The Buzz
All markets and investing news all the time

ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b




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: Pre-owned in Great condition.
Brand: ASICS Material: Synthetic
US Shoe Size (Women's): 11 Heel Height: Low (3/4 in. to 1 1/2 in.)
Style: Running, Cross Training Color: Gray
Width: Medium (B, M) Country/Region of Manufacture: China
UPC: Does not apply

ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b
ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b - 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%.

ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b - hollisbaker.com
About This Author
ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b - 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
 
Womens Sneakers ALDO Commanda Eco Leather Black US Size 7M NEW ONLY ONE , 14724 NVGY Navy Skechers shoes Go Step Lite Women Slip On Casual Sporty Walk New , Skechers Sport Women's Valeris Fashion Sneaker Womens Size 11MBT Physiological Footwear Chapa M Silver Toning Walking Shoes Size 19 US , Womens Air Max Black And Purple , NEW Nike Zoom Rival S8 Womens Running Track Spikes Shoe 806558 601 Pink Size 10WOMEN'S LANDS' END SHOES RED ZIP UPS QUILTED, BLACK SOLES SIZE 9 1/2 B NON SKID , NIB Reebok Women's YourFlex Trainette Sz 9 Wht/Grey , Reebok Women's Vintage 1992 Comfort Glide Supreme Shoes 11-21158 white sz. 6.5 , Skechers Equalizer Vivid Dream Slip On Walking Womens Shoe Navy/White Size 6.5 , Skechers Sport Women's Women's Microburst On The Edge Sneakers [Black / White] , Skechers Equalizer Vivid Dream Slip On Walking Womens Shoe Navy/White Size 6Fashion Women Casual Round Toe Flat Heel Comfy Creeper Party Comfy Fur Shoes NewNEW Womens Nike Tiempo Rio FG Soccer Cleats Size 6 Medium Dark Gray Yellow WhiteGourmet Quadici Lite Sneakers - Womens Size 8 USBrooks Launch 4 Womens Size 8 B Running Shoes White Blue Lime M4 , Nike Zoom Rival S 7 Women's Track Sprint Shoes Style 615998-307 MSRP $65 , Easy Street Womens Laurel Leather Low Top Slip On Fashion SneakersWomen’s Nike Artimesia – Smoke Color – 511312-200 – Size 6.5 , Polo Pink Shoes 11D Canvas with Leather Trim Ralph Excellent Green Logo , Adidas Womens Glide Boost Running Shoes Size 10 Techfit Black OrangeTaryn Rose Women's Cara Knit SneakerTEVA Women's WANDER Purple Canvas Chukka Fashion Sneaker US 9.5 1007767Keds Sneakers Pink and Bluish-Gray Design Size 8.5 , Vintage OG Reebok Classic “The Athlete’s Shoe” White/Pink Women’s Shoes Size 5.5WMN'S PUMA FIERCE CORE 188977 11 PUMA WHITE-PUMA BLACK BRAND NEW DEADSTOCKSkechers Performance Women's Go Run 600 Arise Trainer Burgundy Size 8 , New Balance Womens Walking Shoes Size 5.5 (C,D,W) (4132) , Pearl Izumi SyncroFuel Rd Shoes - Womens Size 8 - New in Box - 5197-223 ,
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 Ladies Spot On Casual Knee High Heeled Boots , DRESSBARN ~ "Vale" Black & Gray Suede Look Knee High Boots Sz 8M * VG-EXCELLENT , size 6.5 Style & Co. Fridaa Black Knee High Riding Boots Womens Shoes , Enzo Angiolini Womens Holmes Bla Leather Ankle Boots sz 6.5 Inside Zip High Heel , Sweet Womens Fur Trim Cuban Heel Side Zipper Ankle Boots Platform Winter ShoesTan Riding Double Ankle Strap Knee-high Women's Vegan Biker BootsWomen's Taupe Suede Leather STEVEN MADDEN Ankle Boots, ARRENA Style, 8M, Sharp!Asolo Stynger GTX Women's Cendre/Dark Brown Hiking Boots 7M , Zara Women Kitten heel mules with bow US6,EU36, 7236/201 , NEW women hollow Leather pointy toe block heel zipper buckle Rivets ankle boots , Soft Style by Hush Puppies Women's Glynis Ii Ankle Bootie Brown Size 10.0Women's Indigo by Clarks Size 7.5M Mid Calf Boots Brown Distressed Leather Q14Roper Women's Liza Southwestern Liza Casual Driving Mocs 09-021-1776-0124 , London Fog Wynter Brown & Coral Orange Floral Rain Winter Duck Boots 9 New , Tory Burch Nude/Tan Savannah Open Toe Flat Sandal 7 $235 , NIB $129 SAS SIMPLIFY Pearl Bone TRIPAD COMFORT Shoes Loafers Womens 9 N , New J.CREW Cleo Eyelet Loafers $228 Size 7 Neon Moonlight A18473.1 Phillip Lim Parker/Cream Off White/Black Platform Wedge Loafer NEW 39 & 40NIB BLACKSTONE OL03 CUOIO CAMEL LEATHER BOOTS WOOL LINED Size US 6 $ , Women’s Prada Black Leather Loafers- Size 38.5 Made In Italy , Attilio Giusti Leombruni Pearl Women's White Leather Sneaker Sz 40PRADA WOMAN BALLERINA FLATX SHOES CASUAL FREE TIME LEATHER CODE 1F297C , Marni moccasin loafers shoes in black shiny calf leather made in ItalyBurberry Malthouse Espadrilles Sandal Cerise Purple US 9.5 Platform FlatMunro Yale Red Womens Shoes Size 9.5 M Flats MSRP $220 , J Crew Slip On sz 8 Womens Floral Pink Blue Shoes Classic Canvas Skate styleCONVERSE Chuck Taylor All Star High Tops Scenic Ombre Pink Women's Ladies Sz 6 , SKECHERS WOMENS WAVE LITE MEMORY FOAM 23630/PUR , Women's Just fab boots Boots , Nine West Womens Boots ALL YOUR SO US 6M Green Suede Leather Snake Embossed Zip
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
ASICS Gel-Contend 11 2 GRAY Running Athletic Training Shoes Sneakers GRAY 2 PINK WOMENS 11 3e0134b Athletic Shoes
879994
1452739
3290732
9438217
10092390
14389188
14760363
15802220
16348999
Powered by WordPress.com VIP.