The Buzz
All markets and investing news all the time

VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d




Item specifics

Condition:
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Model: Barita
Width: Medium (B, M) Modified Item: No
Pattern: Rhinestone Country/Region of Manufacture: China
Features: Rhinestone Style: Sneakers
Color: Burgundy Fastening: Slip On
Occasion: Casual US Shoe Size (Women's): US 8.5
Brand: Vince Camuto Heel Height: Low (3/4 in. to 1 1/2 in.)
Toe Type: Oval Material: Suede
UPC: Does not apply

VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d
VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d - 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%.

VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d - hollisbaker.com
About This Author
VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d - 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
 
Dansko Womens Fashion Sneaker /7.5-- Select SZ/Color.VANELi Womens Nadette NuBuck Round Toe Loafers, Black Nabuk, Size 7.5French Sole Womens Jigsaw Leather Closed Toe Ballet Flats, Pewter, Size 11.0 MwYNICOLE Kaci Cordovan Wingtip Oxfords RETRO VINTAGE Loafers Womens Sz 6.5 �b1 , ALESSIA GRAY LMSP70 Women's Shoes Size 7 M Eur 4.5 Leather Slip On Mephisto , French Sole FS/NY Women's Passport Ballet Flat, Black, Size 5.5 1HeMTod’s Women’s Loafers Blue Sz 35/5.5Sesto Meucci Women's Neda Slip-On Loafer Brown Size 8.0 aEdc , French Sole Womens radar Fabric Closed Toe Ballet Flats, Peach Cork, Size 6.0 K8 , ANNABELLA WHITE LMSP70 Women's Shoes Size 7 M Eur 4.5 Leather Slip On Mephisto , Josef Seibel Black 38 US 7.5 Mules Heels. Clark’s. Sz 7. Nice.Womens 7.5 W Wide stuart weitzman tan alligator crocodile ballet flat shoes pump , New Womens PU Leather Hidden Heels Shoes Platform Zip High Top Casual Sneaker SZ , ECCO Womens Fara Closed Toe Boat Shoes Black/Black Size 8.5 eDUHClarks ARTISAN Women's Soft Black Leather Flat Mules Sandals - Size 8.5Spring Step Lazarina Women's Slip OnSesto Meucci Women's Neda Slip-On Loafer, Brown, Size 8.0 aEdc , `NEW Mozo Style Womens Sports Flat Slip Green Canvas Shoes Sz 7 Eur 37Salvatore Ferragamo Bronze Leather Bow Ballet Flats Italy 9 BNurture Women's Slide Flats Glitzy Black Suede Shoes Sz 7.5 M NEW DISPLAY D7068Walking Cradles Women's Flick Shoes - Black Waxy Soft Leather - Size 8.5 W , Gentle Souls Women's Bay Unique Ballerina Multicolor Flats US Size 5.5 M $210ALEGRIA PG LITE WOMAN SHOES IRIDESCENT SNAKE CLOGS MULE SIZE 38/8 ALG 715$125 FitFlop Womens F-Pop Ballerina Suede Cap Toe Flat Shoes, Dark Tan, US 7 , FANTASTIC WOMENS TOD'S PEWTER LEATHER DRIVING LOAFER SHOES 39 8 LQQK!!Sperry Top-Sider Women's Sunset Ella Moccasin Nubuck Pink Women's 9.5 M NewJSlides Women's Aztec Fashion Sneaker, Tan, 8 M US , NEW COLE HAAN WOMENS GARNET DRIVER - BLACK , NEW COLE HAAN WOMENS DELCIE LOAFER MULE - GOLD SPECCHIO ,
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 Ladies New Trainers Wedge Side Gold Zips Smart Shoes Casual Size , 6 1/2 M Ladies Womens Apostrophe Boots Ankle Brown Side Zip Leather FashionJoyca womens boots knee high riding equestrian moto 40 9.5 black leather harness , Cole Haan Women’s Black Leather Buckle Ankle Boots Made In Italy Size Sz 5 M , Kensie Girl Women's 'Gianno' Size 5 1/2 Black Cuffed Knee High Faux Leather BootBooties CHIO BLACK LEATHER SIDE ZIP ANKLE BOOTS SIZE 40 MADE IN SPAIN , CLARKS Women's Orinoco Club Brown Chelsea Boots / US 5.5/ D , Jeffrey Campbell Pixie Shoes Size 8.5 Black Solid Suede Wedge Booties CasualSAM EDELMAN Women’s 9 Ankle Booties Louie Fringe Leather Festival BootsWembley Tweed Shaft With Angle Cut Autumn Boot , Ladies Black Textile boots with Cushioned Texture on Tube and Small HeelCOUGAR Womens BIZZ Brown Waxy Suede Waterproof Mid-Calf Boots Size US 8 MDr Doc MARTENS Black Mini Tydee Flower Floral Boots Women's Size US 5 , Daniblack Women Size 7M Brown Leather High Heels Pumps Mid Calf Casual Boots-378Calvin Klein Ivah Rubber Boots CK Fabric Shaft Womens 7 Black Rain Cold WeatherEspadrille model 99761 Zoki - Matter - Shoes , Salvatore Ferragamo Rufina Black Quilted Patent Authentic Loafers SZ 8.5C NICEHot Chocolate Design Chocolaticas Mariquita Women's Mary Jane Flat Multicolou... , T.U.K. England Black Vegan Suede Kitty Cat Flats Womens Shoes Rock NEW TUKValentino Garavani Rock Stud Hot Pink Ballet Flats EU sz 38US sz 7.5 , mocassins TOD'S CUIR NOIR pointure 38STRIKE FIRENZE women shoes Black brushed leather penny loaferWomens Sperry Seacoast Gray Canvas Sneakers Size 6.5M (U213)New Balance Womens 900v3 Track Spike Running Shoe- Pick SZ/Color.adidas Originals Superstar W Low Women Classic Shoes Sneakers Pick 1 , PUMA KAMILA TWEED STYLISH HERRINGBONE WOMENS SNEAKERS US SIZE 7.5Fashion Women's Wedge Hidden Heel Knee High Boots Tassels Snow Warm Gothic Retro , Caterpillar Tess Steel Toe Work BootDANSKO Women US 6.5/7M Brown Tooled Leather Occupational ClogsADIDAS Tubular Viral Chalk Running Shoes Sneakers Size 5-13 White S75914
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
VINCE CAMUTO BARITA BURGUNDY soapapp-15467 SUEDE CAMUTO RHINESTONE SNEAKERS SIZE 8 BURGUNDY 1/2 M - NEW b1ed67d Flats
767902
2042835
2368788
8071054
9600185
10675741
12376483
16916181
18285448
Powered by WordPress.com VIP.