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"Now it is in the midst of a strong turnaround".
The future of the business is based on that strong turnaround plan".
Exports to Russia also showed a strong turnaround, climbing 29 percent but remaining in second place, with €26 billion.
Nevertheless, the odds of a strong turnaround in housing over the next year seem to be fairly good to me and getting better.
Although Mr. Immelt is still considered the front-runner, a strong turnaround at GE Power Systems last year has garnered many new fans for Mr. Nardelli.
Toyota may be closing but Australia's manufacturing sector has helped boost the country's economic outlook with a surprisingly strong turnaround in January.
Similar(41)
Others echoed that view, saying that the Fed program would support a recovery at the margins of the housing market, but that lower mortgage rates themselves would not be enough to spur a stronger turnaround.
Credit Suisse has staged one of the strongest turnarounds the financial services industry, analysts said.
Christie can rightfully point to strong reviews at town halls and a substantial turnaround in his favorable ratings.
Toyota also led global vehicle sales for the third year in a row in 2010, despite a strong postbankruptcy turnaround from General Motors.
She said the figures to date "are showing strong signs of turnaround, and July business is looking to finish ahead of plan".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com