The Buzz
All markets and investing news all the time

Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b




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: Great condition, gently used
Brand: Matisse US Shoe Size (Women's): 8.5
Color: Black Heel Height: Low (3/4 in. to 1 1/2 in.)
Style: Fashion - Ankle Material: Leather
Width: Medium (B, M)

Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b
Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b - 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%.

Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b - hollisbaker.com
About This Author
Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b - 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
 
CLARKS 16724 Burgundy Leather Ankle Boots Women's Size 8 M Zip Up BuckleNEW Canyon River Blues Black Brynn Tall Knee Boot w/Heel, Women's Size 8.5M, NIBWomen's Shoes BP. Fashion Ankle Boots Side Zipper Brown Tan Leather Size 6.5M , Anne Klein Gallup Snow Boots 720, Red Multi, 7 USBORN Holman Suede Ankle Boots Women's Size 7.5M Gray 1.5" Low Heel Side ZipperCORKYS Size 9 M Black Rubber Insulated Cheetah Fabric TieTop Winter Rain Boots , Karen Scott Women's Ashleee Knee-High Boots Black Size 6.5 MClarks Maypearl Tulsa Ankle Booties 687, Black, 6.5 US / 37 EU , MIA Cassidy Knee-High Boots, Black, 5.5 US , Jessica Simpson Womens Black Ankle Boots 7.5 MM.F. Amber Casual Riding Boots, Black, 6 US Display , NEW Nicole Miller Rainy Day Rain Boot Blue Woman's Size 10Women's Shoes Bucco Pagani Tall Boots Black Man Made Side Zip Size 7MPajar Women's Leather Waterproof Snow Boots Size 8Cape Robbin Kelsey-20 Black Jeffrey GATLIN-EMB Pointed Toe Western Ankle Bootie , bar III Nimble Buckle Ankle Boots, Black, 8.5 US DisplayCape Robbin Fay-2 Over The Knee Stretch Glass Heel Thigh High Boot 6.5 GreyA35 Courtee Wide Calf Heeled Knee High Boots 267, Cognac, 8.5 US , CAPE ROBBIN Mona KHAKI Women's Block Heel Stretchy Over the Knee Boot withmossimo boot black size 7 new , Clarks Kendra Mix Platform Booties, Aubergine, 8.5 US / 39.5 EU , Clarks Maypearl Tulsa Ankle Booties 770, Black, 8 US / 39 EUNaya Atom Ankle Boots, Taupe, 8.5 US / 38.5 EU Display , Aerosoles Boomerang Ankle Boots 051, Black, 6.5 USCarlos by Carlos Santana Delia Tall Slouch Boots 271, Black, 10 US / 40 EU , Olivia Miller Thompson Black Wedge Knee High Boots Women's Shoes Size 9 M NEW , LL Bean Boot Women’s Sz US 6 M Brown Nubuck Leather Pull On Boots , Hush Puppies Cignet Ankle Boots 672, Black, 11 US / 43 EU , BORN Brown Leather KNEE HIGH BOOTS Zipper on Side 17" TALL, 1.25" Small Heel 8.5 ,
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 WORTHINGTON Black Leather Chunky Heel Knee Boots - 8.5 M - EUC , WOMENS ANDREA BERTOCCO FRINGE COWBOY LEATHER BROWN BOOTS SIZE 6Very Volatile Distress Leather Mid Calf Western Boots Sz 8 or 8.5 , Journee Collection Womens kat Closed Toe Ankle Fashion BootsNEW Abound Black-Tan boot Sz 7OVER-THE- KNEE SUEDED BOOT WOMEN CARLENE-1-34 ELEGANT OLIVE , Madden Girl by Steve Madden Womens Fancie Red Ankle Boots 8.5 Medium (B,M) 1757NY VIP B777 Rubber/Nylon Mid-Calf Rainboots Choose Sz/Color , Explore 24 Eppie Brown Suede, Faux Fur Ankle Boots. Size 9 M , SALE DEMONIA Women's 1 1/4" Heel Combat Ankle Boots w/ Double Buckle Strap Cuff , EARTH ORIGINS DOLLY WOMENS 8.5 BLACK SOFT MACCHIATO SUEDE & LEATHER ANKLE BOOTSJeffrey Campbell Shoes 372166 Grey 37 , NWOB The North Face Women's Shellista II Mid Luxe Round Toe Boots Black Size 6Wild Diva Lounge Snake Embossed Pointy Toe Over-The Knee Stiletto Boots , New Belle by Sigerson Morrison Copper Crinkle Leather Ballet Flat 8.5 Fit Size 8ARIAT Cruiser Dirty Taupe Suede Sparklin Leopard Slip On Shoes US 9 M NWBAlegria Size 39 (USA women's Size 9) Tan Shoes With Multi Stripes; Worn OncePRADA Women’s Real Leather Shoes Sz : US 9/ NEW , Keds Womens Fashion Sneaker SIZE 8.5 Shoes Pink Green Gingham , Sport Sandal Womens Mixed Color Heel Sneakers Running Breathable Athletic Shoes , Upcurve Black Multi Fabric Anne Klein Flat , Adidas Duramo 6 W womens trainers sneakers shoes SAMPLE , Nike Zoom Rival Women's S8 Track Shoes Sprint Spikes Pink/Volt 806558-999 New , Jessica Simpson black leather buckle ankle boots Size 8.5 M , 3 Color Women Faux Leather Lolita Pull On Cuffed Mid Calf Snug Boots Winter Warm , Women Vintage Slouch Boots Kitten Mid Heel Pull On Comfort Cowboy Mid Calf BootsMVE Shoes Women's Almond Toe Bootie - Cute Low Heeled , Converse Women's Chuck Taylor All Star Digital Floral Ox Basketball Shoe , Ladies Dansko Suede Work shoes Size 38 , FILA 17FW DISRUPTOR II PALE PINK FS1HTZ3075X UNISEX SHOES US SZ 4-8
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Matisse Womens Black Studded Leather Leather Ankle Boots Boots 8.5 localjoes-22976 M ce3b77b Boots
660423
2095107
9877288
11568378
11720543
12185716
14839268
15313786
15467241
Powered by WordPress.com VIP.