Word: redisco
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Dates: during 1955-1955
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...ReDisCo, the wholly-owned finance company with an annual volume of more than $100 million, was thriving, and the Kel-vinator and Leonard appliance lines were booming. Says Romney: "Our appliance business is up 30% this year." For the entire company, he is hopeful about the future. Though he expects to lose money m 1956's first fiscal quarter, he expects to go in the black in the second, stay there and show a profit for the year...
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