The Buzz
All markets and investing news all the time

Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13




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
Brand: Seychelles
Color: Brown Style: Fashion - Mid-Calf
Heel Height: High (3 in. and Up) US Shoe Size (Women's): 8.5
Material: Leather Width: Medium (B, M)

Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13
Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13 - 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%.

Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13 - hollisbaker.com
About This Author
Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13 - 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
 
Brinley Co Women's Avita Ankle Boot , Beverly Hills Polo Club - Short Brown Suede Boots (NEW)Women’s Warm Winter Faux Fur Tassel Knit Hidden Wedge Ankle Boots Size – AU 6.5Womens Size 5 B Cowtown Brown Lizard Western Cowboy BootsNEW $120 Steve Madden Women's Mina Boot Sz.7Women's Winter Warm Boots Thick High Heel Rhinestone Comfort Martin Manual Boots , ROCKPORT WOMENS BROWN SUEDE LEATHER ANKLE BOOTS SIZE 6M NICE! , BARE TRAPS RAMANI WOMEN'S BEIGE SUEDE COMFORT BOOTIES SZ 8M VERY GOOD+ COND. , Earth Origins Women's Danielle Suede Faux Fur Boots in Grey Size 10 , Nine West Zarras Size 6 M Tall Brown Leather Boots , Ladies Spot On Faux Suede Zip Up Ankle Boots with 5" Heel F50012 , NEW Burgundy Abound ankle Booties size 12 M , X1137- Ladies Black Synthetic Wellington Boots- Great Price , Babe Women 6910 Buttoned Fur Winter Boot Shoe, Brown, US 8 , Caterpillar CAT Paula Harness Boot Black P307122 Women's Size 5.5Easy Spirit Womens NIVEN Almond Toe Ankle Fashion Boots, Brown, Size 11.0 9KJt , Earth Women's Sage Leather Booties w/ Goring & Pleating in Black Size 8 BLADIES TRADITIONAL STYLE BLACK COWBOY WESTERN BOOT SIZE 5.5 M , Sexy Inner Zipper Platforms Knee High Go Go Dancer Heels Boots Shoes Adult Women , Spot On Ladies Black Ankle Boots Style F5482 , BOTTINES EN DAIM ALTERNATIF TAILLE : 37 MARRONS.ANN VALERIE HASH navy blue folded top pointy low ankle boots shoes EU36 US6 UK3Earth Origins Women's Derby Leather Shooties w/ Stitch Details Bark Brown Sz 7 , Womens Cape Robbin Nude Color Ankle Boots Size 7.5 With Chains & StudsNINE WEST "LANDING" BLACK LEATHER HIGH HEEL KNEE HIGH BOOTS WOMEN SIZE 8M , Earthies Women's Rialto Leather & Suede Booties in Black Size 9.5B , Hippie-05M Women D'orsay Slip On Open Toe Extreme Cut Out Ankle Flat Bootie WhiNew Women's Sam & Libby Watson Fringe Ankle Booties Boots 7 , Ann Taylor Loft Brown Leather Boots Size 10 Made In Brazil ,
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 Clarks womens solid black Everyday wedge heel booties 11 M 85140 EUCLONSOEN Kids Pull-on Winter Fur Ankle BootsToddler KDB007 Red CN28Anne Klein AK Andre Brown Leather High Heel Winter Fashion Boots Sz 9 , Bruno Valenti 4" High Heel Stilleto Black Leather Upper Boots Size 9 MBOO Collection BC5566 Knee High Boots 620, Black, 8.5 USWinter Ms. Pointed Head Low-heeled Elastic Band Rivet Leather Boots Ankle-highNWT CROCS CROCBAND AIRY BOOTS RASPBERRY pink / TURQUOISE blue 7 8 9 10 11 WOMEN , B35 Diandra Over The Knee Classic Boots, Malbec, 8 US , Steven By Steve Madden Freyaa Women's Brown Suede Open Toe Ankle Booties Size 8Antonio Melani Brown Leather Zip Up Mid Calf High Heel Boots Size 6M , LL BEAN Suede Power Modes Winter Womens Boots 9 M , Calvin Klein Soledad Suede Leather Boot Crepe Wedge Sz 6 Retail $220 , Spring Step Espirit Black/Brown Leather Flat Faux Fur Zipper Boots Sz 5-11Jessica Simpson Cobra Tall Foldover Boots, Brown, 6.5 US UsedNEW Jessica Simpson Marguerit Leather Studded Tassel Ankle Booties Black Size 6BP Womens Brown Leather Knee Boots 10 MTeal Blue Green Leather pointy Toe Flat in size 35 35.5 36 36.5Chinese Laundry Allure Heel Kristen Cavallari Boot Bootie Size US 6Vintage Bronco Style 1991 Womens Snakeskin print Cowboy Boots 8.5 DSteven Steve Madden Eragon Shoes Size 8 Brown Suede Wedge Mid Calf Boots , DANSKO WOMENS CLOGS PROFESSIONAL VIOLA PATENT SIZEDANSKO RED LEATHER MULES CLOGS SLIDES DRESS WORK SHOES WOMENS SZ 11.5 12Valentino Rockstud Allover Rouge Flat Cage , Skechers 46596 Brown Suede Sneakers Girls Rock Split Sole Shoes Women's 7.5 , Worn 1x Mercedes Castillo Amaia Flats Navy Leather 9 39 MSRP $298 , Sperry Women's Rosefish Leather Boat Shoe, Size  US 6 ,(STS97581)Drew Tulip Comfort Sneaker -Size 6.5WWREEBOK M40243 DANCE URRHY THMRS 3.0 Wmn's (M) White Synthetic Athletic ShoesWomen's Anne Klein Women's Fanetta Nubuck FlatsWomen's Easy Spirit Women's Jaiva Mule Boots
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Seychelles Brown Women Leather Zip Up Fashion Medium. Mid Calf Seychelles Boots Women Size 8.5 Medium. 6f72b13 Boots
5737870
6205127
7623997
9093824
11944143
14671650
15282888
18196934
18863950
Powered by WordPress.com VIP.