Results from Berkshire Hathaway's (BRK.A) furniture rental unit (CORT Business Services)...

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

Results from Berkshire Hathaway's (BRK.A) furniture rental unit (CORT Business Services) suggests a cutback in project spending from businesses. Calling demand "simmering" (as opposed to robust earlier in the year), CORT CEO Pederson suggests it's not a lack of cash, but instead a loss of confidence behind the slowdown.