NEW YORK Lowe’s Cos. rose 7.4% after the home-improvement retailer reported a better-than-expected third-quarter result and raised its sales outlook for the year. Larger rival Home Depot Inc. was up 1.3%. Athletic-shoe retailer Finish Line Inc. rose 4.8% on Monday after it was raised to buy from hold by Gilford Securities. Home furnishings chain Williams-Sonoma Inc. rose 3.6% after it was upgraded to buy from underperform by Bank of America-Merrill Lynch. Best Buy Co. rose 2.3%. Chief Executive Hurbert Joly reportedly is meeting with the company’s founder and top shareholder Dick Schulze this week.
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