http://www.sltrib.com/feeds/topics/PENNEY News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) http://www.sltrib.com/sltrib/money/56314600-79/macy-penney-per-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/56314600-79/macy-penney-per-percent.html.csp">Macy’s first-quarter profit rises 20 percent on solid sales</a></h4> <img src="http://analytics.apnewsregistry.com/analytics/v2/image.svc/AP/RWS/www.sltrib.com/CAI/56314600#2013-05-15T08:32:02.82-06:00/MAI/sltrib56314600#2013-05-15T08:32:02.82-06:00/E/qa/PC/Basic/AT/HL" style="display:none;" alt="" width="1" height="1"/> <span class="author vcard"><span class="fn">By ANNE D’INNOCENZIO</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2013-05-15T08:32:02.82-06:00">Updated May 15, 2013 08:32AM MDT</span></h5> <div class ="entry-content">New York • Macy’s Inc. reported a 20 percent increase in first-quarter profit even though cool temperatures and economic worries dampened some of its shoppers’ spending on spring clothes. The company, which also operates the upscale chain Bloomingdale’s, is also raising its dividend to 25 cents from the current 20 cents. It also announced an additional $1.5 billion in stock buybacks. Macy’s, which operates seven stores in Utah, is the first of the major retailers to report first-quarter results ...</div> <h5><a rel="item-license" href="#license-563146002013-05-15T08:32:02.82-06:00" id="#license-2013-05-15T08:32:02.82-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 56314600@www.sltrib.com Wed, 15 May 2013 08:32:02 MDT