The Buzz
All markets and investing news all the time

Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb




Item specifics

Condition: New without box :
A brand-new, unused, and unworn item (including handmade items) that is not in original packaging or may be missing original packaging materials (such as the original box or bag). The original tags may not be attached. For example, new shoes (with absolutely no signs of wear) that are no longer in their original box fall into this category. See all condition definitions- opens in a new window or tab
Seller Notes: n/a
Brand: Ziginy Heel Height: Flat (0 to 1/2 in.)
Style: Olaa Material: fabric
Model: Olaa US Shoe Size (Women's): 6
MPN: Does Not Apply Boot Shaft Height: 19
Width: Medium (B, M) Calf Width: Normal
Color: black UPC: 630260475227

Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb
Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb - 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%.

Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb - hollisbaker.com
About This Author
Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb - 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
 
Karen Scott New Davina Brown Womens Shoes Size 6.5 M Boots MSRP $79.99Style & Co. New Witty Brown Womens Shoes Size 6 M Boots MSRP $69 , BareTraps New Dallia Brown Womens Shoes Size 8.5 M Boots MSRP $109 , H By Hudson Apisi Womens Size 7 Beige Velvet Suede Booties X12-1633COLE HAAN AIR Green Olive Suede Wedge N I K E Air ON ANKLE BOOTS WOMEN'S 8.5 , BareTraps New Yaegar Gray Womens Shoes Size 5 M Boots MSRP $109 , Seven Dials Teresa Black Womens Shoes Size 7.5 M Boots MSRP $69 , Rialto First Row Brown Womens Shoes Size 10 M Boots MSRP $89 , ANA Women Knee-High Boots Size 6.5 M Black Leather , Easy Spirit New Badge Beige Womens Shoes Size 7 W Boots MSRP $66 , LAM Black SUEDE BOOTS FAUX FUR Lined FOR WOMEN SIZE 11Womens Arturo Chiang Black Boots Size 6.5 , Adrienne Vittadini Tino Gray Womens Shoes Size 10 M Boots MSRP $149Report Womens Black Rachael Ankle Boots Shoe Size 7.5 M , Style & Co. FRIDAA Women's Boots BarrelSperry Top Sider Womens Falcon Green / Plaid Rain Rubber Boots w/Buckles - SZ 8MS.C. Witty Winter Boots, Brown, 6 US DisplayAuditions Leather Boots Madison Mid Calf Block Heel 470027 Black Sz 7 N Narrow , Style & Co. Arianah Gray Womens Shoes Size 10 M Heels MSRP $69.99 , CLARKS Artisan Dara III Black Leather Women's Ankle Boots 32467 Size 6.5 XW , BareTraps Dallia Black Womens Shoes Size 5 M Boots MSRP $100Bearpaw Womens Chestnut Quilted Leigh Anne Buckle Winter Boots Shoe Size 6Madden Girl Womens Black Stretchy Farrley Ankle Boots Shoe Size 8 M , Pink & Pepper Alabama Brown Womens Shoes Size 7.5 M Boots MSRP $59Rock & Candy Womens Tavin Ankle Boots Brown Shoe Size 10 M , Easy Street Womens Black Dawnta Ankle Boots Shoe Size 7.5 MLaredo Womens sz 6.5M Cowboy Boots 6923 Brown Leather Western Cowgirl Roper , NEW PENNY KENNY Womens Long Black Leather Boots Size 6 1/2 Gold Zip Dress Shoes , Rampage Womens Black Ireena Wide Calf Riding Boots Shoe Size 6.5 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 Dan Post Black Leather Cowboy Western Boots Womens Size 6.5 M Style 4208 USA , U.S. Polo Assn Women's Beige Ankle Bootie Faux Suede Size 9.5Colin Stuart Knee High Ladies Boot With Faux Snake Skin Tip(sz8/Euro 38-39)BROWN , $185 NEW Type Z Pinely Womens Black Boots Size 5.0 M , Roper Womens Faux Leather Gold Stud Cross Snip Toe Western Cowboy Boots Sz 6.5 , De Blossom Collection Black Snow Sexy Knee Boot Warm Lining Size 6.5Easy Street Womens carrigan Fabric Peep Toe Ankle Fashion Black Size 10.0 WoEY , patrizia pepe Bottines , Bottes En Daim Bleu Neufs T 37 , Reba Size 7.5 M Biker Brown Leather Mid Calf Cowboy Boots New Womens Shoes NWOBGuess 'Herley Wide Calf Riding' Dark Brown Women's Boots US 8.5 M , Rachel Roy Womens NWB Rfrolettah Black Leather Wedge Boots Shoes 5.5 MED NEW , Chooka Tall Rain Boots Flower Bed Rare, Pull-on floral print Size 8 EUCTeva Foxy Mid Calf Black Olive Waterproof Leather Boots Womens Size 7 , Vintage Women's BATES FLOATERS Wool Lined Chukka Boots Shoes Made in USA Sz 7 , WOMENS DOLCE & GABBANA BLACK PULL-ON/ BOOTS SIZE 36 1/2CL by Chinese Laundry Sheer Bliss Heeled Boots, Original Black, 8.5 US / 39.5 EUbottines now cuir marron et métal pointure 36 , J. Crew Roxie Ankle-Cuff Tassel Pumps, Size 6.5Amalfi by Rangoni Marzo Flat - Women's Size 10M BrownJeffrey Campbell Black Buckled Flat Loafers Oxfords Cutout Patent Kelmore 8 8.5NIB Celine Gold Grommet Stud Black Flat Shoes 39.5ECCO WOMEN'S GILLIAN, OPEN BACK SLIP-ON FLAT SNEAKER SHOEVionic Women's Rest Claire Slip-on Mule Black 9 M , NEW Sanita Women's Original Pro Cabrio Clogs - Bordeaux - Size: 8.5Adidas G62758 Adizero Boston 3 Running Training Shoes Sneaker Pink Silver WomensWomen's Rivets Pointed Toe Suede Sneakers Leather Wedge Oxfords Loafers Shoes Sz , MINT MIZUNO Wave Rider 19 Womens 10.5 MED $120 Charcoal grey/Mauve pink , Women's TBS Juline Gris FlatsWomen's Tall boots BootsNEW Women's Comfort Faux Suede Round Toe Flat Mid-Calf Boots Shoes Size 5 - 10 ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Ziginy M New Olaa Black Womens Shoes Shoes Size 6 M Olaa Boots MSRP $59 72a0abb Boots
926205
1893566
1952536
4867499
7674691
10173132
11479979
13586190
15000873
Powered by WordPress.com VIP.