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Buffett's Furniture Unit Cort Scaling Back
July 1,
2012 by in UnCategorized 
By Aggregated Content in Financial Reports on July 2, 2012
from http://www.moneynews.com/StreetTalk/Berkshire-buffett-Projects-economy/2012/07/02/id/444220
Berkshire Hathaway Inc.s furniture-rental unit saw a slowing in demand from business clients in the second quarter, indicating that firms are curbing spending on projects amid less optimism about the U.S. economy
Demand is simmering compared to where it was at the beginning of the year, when it looked like the recovery, at least from our perspective, would have been pretty robust, said Jeff Pederson, the new chief executive officer of Berkshires Cort Business Services Corp., the worlds largest provider of rental furniture.
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