The Buzz
All markets and investing news all the time

Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10

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 just tried on
Model: Ceylon MJ Pattern: Solid
Modified Item: No Country//Region of Manufacture: China
Style: Mary Janes Color: Black
Fastening: Slip On Occasion: Casual
US Shoe Size (Women's): 9 Brand: Merrell
Heel Height: Flat (0 to 1/2 in.) Toe Type: Round Toe
Material: Nylon Heel Type: Slim
Width: Medium (B, M) UPC: Does not apply

Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10
Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10 -

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%.

Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10 -
About This Author
Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10 -
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
Womens TORY BURCH bright orange leather ballet flats sz. 5.5 M $225 , Munro Coast Slip On Walking Shoes - Women's Size 9.5 W - BrownJ. Crew Women Blue Suede Penny Loafers Pointed Toe Slip On Casual Shoes Size 10M , Balenciaga Beige Arena Flats EU size 38 / US size 7.5 M made in Italy msrp $275NAOT Miro Slip On LOAFERS Womens size 37 / 6 Black Leather Flat Shoes New in Box , Miu Miu Black Satin, leather lined Ballet Flats w/rhinestone detail,sz. 34.5OLUKAI WOMENS PEHUEA PRINT DARK SHADOW MAGENTA SIZE 9.5Realize Red Black FS/NY Womens Flat , Women's Dansko Pro Brown Tortoise Shell Patent leather Clog Shoes 37 (US 7)OLUKAI WOMENS PEHUEA PRINT DARK SHADOW MAGENTA SIZE 6.5 , Dansko Jessica Slip On - Women's Size US:8.5-9/EU:39, BlackNew J.Crew Gemma Cap-toe Flats Vintage Champagne Sz 8 F4854Alegria Black Gracie Leather Jill Mary Jane Comfort Shoes 35 5 NEWYSL YVES SAINT LAURENT RED FABRIC POLKA DOT FLATS SZ 41Stubbs & Wootton Black Velvet Monkey Love Embroidered Slipper Womens Flats Sz 7L'artiste by Spring Step Clove Grym Brown Leather Hidden Wedge Shoes. Size 7.5-8 , Trask Ali Loafers - Women's Size 11M, BlackGentle Souls Haddie Rose Embroidered Leather Sneaker, 8.5 , NIB $120 Sam Edelman Lilly Nude LEATHER/TWEED/PATENT Flats Shoes Womens 8 MTod's White Driving Sneakers Sz 5 Owens Gommino Velcro Women’s Flat Shoes ItalyNEW Lilly Pulitzer LIA ESPADRILLE Gold Metallic Slip On Flats Shoes 6 7 8 9 10Elizabeth And James Womens E-Felix Slip-On Flat ShoeCole Haan Dellora Skimmer Pointed Toe Loafers 832, Marine Blue, 5 USFrye Lena Casual Slip On Shoes - Women's Size 6 M, Silver , Vaneli Womens Garen Black Lizard Patent Flat , Gabor Ballet Flat Womens Size 5 ChocolateNew w/o box J. Crew Gemma cap toe flats G0878 $118 leather blue navy shoes , NIB Dr. Martens AirWair Women's DARCY FLORAL BACKHAND PASCAL Size US 5 $SAS Women's Whisper Brown Leather Tripad Comfort Shoes Size 7.5S New in Box
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 Womens High Over The Knee Stretch Flat Zip Elasticated Leg Ladies Low Heel Boots , dan post ladies western cowboys boots size 6CALL IT SPRING COGNAC MARROTTE WOMAN'S BROWN HIGH HEEL BOOTS SIZE 7 NEW!Fergalicious Womens Bandana Fabric Closed Toe Ankle Fashion Boots, Doe, Size 7.0Madden Girl by Steve Madden Womens Size 9 WW Dominic Taupe Block Heel Bootie , Rocket Dog Women's Snowflake Pull-On Boot Red Northern Winds Size 7.5 M , Via spiga tall leather womens boots size 8NIB Charles Jourdan Ferris Women's Suede Fringe Heeled Ankle Bootie Grey Size 6Rebel by ZiGi Women's Nanon Block-Heel Booties GG8 Black Size 8 $69 , Weatherproof Alex Women Bootie (5.5M, Black)Tassels Women Over The Knee Boots Wedge Heel Thigh High Boots Snow Shoes WinterGiani Bernini $179 Black Leather Wide Calf Tall Boots ALLCOTT Women's 5.5 , DEMONIA Suede Platform Creeper Rockabilly Goth Womans Shoe CREEPER-101 Black , ALDO Women's Laori Boat Shoe - Choose SZ/ColorHOGAN WOMEN'S SUEDE SLIP ON SNEAKERS NEW H222 BLACK 906 , Helmut Lang Shoes La Garconne SSENSE Totokaelo FARFETCH , NEW COLE HAAN WOMENS WOMEN'S GRANDEVØLUTION WATERPROOF WINGTIP OXFORD - BLAC... , ROGER VIVIER 'belle vivier velvet ballerinas' flats buckle fabric satin black 38813 Tory Burch Reva Black/Silver Leather Scrunch Collar Flats Women's Size 7.5 M , Ladies Rieker 46324 Casual Flat Shoes , SOLE Women's Beach Flip Blush Thong Sandals , GEOX J KILWI Womens shoes J82D5H-007DW-C8011Skechers BOBS Womens Sparrow Sneaker- Select SZ/Color. , LifeStride Women's Nexus Fashion Sneaker, Dark Grey, 6 W US , Saucony Ride 5 Women's White Blue WORN ONCE Tennis Shoe Run Sneakers Train Sz 6Oakley Slip on Loafers Casual Tennis Shoes Size 9 Medium No tie Boat shoes , Women's Nine West Women's Nanshe Leather Comfort ShoesWomens Fur Lining Buckle Strap Chukka Block Heel Faux Leather Thigh High Boots , Charles by Charles David Womens Vera Boot Taupe Suede Size 7.5 M EUCMBT Womens SpeedSlip on W Sneaker- Pick SZ/Color.
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Merrell Ceylon MJ Merrell Mary Janes On Women's Shoes size 9 M Black Casual Slip On Shoes 475da10 Flats
Powered by VIP.