HOME CAPITAL STOCK SOARS AFTER PROFIT BEATS EXPECTATIONS

Shares of Home Capital Group surged as much as 25 per cent after the alternative mortgage lender beat profit expectations for the third quarter. The Toronto-based company reported net income of $32.6 million during the three months ended Sept. 30, up from $30 million during same period a year earlier. Home Capital says the profit amounted to 41 cents per diluted share in its third