The Buzz
All markets and investing news all the time

Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49




Item specifics

Condition: Pre-owned :
An item that has been used or worn previously. See the seller’s listing for full details and description of any imperfections.See all condition definitions- opens in a new window or tab
Seller Notes: Very good, Please read full description
Modified Item: No UK Shoe Size (Women's): UK 5
Country/Region of Manufacture: China EUR Shoe Size (Women's): EUR 38
Style: Ankle Boots Color: Brown
Boot Shaft Height: Ankle Occasion: Outdoor
US Shoe Size (Women's): US 7 Brand: Dr. Martens
Material: Leather Toe Type: Round Toe

Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49 - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49
Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49 - 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%.

Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49 - hollisbaker.com
About This Author
Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49 - 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
 
Texas Brand Women's Brown Cowboy Western Boots Size 10.5DTommy Hilfiger Xenon 2 Knee High Boots - Women's Size 8 M, Cognac MSRP $120 , Unisa Teylor Wide Calf Brown Chain Accent Tall Riding Boots. Size 7.5 M . , Aerosoles Ride With Me Boot • Women's Size 7.5 M, Brown MSRP $120Banana Republic Brown Leather High Heel Booties 9 Career Cocktail Excellent , Qupid Women's Active-11 Boot, Black, 5.5 M USB35 Dani Faux Buckle Zip Up Block Heel Boots 384, Oxford Brown, 5 US / 35 EUSteve Madden Boots Ashleey 9.5 Wedge Heels Black Suede Leather Womens Solid , Not Rated Yamila Boots, Women's Size 9, TaupeFRANCO FORTINI WOMEN SIZE 8 BLACK LEATHER RIDING STYLE BOOTS KNEE HIGHNaturalizer Zarie Women’s Nickle Leather Heel Ankle Booties US 10.5 M Shoes A828 , A2 by Aerosoles Ride With Me Boot - Women's Size 8 M, BrownJeep J-41 Kansas Weather Ready Vegan Boots Women's size 9M EUC , NEW CROCS LODGEPOINT PULL-ON BOOTS, BERRY LEOPARD PRINT, WOMENS SIZE 8 , Report Rajin Peep Toe Booties - Women's Size 7, TaupeTony Lama Women's Genuine Leather Cowboy Boots 6.5 Purple Maroon Brown Cowgirl , NEW PENNY KENNY Faux Black Cowboy Leather Boots Size 6 Biker Buckle Womens ShoesPaprika Sandra Faux Leather Closed Toe Over The Knee Open Cuff Dress HighDonald J. Pliner Brown Leather Trim Booties Size 10MWomen's Size 8M Charles Albert Amber Fashionable Hiking Trail high-top Boot , Italian Stretch Snake Print Boots Knee High Black Gray Sz 10 (40) HeelsXOXO New Karol Black Womens Shoes Size 9 M Boots MSRP $69Womens Western Mule Boots Shoes by Star Boots Crazy Horse Miel W8105 Size 8.5 M , DINGO COWGIRL WOMENS BOOTS BUCKSKIN SUEDE BEADS CONCHOSClarks Artisan Womens US 9M Brown Leather Ankle Boots Single Buckle Side Zip EUCTommy Hilfiger Womens Boots Sz 10 M Brown Leather Buckle Strap Zip Mid Calf HeelAnn Taylor Black Midcalf Boots Sz 7 Vintage Leather , Women's Vince Camuto Over Knee Boots Size 6M Brown Distressed Boots Metal W4White Mountain Layton Boot - Women's Size 9.5M Wide Calf Black ,
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 Tony Lama Womens Brown Leather Western/cowgirl Boots Size 8 A , Aerosoles Grey Front Zip Ankle Boots Size 10*I-N-C INTERNATIONAL CONCEPTS* SIZE 9M WOMEN'S BLACK LEATHER HEEL ANKLE BOOTSDearfoams Womens Dearfoams Closed Toe Ankle Cold Weather BootsSO Jolie Tall Black Boots Womens Sz.6 Foldover Design Supertall Shaft , WOMENS DINGO BRN LEATHER SLOUCH BIKER MOTORCYCLE COWBOY WESTERN BOOTS SZ 7 M 7MRampage Womens Boots Trixen Round Toe Black Suede Mid Calf Boot 8.5,10,11 , Steven By Steve Madden Freyaa Women's Brown Suede Open Toe Ankle Booties Size 10Aerosoles Money Role Engineer Black Lizard Boot US 11M$189 BCBG BCBGeneration Womens BG-Bekki Western Cuff Bootie Shoe, Black, US 6.5 , Womens Steve Madden Boots Lokola Black Leather Faux Fur Winter Booties 6.5 RARE!ZARA NEW NAVY BLUE SATIN OVER THE KNEE HIGH HEEL BOOTSAriat Fat Baby Leather Suede Croc Black Beige Cowboy Western Boots Size 7.5 , Carlos by Carlos Santana Womens Helene Fabric Cap Toe Ankle Grey 21 Size 7.5 hNew SFD Women's Mid Calf Arctic Warm Side Zip Water Resistant Snow Boot 7.5 Gray , Kodiak Women's Muskoka Black Boot 6M/6.5MBally ballet flats, black leather, women's shoe size US 8.5 $450 , Softwalk Women's High Point Mary Jane Flat, Cognac, Size 9.5AGL Attilio Giusti Leombruni Loafer with Bow US 8 Black Flats MSRP $355 , Womens MEPHISTO LILOU 226164 black leather Mary Jane shoes sz. 7.5 NEW! , Salvatore Ferragamo Leather Brown Monk Strap Shoes Women’s Size 7 Made In Italy , Forever Link Women's Classic Slip-On Comfort -01 black Fashion Sneaker , STEVEN by Steve Madden Women's Laguna Sneaker, Grey, Size 7.5 , � Dr. Martens Doc England Rare Vintage Gaucho Steel Toe Mary Janes UK8 US10 � , FABIO RUSCONI Shoes 003478 Black 35 , Skechers Sport Women's Elite Synergy Fashion Sneaker - Choose SZ/Color , Women's CLARKS Women's Glick Harvest Flat Flats , Women's Helen's Heart Black SHOES Boots , Womens Flats Leather Skidproof Nursing Shoes Hospital Nurse Footware Work ShoesSaucony Women's Excursion TR11 GTX Running Shoe, Grey Purple, 7 Medium US
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Sz 7 Dr. Martens Brown Leather Ankle Boots Women's Ankle Brown Women's Floral Round Toe 12281 14f6d49 Boots
3572501
4725547
6347118
8414102
11127706
16008843
16541294
17932622
18601729
Powered by WordPress.com VIP.