh Korean High Summer Women Boots Knee HighSanuk Womens Drop Top Charcoal Grey Fold Over Ankle Boots US 5 NEW!Short Black Bearpaw Casual Boots Women's Size 6 , SEXY Womens COLIN STUART rubber rain boots size US 6 animal print shoes duck sho , BareTraps Rosie Boots Black Women's Shoes Size 7 M NEWH2K Floral Design Womens Rain Rubber Boots Size 11 US EUC , Chinese Laundry ON YOUR FEET Natural Pink Suede Leather Boots Sz 7M,JUICY COUTURE Boots Women's Size 10 Fashion PRINT Tall Tan Leather #B1615BOGS Boots Women's Size 9 JAMISON Camping Hiking Rain Black #B1653 , Women's Dolce Vita Soft Black Suede Silver Chain Ankle Boots Heels Sz 8.5 M NEW , Just Fab-Tall Naila boots brown with fur Plaid Check accent- size 6 COZY & WARMNot Rated Woman's Heels � Size 7.5 Super Cute Vintage Style 60's Look .A 11 , LANDS' END Boots Women's Size 9 Hiking Pull On Tan Leather #B2041Women's Mia Noralee Black Leather Tall Boots Size 8 M , Zigi Soho Wise Black Leather Ankle Boots Women's Shoes Size 7.5 M NEW , Joan & David Black Suede Ankle Heels Boots Side Zip size 8M , NEW WOMENS SEVENTH AVENUE BROWN SADDLE STITCH BOOTS SIZE 7M 7 M , Chinese Laundry Cognac Tall boots Size 9.5 MCA Collection by Carrini Women's Leather Combat Boots Cognac Size 6.5 New , Women's Shoe Dark Brown Heeled Knee High Boots Size 10 MLadies Emma black suede sheepskin lined wool winter boots size 5 from BearPawsMerona Knee High Black Boots Womens Sz 7.5 Buckles Zip Up ,
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 Womens Cowboy Rain Boots Queen of Diamonds Rubber Heel Size 7 , Colin Stuart Brown Leather Faux Snakeskin Knee High Stiletto Boots Women's 7.5 , MUK LUKS boots WOMENS 9 BROWN FAUX Snake Skin ANKLE SWEATER KNIT CUFF new , LADIES MUNRO BLACK FASHION ZIP SIDE ANKLE BOOTS SIZE 7.5 N , Ladies Leather Collection Casual Mid Heel Twin Gusset Ankle Boots , Brinley Co Women's Spiro Ankle Boot, Tan, Size 7.5 tjfcCoco Ladies Knee High Boot Taupe L9286 x 8 (R22C)APT 9 IRENE BLACK Buckle Knee High Women's Riding Cute Slouch Boots Black Size 6Women Casual Stars Sneakers Fashion Comfortable High top Shoes Black 4553_EC , Nine West Cavanagh Ankle Boots 699, Black, 9.5 US , HINGE Devin Black Leather Knee High Boots, Size 6 M , Circle S Women’s Brown Leather Slip On Casual Bootines Size Sz 6.5 Medium Med M , Gianni Bini New Display Model Womens Brown Ankle Boots 6 M Shoes NWOB , Wms FRYE Diana Stitch Short Boots/Booties Size 8.5B Worn 5xWomen Vintage Dr Martens 8725 Brown heel boot /USL9 EnglandNEW STUDY NY WOMENS CARCEL CREEPER - BLUSH$275 Arche Laius Turquoise Leather Snakeskin Ballet Flats Sz US 7/7.5 NEWSalvatore Ferragamo ITALY Black RAFFIA Grosgrain BALLET Loafers Flat SHOES 10BCLARKS Women's Sillian Pine Walking Shoe,Black Synthetic,7 W USMizuno Softball Baseball Cleats 5.5 Black Pink 9-Spike Finch Franchise G3 5 1/2 , DOLCE VITA SHOES sz 8 FLATS IVORY LEATHER SLIP ON BEAD DESIGN BALLET TOE EUCLifeStride Women's I-Loyal Flat - Choose SZ/Color , Tory Burch Women's Canvas Loafers Slip On Espadrille Flats Shoes - Size 9 , EXC! THIERRY RABOTIN LENA Sz. 10.5/11 Women Walking Pewter Shoe LeatherNew Balance Womens Wcruzol Lush/Silver Mink Running Shoes Size 7 (C,D,W) (8062)Women's Jolette Rose Franco Sarto Flat Flats , Women's Designer women boots BootsWomens Pull On Over Knee Boots Block Heels Black Knight Casual Shoes Stretchy U6 , Womens Sweet Bow Knot Ankle Rain Boots Slip On Low Heels Casual Shoes New C94 , Rhinestones Women's Bling Bling Flowers Stiletto Wedding Bride Shoes High Heels ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Womens Jack Rogers Chloe Boot localjoes-27799 in Womens Chloe Midnight size 8 8da3ffd Boots
1070244
1110503
4124583
4197450
9091176
11032005
11513535
15714795
16784870
Powered by WordPress.com VIP.