The Buzz
All markets and investing news all the time

ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b




Item specifics

Condition: New without box :
A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or may be missing original packaging materials (such as the original box or bag). The original tags may not be attached. For example, new shoes (with absolutely no signs of wear) that are no longer in their original box fall into this category. See all condition definitions- opens in a new window or tab
Seller Notes: New with tag
Shoe Size: UK 4 Main Colour: Black
Brand: ZARA Upper Material: 100% Leather
Style: Loafers, Moccasins EAN: Does not apply

ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b
ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b - 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%.

ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b - hollisbaker.com
About This Author
ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b - 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
 
Dolce Vita Womens Gari Pointed Toe Ankle Strap Slide Flats Pink Size 8.5ROS HOMMERSON Women CARRIE White Loafers Adjustable Straps US 8.5N (62004-37)Bruno Magli Gold Metalic Peep Toe Leather Wedge Shoe 7M NWOBGeox Womens Elidia Fabric Closed Toe Loafers Brown Size 7.5 , I17-LB9 WOMEN'S SHOES 35 LOAFERS LAURA BELLARIVA 100% BLACK LEATHER , NEW ROSE PETALS BY WALKING CRADLES $165 TAN BLACK CAPTOE BALLET FLATS 39.5 8.5Sperry Top-Sider Women's A/O 2 eye Grey Maine Collection 6MVILLIA IRI GRAY LMSP70 Women's Shoes Size 7 M (Eur 4.5) Leather Strap MephistoSanita women's size 38 black high top shoes - New in box , New Brusque Low Top OX SEquin Sneakers Black 5.5 US, 36 EU $225 , NEW $375 Maloles Black Leather Blanche Ballet Flats Oversized Bow Detail Sz 39Aravon Women's Portia - AR Dress Pump, Brown/Multi, Size 8.0COLE HAAN BLUE SUEDE LOAFERS WOMEN SIZE 9 B LEATHER SOLES NEW NO BOXwomen's shoes DR. MARTENS 8 () Ballet Flats Blue Canvas BT242-39Cole Haan Womens C111648 Closed Toe Ballet Flats, Canyon Rose, Size 6.0Versace 19.69 E08 PITONE ROSA MULTICOLOR ballerina shoes Women's Pink US , MARC FISHER VENITA women ESPADRILLES FLATS (10 M, IVORY)VINCE CAMUTO Shoes 603166 Orange 36 1/2ZARA STRIPED FLAT MULE LOAFERS SIZE UK4 EUR37 US6.5I17-LB82 WOMEN'S SHOES 37 LOAFERS LAURA BELLARIVA GOLD MADE IN ITALY 100%French Sole Womens TEQUILA Leather Pointed Toe Slide, Taupe Patent, Size 10.0 jIAD622 LE BABE shoes black velvet textile women ballet flats , Cole Haan Womens D43383 Canvas Closed Toe Boat Shoes, Silver Mist, Size 6.0Dr. Martens Made in England BEN Unisex BrownLeather Shoe Size UK.5 , Womens Birkenstock Gizeh Birko-Flor Nubuck Flat Summer Holiday Flip Flop US 5-11Womens Vagabond Tia Work Leather Fashion Beach Holiday Summer SandalsMunro Women's Skipper Black Nubuck Flat Size US 8 M , NEW $375 Maloles Black Leather Blanche Ballet Flats Oversized Bow Detail Sz 38 , Rick and Morty LADIES Classic High Top Canvas Shoes ,
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 Franco Sarto Women's Wedge boots Leather suede mauve brown 7.5 M Knee High , Kenneth Cole New York Brown "All Tied Up" Leather Boots, Womens Size 7M, Worn 1X , ZIGI Kiana Lug Sole Combat Boots, Stone/White, 6 USSz35-43 Womens Round Toe Tassels Over Knee Boots Block Heels Casual Shoes I200 , Nancy Li Boots Betty Brown US Size 6.5 Real Fur Real Leather Uppers Brand New! , Womens Ralph Lauren Brown Ankle Boots 7.5B, Italy! , Clarks Suede Ankle Boots Whistle Ranch PICK SIZE COLOR NEW , Red/Black 5.5" Stiletto High Heel 1.5" Platform Round Toe Ankle Boot Size 6.5New Bitchin Zebra Print HighTop Trainers- Punk/CosPlay/Festi/Size4 , Steve Madden Pink Crushed Velvet Ankle Boots Size 7 NEW 3 1/4" HeelSigi Soho Women's Imrie Brown Slip On Ankle Fashion Winter Boots Size 7.5 , size 8 Very Volatile serape fringe Venus bootiesLamo Suede Water Resistant Boots with Sweater Cuff - Empire 10 M Chocolate NIBCESARE PACIOTTI women boots sz 7.5 Europe 38 bronze leather S6906 , New Via Spiga Suede Black Women's Heels Fringe Ankle Boots Booties Size 7M , Steve Madden Ally Leather Engineer Boots, Women's Size 8, Black NEWVINCE Gray Patent Leather COVENTRY Slip On Kiltie Loafer Size 5.5 $295Dansko Women’s Size 43 Wide Professional Clogs Cabrio Black Leather Mule Stapled , Cole Haan W06831 Womens Zerogrand Wing Oxford, New Mineral Red Open Hole/Vapor$695 NEW Manolo Blahnik CHAFLA Flats GLOSSY Red Patent Sandals Shoes 40.5NEW Chiara Ferragni Logo Womens Black Sequins Slip Sneakers SlipperVaneli Womens Rosaria Loafer- Pick SZ/Color.New Women's Skechers Fit Empire Take Charge (12407) (A1) , Casual US Womens Dating Shoes Pointy Toe Pumps Slip On Slingbacks Low Heel PumpsGrace Womens Shinning Date Sequins Pointy Toes Bowknot Slip On Loafers Shoes SZ , Walking Cradles Womens bandeau Leather Closed Toe Loafers, Tan, Size 7.0 fOrlSteven Steve Madden Kenner Casual Sneaker Metallic Rose Gold Slip-On Shoe Size 6Women's jeffrey campbell boots 9 BootsDansko Tapestry Women's Clog Brown Floral Velvet Size 38 US 7.5 - 8 , Finn Comfort Womens Oxford Red Leather Shoes Made In Germany US 7.5
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
ZARA Black Flat Leather Shoes ZARA With Small Studs Black Studs Euro 37 7f8eb4b Flats
711954
2060510
7492834
8429578
8649253
8676818
12798643
14893624
16010806
Powered by WordPress.com VIP.