FedEx it to the Banks!!

The economy might be on the road to recovery. Fed Ex Corp has raised its expected earnings and plans to see a modest recovery over last year.

David Rosendberg parted ways with Merrill Lynch this past May. He began a new career in Toronto noting that the Canadian banks never experienced defaults the way American banks did and believes that America has hit bottom in the profit cycle.

A group of banks headed in the direction of money and without any help from the federal bailout cookie jar. These non-rescued banks are fairing better than the rescued ones.

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Category:

News & Politics

Tags:

• FedEx
• Graf
• Rosendberg
• Merrill Lynch
• Hudson City Bancorp
• NY Community Bancorp
• BOK Financial