The Buzz
All markets and investing news all the time

Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843

Item specifics

New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Accents: Closed Back
Theme: Winter, Boho Model: 001
UK Shoe Size (Women's): N/A Modified Item: No
Pattern: Solid Country/Region of Manufacture: China
Features: Adjustable Strap, Elastic, Insulated, Waterproof Style: Winter Boots
EUR Shoe Size (Women's): N/A Boot Shaft Height: Ankle
Upper Material: Cotton Fabric Calf Width: Medium
Occasion: Casual, Outdoor Product Line: N/A
Calf Circumference: N/A Heel Height: Low (3/4 in. to 1 1/2 in.)
Brand: Women's Waterproof Wedge Platform Ankle Boots Sub-Style: Boots
Toe Type: Round Toe Material: Cotton Fabric,Rubber
Heel Type: Platform Width: Medium (B, M)

Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843
Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843 -

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%.

Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843 -
About This Author
Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843 -
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
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 sz 9 M Johnston & Murphy Alex Bootie Brown Suede Leather Ankle Boots Zip , Bar III Womens Nimble Suede Closed Toe Ankle Fashion Boots, Black, Size 5.0 , 3 Color Chic Retro Round Toe Women Flat Zip Sweet Beads Ankle Knight Boots New , NOT RATED WOMEN'S DOUBLE D KNEE-HIGH FASHION BOOTS BLACK SYNTHETIC US SIZE 8 MEDDuran Black Leather Women Boots Size 8.5 , Cole Haan Womens Air Callie Waterproof Rain Shooties Brown Zip Shoes Size 8.5 BCHINESE LAUNDRY WIZ HEEL BROWN BOOTIE WOMENS US Size 10XOXO Women's Yarissa Boot, Taupe, Size 9.0 YpsZ , Aerosoles Womens Linbo Black Moccasin Boots Shoes Size 7.5 MBamboo Womens Parksville Knee-high Zipper-detail Fashion Boots , BUFFALO London Bottine 333764 Taille:eu40 TAUPE01 (brun) , LifeStride Women's Delilah WC Equestrian Boot, Black, Size 9.0 QcRDCougar Womens storm Closed Toe Mid-Calf Cold Weather, Black Nylon, Size 6.0 3J26 , Jelly Pop Womens erika Pointed Toe Ankle Fashion BootsMT. EVEREST WATER PROOF BOOTS WOMENS SIZE 7 1/2 SKYE3 , KENDALL + KYLIE Women's Sophia Over The Knee Boot , Madeline Stuart AJAX Camel/Tan Zipper Boots - Size 9 1/2M - NEW IN BOX , Bare Traps Womens Leni Leather Closed Toe Ankle Cold Weather Mud Size 8.0 gGoH , Beautiful Gently Used Dark Brown BLACK ROOSTER "Zoe" Booties ( Size 9) , STEVE MADDEN BOOTS ROADY 7 knee-high buckle Brown biker leather (C01)Victorias Secret VS Tall Boots Womens 8.5 Olive Khaki Green Flat Knee High VeganBooRoo Womens Alexa Button Winter Boot Shoe, Black Suede, US 11 , Mi Bottes PASCUAL ALONSO Cuir Synthétique Marron T 40 BE , Women Boots Square Heel Platforms Leather Thigh High Pump Boots ShoesBandolino Womens lappo Leather Closed Toe Ankle Fashion Boots, Black, Size 9.0 3ARTURO CHIANG LEATHER HEEL BOOTS 11M WHISKEY NWOB , $89 size 7.5 Bandolino Yihana Black Wedge Ankle Booties Womens Shoes NEWMarc Fisher Deco Zip Peep Toe Padded Boots Serenity Black Suede 9.5M NEW A266089 , Unisa Womens Adivan 3 Closed Toe Over Knee Fashion Boots, Black, Size 8.5 UvSi
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 Charlotte Russe boots Knee High Brown heels Womens size 10 shoes ZipFranco Fortini Campus Studded Booties Zip Womens Black Leather Shoes Size 8 , SC35 Rudyy Heeled Knee High Boots, Black, 8 M US DisplayRock & Candy Spraypaint Foldover Ankle Boots, Taupe, 9 M US UsedCole Haan Women's Black Leather Zip Up Block Heel Ankle Booties US Size 9 BPOETIC LICENCE LONDON LEATHER BOOTIE 4" HEEL US 5.5M HOT SEXY RARE $139Sporto Womens Charley Square Toe Cold Weather Boots, Black, Size 9.0 IyAuItasca Thinsulate Lightweight Waterproof Women’s Boots Shoes Camo Size 7 , STYLE & CO Womens MIGHTY Black Tall Faux Leather Side Zip Boots Size 6M , Plus Size Women Pointy Toe Chic Stilettos High Heels Zipper Ankle Knight BootsLADIES CLARKS LEATHER SLIP ON LOW HEEL PREPPY LOAFERS SHOES SIZE GRIFFINNEW DANSKO WOMEN'S BELLE SLIP-ON SNEAKER CORAL FLORAL CANVAS 38 8 MEDIUM $100Corso Como/Anthropologie NIB Samuel Tall Riding Leather Boot 5 Jewel Sole Black , Muk Luks Boots Womens Nikki Pull On Belt Wrap TPR Sole Gray 0017088TORY BURCH reva Size 7M Black Leather Comfortable Ballet Flats Shoes For Women , J/SLIDES Womens 'Annabelle' Black Velvet Bow Round Toe Sneakers Sz 6 , Taryn Rose 7 Bryon Navy Leather Ballet Flats Gathered Toe Crossed Ankle StrapBURBERRY HODGESON IKAT SKY BLUE LOAFER us $350PRADA LEATHER FLATS WITH CRYSTALS , Klogs Austin Women's Leather Comfort Clogs Black Smooth - 9.5 Wide , Skechers Performance Women's Go Vulc Vulcanized Chocolate Fashion Sneaker 5M , Dr. Scholl's Women's Frankie Flat Black Patent Polyurethane Flats , Arnaldo Toscani Shoes Women Ballet flats White 87511 BDT SALE , Skechers Go Walk 3 Fitnit Extreme Womens Casual Slip On Shoes , SPERRY Top Sider Bahama Tan Leopard Sparkle Slip On Boat Shoes US 8 M NWB , New Women's Skechers 14480 GO Step Lite Lily Casual Ballet Flats Size 6 (L15)Women's Nina Women's Vinnie Flats , Women Pointed Toe Chunky High Heel Red Bridal Shoes Wedding Ankle Boots Bt15Spring Step Women's Nevena Slingback Beige Leather Slingbacks , 115))DANSKO BROWN MAHOGANY OILED LEATHER CLOGS PROFESSIONAL Women Sz 11.5-12 ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Women's Waterproof Wedge Platform Set Wedge Warm Ankle Boots Winter Autumn Warm Snow Shoes Set 5705843 Boots
Powered by VIP.