CANADA STOCKS-TSX rises as heavyweight financials climb – Reuters + MORE Jan 13th

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Wall Street higher as banks kick off earnings

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A look at overnight markets and what's ahead this trading day in North America

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CANADA STOCKS-TSX rises as heavyweight financials climbReutersTORONTO Jan 13 Canada's main stock index rose on Friday as heavyweight financial shares climbed, offsetting losses for energy and mining stocks as commodities fell. The Toronto Stock Exchange's S&P/TSX composite index was up 19.35 points, or 0.13 …and more »

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A new job can be overwhelming—most new employees feel lucky if they have their voice-mail working by the end of the week. Now, imagine what it must be like for a rookie CEO. Change can be good, but if you’re an investor you may want to give new CEOs a wide berth during their transition. We examined the 12 biggest names in the Canadian financial sector and found new CEOs often lagged their peers in their first year. In contrast, the outgoing CEOs from these same firms were more likely to outperform their sector in their final year.
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