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May Dept. Posts Lower Profit, Sales Fall  NEW YORK (Reuters) - May Department Stores Co. &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=MAY.N target=/stocks/quickinfo/fullquote"&gt;MAY.N&lt;/A&gt;,  parent of Lord   Taylor and David's Bridal retail chains, on  Tuesday posted a lower quarterly profit on disappointing sales  of dresses and home furnishings. 