The Buzz
All markets and investing news all the time

Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c




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
Stylenumber: 908994-006
Style: Running, Cross Training Color: Wolf Grey/Mtllc Dark Grey/Cool Grey/Black
Width: Medium (B, M) Brand: Nike
US Shoe Size (Women's): 9.5 Gender: Womens
UPC: 888412912995

Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c
Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c - 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%.

Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c - hollisbaker.com
About This Author
Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c - 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
 
women's shoes BEVERLY HILLS POLO CLUB 7 (EU37) sneakers wedge gray suede AJ09-37 , Brand New never been worn Adidas size 6 Grey Tumblr shoes , SCARPA Womens FORCE X Lip Gloss Climbing Shoes US 6; (70019-002)NEW Women's Adidas Flashback Runner Shoes Size: 6.5 Color: GrayCole Haan Womens Coraliesam Low Top Slip On Fashion, Blue/Black, Size 6.0 , NEW BALANCE 247 Classic Women | Smoke Blue / White (WS247UF) , New Nike Womens Roshe One Flyknit Trainers Sport ShoesADIDAS VS ADVANTAGE CL K Shoes B75739ADIDAS QT VULC 2.0 W SHOE SHOES ORIGINAL ORTHOLITE FLOAT DB1850 BLACK , NEW Women's Adidas Campus Shoes Color: Gray Size: 9.5 , NIKE GIRLS AJ1 RETRO HIGH PREM GS (535804-017) SZ: 5.5 CM: 24Nomad Women's Puddles Boot Black/Green Paisley Waterproofwomen's shoes BEVERLY HILLS POLO CLUB 6 () sneakers gray suede AJ08-36 , Nike Revolution 4 Womens 908999-011 Black Fuchsia Glow Running Shoes Size 10REEBOK CLASSIC MOTORING CLOSURE LO WOMEN SHOES KHAKI/BLUE 32-151174 SIZE 5.5 NEW , Women Adidas DB1307 Questar Ride Running shoes pink white sneakersWomen Adidas BB6708 Gazelle STITCH AND TURN Running shoes pink white sneakers , Nike Air Max 1 Ultra Flyknit Photo Blue/Deep Royal Blue 843387-400 Womens , women's shoes BEVERLY HILLS POLO CLUB 10 sneakers wedge gray suede AJ09-40 , Adidas Womens PUREBOOST X Hight Top Pull On Running SneakerNIKE Shoes 618351 Grey 23cm , Adidas Gazelle Originals BB5472 Pink NEWPug Dog Floral Print Sneakers For Women- Free Shipping , Puma Soleil V2 Trainers Womens White/Silver Sneakers Sports Shoes FootwearGentle Souls Women's Hazel-Fay Platform Midtop Front Zip, Blue/Silver, Size 8.0 , Nike Womens Nike flex 2017 RN Fabric Low Top, Black/White/ Anthracite, Size 8.0 , Sports shoes sneakers Converse All Star leather Trainer woman leather new 40 41Cole Haan Womens Garnersam Low Top Slip On Fashion Sneakers, Pewter, Size 6.0 , ASICS Women's GT-1000 3 Running SZ: 6.0 Black/Onyx/Lightning T4K9N.9099 NEW RARE
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 Size 9.5 Rampage Trixen Cognac Faux Suede Slouch Western BootiesBeautiful Gently Used Black BLACK ROOSTER "Zoe" Booties ( Size 9)Earthies Women's Size 8.5 Ankle Boots Black Leather "Lacarne" Wood Booties $199! , Diba Womens Pilot Almond Toe Ankle Fashion Boots Black Size 8.5 PSTvIndigo Rd. Womens solar Closed Toe Knee High Fashion Boots, Brown, Size 7.5 zxHfWomens Size 6 1/2 M Laredo Black Western Cowboy Boots , Blowfish Womens sava Closed Toe Ankle Fashion Boots Grey Size 8.5 dQre , Crown Vintage Womens carly Leather Closed Toe Ankle Fashion BootsCircle G Corral L5002 Size 10M Womens Western Cowgirl Boots Distressed Bone NEW , Sam Edelman Sara Ballet Flat - Silver Metallic / Multi Tweed Sz US 7.5 | , REACTION Kenneth Cole VERY CLEAR Women Tall Boots (7.5 M, BLACK)Dirty Laundry Womens wing it Closed Toe Ankle Fashion Boots Grey Size 9.5SERGIO ROSSI - BOOTS - POINT.38 1/2 - AUTHENTIQUEGentle Souls Womens Etsu PN D'orsay Flat Shoe , Tory Burch Women's Ivory/Multi Color Flats 7 MDonald J. Pliner Rio Pewter Patent Leather Croco-Print Loafer $199 Mult SizesTORY BURCH Reva Audrey Transparent Ballet Flats Women's Shoes Size 9.5 M , Dansko Vegan Pro Black White Gray Silver Tweed Fabric Nurse Shoes Eu 40 US 10Laura Bellariva 1106r Black Leather Platform Wedge Booties Shoes 38 / US 8 , BT21 MBT shoes pink textile women slip on , Womens Tassel Pearl Decoration Pointed Toe Patent Leather Large size shoesWomens MUNRO Ramie burgundy suede penny loafers shoes sz. 8.5 M NEW! , Zara Genuine Leather Ballerinas Flats Size 7 NWT , Andrew Charles D125 NAPPA TAUPE ballerina shoes Women's Taupe US , Merrell Duskair Maui MJ Leather Canteen Womens Casual Buckle Hiking Walking ShoeNew Balance Women's CUSH + 628 Casual Athletic Shoe , Nine West Vintage America Take Down Dark Brown Tall Boot Size 7.5 USB.O.C. By Born Pauline Women’s Size 10 Black Knee High Boots Shoes F6-751 , Womens Faux Leather Mid Block Heel Buckle Side Zipper Knee High Boots All US Sz , Nike Air Max Sequent 3 Women's Dark Grey/Storm Pink/Black/White R5517001 ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Nike Downshifter Cool 8 Size Womens 908994-006 9.5 Cool Wolf Grey Mesh Running Shoes Size 9.5 575ba9c Athletic Shoes
1895389
3442771
3905025
4296467
7027786
7180599
7712858
10304441
16314080
Powered by WordPress.com VIP.