The Buzz
All markets and investing news all the time

Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2" stacked heel, Blackish Gold, Inside zipper c68a6b2

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: Excellent condition no holes, one scuff make on left heel, soles and heel look new
Style: Ankle Boots Material: Leather
Width: medium Pattern: solid
Brand: Cole Haan Occasion: versatile
Color: blackish gold Fastening: zipper
Heel Type: stacked US Shoe Size (Women's): 6M
Heel Height: Med (1 3/4 in. to 2 3/4 in.) Country/Region of Manufacture: China
UPC: Does not apply

Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2" stacked heel, Blackish Gold, Inside zipper c68a6b2 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2" stacked heel, Blackish Gold, Inside zipper c68a6b2
Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2

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%.

Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2" stacked heel, Blackish Gold, Inside zipper c68a6b2

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2
About This Author
Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2
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
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
EUC BANANA REPUBLIC WOMEN'S US 9M BEIGE LEATHER TOP PULL ON MID CALF BOOTS , French Connection Livvy Ankle Boots, Olive Branch Size 39.5 (9 US) , Candies brown ankle high heel boots, size 8.5 , NEW Arctic Cat Tall Men's Winter Boots-Black- SIZE 8 , NEW Carlos San Mystery Women’s Black Knee Suede Boot Shoes US Size 7 MTopshop Brown Distressed Leather Wood Chunky Ankle Boots 39 , Dolce Vita Orien Gray Suede Leather Tall Over The Knee Boots With Cuff 9.5Michael Antonio, Women's BROWN & GOLD GLITTER Boots, Knee High, Size 7.5MHigh (3 in. and up) Altuzarra for Target Ankle Boot- Black size 8.5 , Steve Madden BOXXER Copper Leather Buckle Heeled Knee High Boots Women's Sz US 8Women's NORTHWEST TERRITORY Duck Boots Size 7 Steel Shank MINTLUCKY BRAND "Hibiscus" Knee High Riding Boots Shoe Size 7.5NEW Corso Como Metropolitan Ankle Booties Grey Suede, Women Size 7.5, $198 , NEW Victoria's Secret Catalog Chinese Laundry Fallout Riding Boot - 6.5 - Black! , Hobbs Womens Tall Black Leather Boots Made In Italy Size 40 , Baretraps Women's Shoes Boots REAGEN Comfort Stacked Heel Black A12-06 , Lucky Brand ‘Salza’ Black Leather Side Zip Ankle Boots Women's Size 10 M , DVT-10A Dolce Vita Women's Tall Boots, Size 10M US , Public Desire Janine Over The Knee Boots Black Faux Suede us 7/7.5,Sam Edelman LOREN Black Leather Side Zip Knee High Boots Women's Size 7 M , EUC Nine West Mid-Calf Pull On Brown Leather Boots US 5MBOBS from Skechers Women's High Notes Wedge BootZNY-85 Zigi New York Women's Tan Leather Mid-Calf Boots, Size 8.5M USCape Robbin Athena Silver Booties NWOB Size 7.5 , Vince Camuto KOLTON Black Leather Pull On Mid Calf Boots Women’s Size 9 MEUC $178 Splendid Laventa Ankle Boot Latte Brown Suede Leather Stacked Heel 9.5 , Women's RED HEAD Duck Boots Shoes Size 9 MINT Steel Shank Superior Quality , Anthropologie Osborn Leather Indigo Tan Ankle Flats Boots size 6 $228 , Women's Michelle D Knee High 3" Heel Boots Size 8.5 (B,M) Dress black Leather ,
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 New Women's Fashion BOOTS Waterproof Snow Black Ridding shoe Ladies size 7C LABEL Fringe Black Suede Zip Block Heel Ankle Boots Size 10Women's, Ladies Wedge Boots, Shoes, Size 9 , Patagonia Women's Activist Fleece MOC Snow Shoe Size 8 Ships FreeWomen's Ariat Fatbaby Western Boots Shoes Sz 7B Ostrich Print Brown Leather , WEATHERPROOFWomens Mikayla Closed Toe Mid-Calf Cold Weather Boots,Black,Size 7.5Gray 1.5" Low Block Heel Combat Sexy Faux Leather Ankle Boot Size 5.5 , NIB ORTHOFEET Orthotic Shenandoah BLACK Hook & Loop STRAP Ankle BOOTS Size 8.5 M , SANTANA CANADA WATERPROOF WOMEN’S BURGUNDY LEATHER ZIP ANKLE BOOTS SZ 7TONY LAMA Womens Cowboy Boots Rich Cognac Brown Leather Western Riding Size 6.5A , Report Tessah Black Mid Calf Motorcycle Boots Women’s Size 6.5 M *Fly Loundon Womens hota Closed Toe Ankle Fashion Boots, sludge olive, Size 7.5 B , Donald Pliner Couture Pitone Reptile Leather Shoe New sz 6 Flat Slide $250 NIBLADIES SHOES/FOOTWEAR -Cabello shoe 5934 blackJoie Faux Fur Lined Mules 9.5Robert Clergerie Women's Jam, Dino Calf, 38 (US Women's 7.5) M , Cobb Hill by Rockport Womens Abbott Curvy T-Strap Sandal , WOMENS CONVERSE CHUCK TAYLOR ALL STAR RUBBER HI RISE BOOTS SIZE 5 M 549591C , DC Women's Heathrow SE Blue Print Skate Shoe 7M , Missoni Women's Flats Made In Italy Size 38 - Orange / PinkNEW $118 JCrew Gemma Cap-Toe Flats Bright Grotto Blue 10 shoe G08782Star Gold IT Shoes Women's 36 Low-Top Bronze , NEW Women's Nike Free 5.0 Vivid Purple/Orange/Black 724383-503 Size 9 Running , Brooks shoes womens 8.5 - sold out! , Louise Et Cie Womens Betha Fabric Low Top Slip On Fashion, Black/White, Size 9.5 , Women's WOMENS NEW BALANCE WL574CDC STEEL Athletic Shoes , Women's Valentino Peep Toe Flats FlatsWomen's Zara Mens Boot SZ 11.5 Boots , Womens 9 M Xappeal Taupe Gray Cuff Ankle BootsBørn - 9(US) - Pure Black Full Grain Leather Cayo Mules - New with Box!
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Cole Blackish Haan Ankle Boots, Boots, 6B, 2 1 Inside/2" stacked heel, Blackish Gold, Inside zipper c68a6b2 Boots
Powered by VIP.