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PriceSmart (NASDAQ:PSMT) Announces Earnings Results

PriceSmart (NASDAQ:PSMT – Get Rating) issued its earnings results on Tuesday. The company reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.37, Briefing.com reports. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.13 billion. PriceSmart had a return on equity […]

India s Boom Is a Dangerous Myth - East African Business Week

Indian elites are giddy about their country’s economic prospects, and that optimism is mirrored abroad. The International Monetary Fund forecasts that India’s GDP will increase by 6.1% this year and 6.8% next year, making it one of the world’s fastest-growing economies.

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