Home Terminal Cuts Outlook, Cites Lodging

"While we ask the living accommodations securities industry to remain ambitious for the rest of 2007 and into 2008, we plan to go along our reinvestment plans for the long-run health of our business, apprehension that it will put short-term force per unit area on earnings" Home advance retail merchant Home storage cut its 2007 profit mind-set on Tuesday, citing failing in the U.S. lodging market and said it was launching a lovesome proffer for 250 meg shares. via outside(a) business organisation modern times