Only one of the 19 financial institutions that received a bank stress test would require additional capital, the controversial government initiative has reportedly concluded.
When parent companies decides to let go of a subsidiary, the process is known as a spin-off. Jim Nelson says these spin-off stocks can provide some of the best investment opportunities going. In fact, they repeatedly outperform the parent company in the aftermath of separation.
Luxury brands are having finding the going tough under the current economic conditions in the U.S., says Jennifer Yousfi in Money Morning. And the slowdown in Europe is putting further pressure on the sector. Here Jennifer recommends two luxury brands that are likely to weather the global downturn…