ST. LOUIS – According to the Associated Press, Furniture Brands International Inc. cut its third quarter profit forecast, citing deteriorating trends in the home furniture market. The company projects earnings of $0.09 to $0.13 per share, which is down from the July 26 target of $0.18 to $0.22 per share. The forecast includes previously disclosed restructuring and asset impairment charges and increased interest expense, but it does not include the net effect of a $1.8 million reversal in tariffs paid on products from certain offshore vendors. Read more.