PriceSmart News

Community bank Heartland Financial USA Inc. said Monday that higher loan losses narrowed its profit in the third quarter.

6, from AP Financial News: Top stories: WASHINGTON - Freddie Mac says its losses narrowed to $6.3 billion in the third quarter and the company didn't need a federal cash infusion.

PriceSmart Inc., which runs warehouse-shopping clubs, said Friday its fourth-quarter profit declined 9 percent as an increase in operating expenses hurt its bottom line.

A new survey by Bankrate finds that 92 percent of Americans still believe that buying a house is a good investment.

Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS , the Fool's free investing community, PriceSmart , which operates warehouse-shopping clubs in Central America and the Caribbean, has earned a coveted five-star ranking .

Making Friday's headlines was Philip Morris International , which will acquire Protabaco , a Colombian cigarette producer.

Investors were eager to waive goodbye to June after retailers reported soggy same-store sales on Thursday.

PriceSmart, the warehouse club of Central America and the Caribbean, posted an 18% decline in third-quarter profit on Friday.

Filed under: Earnings reports , Wal-Mart , Costco Wholesale PriceSmart , an operator of warehouse clubs in Central America and the Caribbean and headquartered in San Diego, announced results for the third quarter on Friday.

Among the companies whose shares are expected to see active trade in Friday's session are Infosys Technologies Ltd., PriceSmart Inc.

PriceSmart , which operates US-style membership warehouse clubs in Central America and the Caribbean, reported monthly sales results for June yesterday.

We may be several decades away from a time when Bernard Madoff can hurt you again, but that doesn't necessarily mean it's safe to tiptoe back into the market.

Wholesale clubs aren't just a U.S. sensation. They're big south of the border too.

PriceSmart, Inc. today announced that for the month of May 2009 net sales increased 7.5% to $102.0 million from $94.9 million in May a year earlier.

He later founded PriceSmart to run a similar business model in Latin America and the Caribbean.

PriceSmart move said good for the environment, bad for pockets BY PETRE WILLIAMS, Environment editor williamsp@jamaicaobserver.com Wednesday, May 27, 2009 PRICESMART, the membership warehouse shopping club, no longer provides its customers with plastic bags for their goods, as part of an initiative the company said is to help prevent environmental ...

Hotel vacancies are up; hotel stocks are down. No surprise there. The weak global economy has cut travel spending, and average room rates have fallen.

San Diego-based international warehouse club operator PriceSmart Inc. has opened its fifth warehouse club in Costa Rica.

Constellation Brands, Inc fourth quarter revenues fell 17% to $735.1 million and net loss was $406.8 million or $1.88 a share.