The Buzz
All markets and investing news all the time

Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c




Item specifics

Condition:
Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and ... Read moreabout the condition
Fastening: Lace Up
Width: Medium (B, M) Style: Running
Activity: Running US Shoe Size (Women's): US 10
Pattern/Texture: Textured Product Line: Cool Max w/DLS foam
Features: Lace-Up Heel Height: Flat (0 to 1/2 in.)
Color: Multi-Color Material: Synthetic
Brand: FILA

Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c
Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c - 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%.

Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c - hollisbaker.com
About This Author
Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c - 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 Nike Shox Size 8.5 US Gently Used Running ShoesNew Balance Vongo Women’s Running Shoes Size 8Nike Rival Waffle XC Racing Shoes Women’s Size 10.5Womens Girls Casual Flat Slip On Canvas Plimsolls Loafer Sneakers Creepers Shoes314 NEW Aquatalia Glenda Black Velvet Low Top Sneakers Men's Sz 7 M , Women Casual Canvas Shoes Wedge Heels Breathable Running Platform Shoes Creepers , Wholesale Women's fly knitting Breathable Running Sports Casual Sneakers ShoesAsics Gel-Kayano 23 T696N Silver Pink Athletic Running Shoes Womens Size 9New Balance "411" - Women's size 9 Tennies , Converse Jack Purcell Women's 5.5 Black Leather Athletic Sneakers Tennis ShoesAsics Sakurada 'Onitsuka Tiger' D2P7N-3201 Womens Trainers~Only , Womens Blue LEVIS Lo Top Patriotic Stars Athletic Sneakers US Size 7.5Nike Flyknit Air Max Womens 11 (mens 9.5)Womens Sneakers Canvas High Top Shoes Zip Plimsolls Platform Ankle Boots F186 , Womens Pump Rhinestone Tassels Sneaker Running Athletic Sports Shoes Chunky Sz@NIKE WOMENS ZOOM VOMERO 8 SIZE 9 BLUE 642196-400 RUNNING CROSS TRAINER SHOESize 9 Red Women's Nike Basketball Shoes , Nike Shox Black & Blue Running Shoes 356918-044 Womens Size 8 US 39 EURAltra Torin 2.5 Women’s Size 7.5Katy Perry Womens the heart sneaker Leather Low Top Slip On Fashion SneakersSuperfeet Women's Fir Causal Shoe Color Bungee Cord Size 8.5 New In Box , 02-3493 Women's ECCO Aspina GORE-TEX Walking Size 40/9-9.5 , womens nike free run 5.0 Size 6 Green Yellow Blue , Women Embroidery Floral Canvas Sneakers Hidden Heel Boat Shoes Sports_US11 Ths01Mizuno Men's Wave Inspire 13 Running Shoe, Silver/True Blue/Black, 9.5 D US , 2018 Outdoor Athletic Women Speedcross 4 Salomon Running Hiking Sneakers ShoesWomens shoes Platform Creeper Breath Wedge Hidden heel Sport Sneakers White US 8Asics Gel Womens Trainers~RRP .99 NOW ONLY .99~2 COLOURSRUNNING TRAINERS WOMEN WALKING SHOCK ABSORBING SPORTS FASHION SHOES SIZE
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 Womens boots Maurices Mid Size 8 Tan Nice Leather LookMunro American Ankle Boots Women's Fashion Brown Leather Zipper 2" Heel Sz 8.5 N , $129 size 7.5 Alfani Jadah Black Knee High Riding Boots Womens ShoesDbDk Ladies new Tan round toe buckles zip Sexy Knee Boots Womens Size 7 , Vtg Hipoppotamus Women's 8 B Cowboy Leather Made in Brazil Roper Boots Brown , Jcrew Womens Rain Boots Wellies Dogs Size 9 Navy Blue , $298 BCBG BCBGMAXAZRIA Womens MA-Dorota Faux Fur Zipper Boot Shoe, Black, US 6.5 , Caterpillar 'Restless Walala' Platform Shoes sz 6.5-9.5 , Club Womens Trendy Warm Slouch Slim Over Knee Boots Pull on Sexy Pointy Toe PumpVera Wang Lavender Motorcycle boots with Buckles Distressed Black 37/6.5MLuxe Giuseppe Zanotti Ladies Size 7 Gold Metallic Leather Ankle Booties,ItalyEtienne Aigner Kalib Brown Leather High Heel Knee High Riding Boots Size 8.5L'Artiste by Spring Step Womens Leather Boots Burlesque Natural 37 US 7 , Anthropologie KMB Women's D'Orsay Allons Leather Cut-Out Oxfords Flats $118 7 37CASTANER Yellow & Tan Amarillo "Felisa" Flat Loafer Size 36 NIB $285 , New Wolky Pichuin blue circles sandal size 39 7.5/8 US , ALEGRIA PAL-522 PALOMA SNAKE LUSTER WOMEN’S U.S. 6M , Naot Slip On Mary Jane Slides 39/8 Navy Blue Leather , HOGAN WRAP 144 WOMAN FLATS BALLERINAS SHOES CODE HXW1440G97049G0K8ASesto Meucci Womens Evonne Flat- Pick SZ/Color. , ASICS Womens Gel-Nimbus 19 Carbon/White/FlashCoral Running Shoes Size 11.5Skechers Women's Go Walk Lite-15410 Loafer FlatTaylor Swift, Keds, WF46856M, Teal/White, Dots Sneakers, US 6.5 Eur 37 , Skechers 73571 Street Womens Side Street-Smooth Over Fashion SneakerSugar Women's Genius Casual Fashion Sneaker, Patchwork Denim, Size 6.5 , Reebok Classic Leather CL Pastels Women's Shoes BD2771 BD2772 BD2773Women's KICKERS Pluz Navy Flats , Women's CATERPILLAR WOMENS COAX BOOT #P309038 Boots , Sugar Tondrum Boots, Women's Size 8.5 M, BrownWomens Chunky Super High Heels Platform Zip Nightclub Ankle Boot Suede Shoes NW
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Fila running gray purple synthetic leather P1 Cool 10 max DLS foam running shoes 10 EUC P1 a4dd68c Athletic Shoes
1887945
2603264
4724392
8543740
8659987
11721334
12495449
18255627
18760593
Powered by WordPress.com VIP.