The Buzz
All markets and investing news all the time

MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c




Item specifics

Condition:
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Color: Black
Heel Height: High (3 in. and Up) Material: Leather
Width: Medium (B, M) Brand: Musse & Cloud
Heel Type: Block Style: Ankle Boots
Fastening: Pull On Pattern: Solid
Country/Region of Manufacture: Spain

MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c
MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c - 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%.

MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c - hollisbaker.com
About This Author
MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c - 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
 
NEW Women's FRYE BRIELLE ZIP PEEP BOOTIE, Wine, Sz 8.0 M, $298 retail , NEW* TEVA Delavina ANKLE BOOTS SHOES LEATHER 8.5 $120 Retail Black SuedeJUDARI Bottes Cavalières Tout Cuir Petits Talons T 38.5 TBEBed Stu Womens Tess Tall Riding Boot - Black Glaze Size 9 w/ defect , WHITE PATENT LEATHER BALLET PUMPS SIZE 6-16 HEEL-8,1'- PRODUCER - POLAND FS1251Wolverine W02673 - Women's Ayah Peak AG Composite Toe , Flamingo 891 Black Vegan Suede 8" High Heel Platform Shoe With Ankle Cuff 5-12 , Zara Basic Collection US 6 medium brown leather low heel knee high boots , Lolita Punk Gothic Cosplay Platform Flame Bottom Ankle Boots Shoes 5215n , Double H Tall Cowboy Boots Fawn Brown Leather Stack Heel Woman's 5.5 , Teva ~ Zermatt Waterproof Women's Winter Boots $130 NIB , BLACK OR RED LATEX RUBBER BALLET PUMPS SIZE 10-16 HEEL-8,5' - PRODUCER POLAND , Columbia Women's Powder Summit II Mid Winter Boots Size 7.5 , One Teaspoon Paradise Rock Ankle Boots New sz37 fits best sz38 , Delman Shea Ankle Boots Booties Womens 9.5 Brown Leather Flat Stacked Heel ZipMarc Fisher Monica Black Suede & Stretch Over the Knee Boots NEW , Tory Burch Black Suede High Heel Ankle Boots/Booties, Wm's Sz 9 MNWT Vince Camuto Burgundy Pemmey Leather Ankle Boots Size 7.5 Reg $235 , Donald J Pliner Nellie-RDD Knee-High Boots 6MBLACK-RED PATENT LEATHER BALLET PUMPS SIZE 7-16 HEELS-8,5"- PRODUCER- POLANDAHNU MONTARA II WOMEN HIKING SHOES LEATHER BLACK US 8 ///JP 25New Dr. Martens Darcy Floral Telkes Women BootsWomens Vintage Justin Roper Black Cherry Leather Cowboy Boots 6 B NEW In Box , ZARA $119 AW16 HIGH HEEL REAL LEATHER ANKLE BOOTS WITH STRAPS 6.5, EU37 6138/101Steve Madden Womens Woodstck Fringed Heeled Ankle Boot Shoes, Cognac, US 9 , BRAND NEW WOMENS NINE WEST BLACK LEATHER ZIPPER MID CALF BOOTIES SIZE 10 1/2 , Gentle Souls Black Leather Slouchy Knee High Boot Shoe Size 7.5 , Clarks Riddle Muse Brown Leather Ankle Boot NEWWOMENS VTG HH DOUBLE H TALL TAN COGNAC CAMPUS LEATHER COWBOY WESTERN BOOTS 8 M
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 SEXY VINTAGE 70s FRYE LEATHER LADIES COWBOY BOOTS 5.5 BBearpaw Bethany 99 Quilted Short Winter Boots, Black/Grey, 6 US / 37 EU Used , Womens Spot On British Flag Gusset BootsSPERRY TOP SIDER BLACK QUILTED PULL ON RAINBOOTS WELLIES sz 6 new $120 , Journee Collection WC Lawren Riding Boots Black Size 9.5Ladies Leather EASY B wide fitting ankle boots style BELL , BORN Black Leather Side Zip Ankle Boots Booties Buckle Boots 6M (G8)Sperry Coil Hook Suede Bootie - Women's Size 7.5 M, Dark BrownCroft & Borrrow Women's Brown Leather Zip Up Mid-Calf Boots Size 9BOC BORN CONCEPT D'Orleans Size 7 Zip Cap Toe Black Shoes Bootie Slip-On Leather , Impo Womens espie Suede Almond Toe Ankle Fashion Boots, Black, Size 9.5 YJef , Anthropologie Seychelles Grey Leather Ankle Boots size 7 $150 , Love Moschino White Trainer JA1506 - New in Box , Tod's Italy Size 38.5 Ballerina PELLE Accessorio Clamp Black Leather Flats , Womens Dansko Professional Floral Metallic Patent Casual Clog 506960202 Sz 37-41 , J.CREW BRAND NEW (NINB) FABRIC EMBROIDERED FLATS STYLE LOAFERS , Bravo Java Women's Navy Blue Leather Cuban Heel Moccasin Penny Loafers Sz , Pikolinos Shoes Sandals Wedge Heels Strappy Multi-Color Womens Sz US 8-8.5 , BNIB Christopher Kane Embellished Black Leather Loafers 36 , Haflinger GZL42 Unisex GZL Leather Trim Grizzly- Choose SZ/Color. , Tod's XXW0MA05300BR0B001 Loafers Women's White USNIKE Women’s “Revolution 3” White/Gray Running Shoes Size 7.5 , Womens Casual shoesRose High Platform Wedge heels Slipper Mules Sneaker Shoes NwIvanka Trump Women's Nallis Oxford FlatBed Stu Women's Darla Sand Rustic Loafers 9.5MJ.CREW GEMMA FLATS IN COLORFUL BRUSHSTROKE PRINT SIZE 8,5M GREEN MULTI F5522New Nike Men's Downshifter 6 Running Shoes size 10.5 , Easy Spirit Women's Ap1 Walking Shoe, Pink/Multi Fabric, 8.5 M USNew Womens Platform Over the Knee Thigh High Slim Stiletto Heel Boots NewDansko Professional Clogs Black Tooled Leather US 9.5-10 *Fantastic!* ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
MUSSE & & CLOUD JENCI BLACK BOOTIES GORE ANKLE BOOTS BOOTS BLACK DISTRESSED LEATHER NEW 364b80c Boots
1204932
2995281
3018303
3382172
3507634
6332412
9573427
10101976
13543609
Powered by WordPress.com VIP.