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Lowe’s names senior vice president (access required)

Lowe’s Companies, Inc. (NYSE:LOW) announced today that Michael P. McDermott will join the company as senior vice president and general merchandising manager- building and maintenance, a new position. McDermott will be responsible for the Lumber & Building Materials, Millwork, Hardware & Tools and Rough Plumbing & Electrical divisions.

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Stronger economic reports push stock market higher (access required)

The stock market rose Thursday as investors weighed positive economic reports against worries about Syria. The Dow Jones industrial average added 81 points, or 0.6 percent, to 14,906 in midday trading, while the Standard & Poor's 500 index was up 11 points, or 0.7 percent, at 1,646.

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