Macys (M) Declares $0.3125 Quarterly Dividend; 2% Yield

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Macy's (M) Reaches Racial Profiling Resolution with NY AG

August 20, 2014 8:32 AM EDT

Macy's (NYSE: M) issued the following statement:

Macy's has reached resolution with the New York State Office of the Attorney General related to allegations of racial profiling in our stores in New York. We also have settled in principle various lawsuits related to these allegations.

"To be clear, our company's policies strictly prohibit any form of discrimination or... More