The Buzz
All markets and investing news all the time

Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432

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 Pre-Owned Condition.
Country/Region of Manufacture: China Pattern: Solid
Style: Ankle Booties Fastening: Zip
Heel Height: High (3 in. and Up) Color: Black
US Shoe Size (Women's): 8 Occasion: Casual
Material: Synthetic Leather Brand: Rebels
Width: Medium (B, M) Heel Type: Block 3 1/4 In
UPC: Does not apply

Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432 -

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432
Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432 -

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%.

Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432 -
About This Author
Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432 -
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
Indigo Rd. Womens veraly Leather Closed Toe Ankle Fashion Boots, Black, Size 6.0vtg Lands End Canada~Strappy Black Leather Riding Boots flannel lined 7.5 WideMinnetonka Womens 189 Black Suede Fringe Back Zipper Boot Softsole Boot 4M New , Pour la Victoire Red Patent Leather Peep Toe Ankle Bootie Size 8.5Rock & Candy by Zigi Spraypaint Combat Ankle Boots Natural Size 6.5Taryn Rose Brown Suede Slip On High Slim Heel Round Toe Ankle Boots Size 7 , ACTON Women's Snow Boots Acton - Prizm 8004J11 Size 2Brinley Co Women's Zelda Ankle Boot Tan Size 9.0 , Edge Brown Leather Embellished Round Toe Mid Calf Boot Size 10LEI Shirah Women's Yellow Leather Block Heel Platforms Ankle Booties Size US 9.5 , House of Harlow 1960 Black Leather Platform Heeled Booties Boots Size 39.5 9.5 , SPORTO LORI Leather Brown Fleece Short Warm Ankle Boots Booties Western 8.5m , Aerosoles Womens Boomerang Closed Toe Ankle Fashion Boots, Black, Size 5.0Donald J Pliner Black Leather Mid Calf Boots Size 35.5 5.5Kensie Hunter Women's Brown Leather Zip Mid Calf Boots US Size 7 MWide Buckle Strap Pointed Toe Stiletto Knee High Pirate Boots Shoes Adult Women , Enzo Angolini Karissa Women's Brown Leather Block Heel Knee High Boots Sz 6.5 MNEW Womens TEK GEAR HAZEL MELON Ankle Slip On Boots Shoes SZ 10Qupid Womens Postal-01A Closed Toe Ankle Fashion Boots, Taupe, Size 9.0 , NEW Women's JORE ROMERO Black Ankle Heel Slip On Boots Shoes SZ 8.5Style & Co. Womens Vedaa Closed Toe Mid-Calf Fashion BootsStyle & Co. Womens Vedaa Closed Toe Knee High Riding Boots , BESTON Eel 1 Black V Cut Silver Grommet Women's Ankle BootieJack Rogers Womens 1617BB0002 Closed Toe Ankle Fashion BootsBlack Leather CLARKS Mid Calf Side Zip Boots w/Hidden Elastic Inserts 11 M , NEW Womens RAMPAGE IMAGINER BROWN Knee High Heels Buckle Boots SZ 8RETAIL $99 Style&Co Ralley Dark Brown Buckle Wrap Riding Boots Size 5.5MINC International Concepts Womens Fedee WC Leather Closed Toe Knee High Fashi... , Genuine Capelli New York Size 6 US Black & White Rubber Rain Boots **READ** ,
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 Rampage Imelda Knee-High Riding Boots, BlackWoman/Women/Girls BANDOLIONO Open Toe Slip on Pair of Shoes, Size 6 , Worn once! Steve Madden Gabbie Over the Knee Thigh High Boots 6.5Ecote Meeko Booties 7.5 M Teal Cow Leather Wooden Wedge Heel Platform , Madden Girl Womens destory Closed Toe Ankle Fashion, Taupe Fabric, Size 6.5 UWfKRieker Black Leather Zip Heeled Cap Toe Slouch Ankle Boots Booties Size 39 EUR , Born Antonia Black Womens Shoes Size 7 M Boots MSRP $115 , Bar III Womens camelia Suede Almond Toe Ankle Fashion Boots Black Size 10.0TUCCI Brown Suede Snake Print Leather Back Zip Ankle Boots High Heel 7.5 MChinese Laundry Women's Indigo Girl Boot Black Leather 6.5 M USWEEKEND BARBER SULI ZIP BOOTS BLACK SUEDE SIZE UK4, US7, NEW!Dr.Martens Womens POLLEY DAZE Floral Rose Multi Color Strap Fasten Shoes Size 6 , NIB Rockport Cobb Hill CDL02BK Jennifer Black Ballet Wedge size 7.5 , Beacon Womens surprise Fabric Low Top Slip On Walking Shoes Black Size 9.5NEW J.CREW TWEED LOAFER MULES, G8230, SIZE 10, NAVY, $128New Free People Women's Essex Silver Soft Leather Penney Loafers Shoes Sz 40 9.5 , New Women's Sperry Coil Ivy Perforated Boat Shoes 6.5 7 7.5 8 8.5 9 9.5 10 11 , ASICS Womens T758n MidGrey/White/PinkGlow Running Shoes Size 8 (365316)NIB Tory Burch Claire Reva Leather Ballet Flats Black/ Gold 6 , Alegria Etta - Brown Burnish Snake - Women's Leather Oxford - 41 EU (10.5 US) , NIB Aerosoles LOAFERS CLOGS Ladies Shoes 11 TAUPE SUEDE Slip On Comfort , Clarks 26108727-274 Coralie May Womens Peep Toe Flats Leather 9 , DREW Women's BLOOM II Mary Jane Orthotic Beige Taupe Leather Shoe SIZE 8.5 MNike Dart 12 Womens 831535-004 Black Blue Glow Running Training Shoes Size 6 , NIKE AIR MAX COMMAND Women's US 9 Athletic Running Shoes , Converse All Star Low Canvas Navy Blue Shoes Chuck Taylor Women Sneakers M9697 , Womens New Mid-Calf Boots Fur Lined Zip Wedge Hidden Heel Thicken Snow BootsIsaac Mizrahi Mid-Calf Womens Black Mid-Calf Boots Heel 4.5" Size 8.5 M , VANS X VINCENT VAN GOGH SKULL SLIP-ON - Size: Men 7.5 Women: 9 NIB Sold Out!Nike Air Max 270 Sneaker Bare Rose Size 8.5 ,
University of Phoenix is the latest college under investigation
Latest Buzz Videos
See all videos
Rebels Women's 8 Black localjoes-18493 Zip Block Women's Heel Ankle Booties US Size 8 de07432 Boots
Powered by VIP.