The Buzz
All markets and investing news all the time

Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7

Item specifics

Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
Style: Booties
Occasion: Casual Heel Height: High (3 in. and Up)
Brand: Vince Camuto US Shoe Size (Women's): US 8.5
Heel Type: Block Material: Leather
Country/Region of Manufacture: China Width: Medium (B, M)
Toe Type: Round Toe Pattern: Solid
Accents: Buckles Fastening: Zip
Boot Shaft Height: Ankle Color: Brown

Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7
Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7 -

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%.

Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7 -
About This Author
Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7 -
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
Seychelles So Blue Bootie, Women's Size 8.5, BrownFrye Melissa 77120 brown leather & canvas riding boots Size 6.5 , Hunter Boots for Target Dipped Canvas Hightop Sneakers Black Men 6.5 Women’s 8.5 , Cole Haan Boots Booties Tan Beige Heeled Women Size 9.5 Maria Sharapova , BORN 'Cross' Bootie, Distressed Brown suede, size 7 M , BORN Women's Size 7.5 / 38.5 Brown Leather High Ankle Boots Size Zipper 3" Heel , Franco Sarto Women's Brown Leather Wide Calf Cricket Riding Boots Shoe Sz 6 M , Vince Camuto Signature Women's Sarla Suede Ankle Boots Shoe Size 6.5 M NEW!NEW ROCK Originals GOTHIC CHUNKY ZIP METAL chains BOOTS Sz 39 - 40 / 8.5 - 9Nine West Quicksand Almond Toe Booties - Women's Size 8 M, Brown , Vince Camuto Signature Women's Black Galahad Ankle Boots Shoe Size 8.5 M NEW!No 704b Erika black heeled booties Sz 37 1/2 womens 7.5 strappy ankle bootsWomen’s Aldo Cowboy Boots 39 Beige Natural Western Slouch Distress Heeled US 8.5 , St.Sovino Evins Women's Boots Italy Black Suede 8M , NIB Charles Jourdan Ferris Women's Suede Fringe Heeled Ankle Bootie Grey Size 6 , Womens Winter Boots Waterproof Suede Leather Fur Warm Insulated Zipper Snow ShoeBareTraps Yalina Flat Riding Boots, Brush BrownSalomon Women's Snow Boots Size 7.5 Leather Purple High Top Winter Outdoors HikeFS-04A Franco Sarto Buckeye Women's Tall Black Leather Boots, Various Sizes, NEWBorn Womens Size 6 / 36.5 M/W Black Leather Side-Zipper Knee Boots (15") W3266 , Lucky Brand Terrace Iron Leather Stud Ankle Boot Platform Tan Size 7VINCE CAMUTO Black Leather Zip Buckle Mid Calf Fashion Boots Size 8 B Shada EUCWomens 8.5 M Blondo Canada Malak Tan Sheepskin Shearling Fur Boots Waterproof , EUC Ariat Western Womens US 10B Medium Tracey Pull On Dust Brown Boots 10008628 , Nicole Mambo Charcoal Booties Size 9.5 , Dansko Women's Michelle Milled Nubuck Olive Ankle Boots Leather Buckle Size 36 , Dr. Martens Brown Leather Boots Chunky Oxford Shoe Women's US 6 8B68 No SlipWomen's Larado Brown Leather Western Cowboy Boots Size 8M , Preowned Western Women’s Cowboy Boots gypsy junk 7.5 ,
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 Easy Spirit Women's Landslide Snow, Winter Boots Dk Brown Suede Faux Fur 7MWOMEN SHOES FRANCO SARTO BOOTS Size 7.5M BROWN LEATHER BRAZIL.EUC Sporto Black Patent Insulated Boots Crinkle 7.5 M Winter Funky Furry Warm , DONALD J PLINER BLACK ANKLE BOOTS Size 61/2 MLucky Brand Womens Jakeela Beige Suede Booties Shoes 6.5 Medium (B,M) BHFO 3693Woman boots Pons Quintana Made in Spain, 4523 Cuero, size EU38 , Steve Madden Pondrosa Tall Knee High Boots Gray Suede Slouch Work Size 10Anne Klein Women's JEANNIE Ankle Boot 5 M DARK TAUPE AK Booties NWB , Steve Madden Womens Boots Tall Riding REX US 6.5 M Brown Leather Red Zip BuckleL'Artiste by Spring Step Womens Leather Boots Fernis Brown Multi 37 US 7 , HOT Sam Edelman Women's Leather Slouchy Motorcycle Steampunk Boots Size 9.5 GUCSteve Madden Tropa 2 Black US 6Sperry Top-Sider Dunefish Leather Gold Boat Shoe STS99244 NIB Sz 9 MI35 Delisa2 Embroidered Over The Knee Boots, Black, 6 USAriat Heritage Western X Toe-W Toe Boot- SZ 7B , Corral Circle G Women's Western Cognac Studs Shoes P5224 , Fidji Shoes V437 Leather Oxfords, Women's - Size (US 9), Green/Grey , Aerosoles Women's Trend Setter Slip-On Loafer, White Blue/Multi, 6.5 W US , New Women's Clarks CLOUDSTEPPERS Sillian Stork Sand Size 7 , Fitflop Womens Uberknit Ballerina Crystal Ballet Flats 7.5 Medium (B,M) 7244 , Sudini Footwear Women's Simmi Ballet Flat Lilac Nubuck , ASICS GEL-Nimbus 19 Glacier White 9693 Running Shoes Women Size 8.5 New , Original Kitson Smile 34521 BKPK Casual Women ShoesNew Women's Skechers 12492 Empire Big Winner Slip Ons - Gray Size 7.5 (F20)Women's K-Swiss Women's aeronaut Sneaker Athletic Shoes , Women's NEW STEVE MADDEN WOMENS VALENT-L FlatsWomen's LUFTPOLSTER LEATHER BOOTS SZ 6 BootsToni Pons Women's Nuria Navy Espadrilles , CLARKS Women's Un Spirit Slip-On Loafer , Reebok Steady Stride II Womens J16774 Black Grey Leather Walking Shoes Size 6.5 ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Vince Camuto Dasia Brown Pebbled Leather High Leather Boots Booties Women’s Zip 8.5 Zip High Heel cdf11b7 Boots
Powered by VIP.