The Globe and Mail reports in its Wednesday, March 29, edition that Capital Group shed $2.66 to close at $25.06 Tuesday, as investors gave their verdict on the company's decision to sack chief executive officer Martin Reid after less than a year in the job. The Globe's Christina Pellegrini writes that Mr. Reid was terminated Monday, making way for director Bonita Then to take over as interim president and CEO. Home Capital did not give a specific reason for the change, saying only that it "requires leadership that can bring to bear a renewed operational discipline, emphasis on risk management and controls, and focus on improving performance." Analysts say that the timing and uncertainty surrounding Mr. Reid's exit does not bode well for the stock. His departure comes amid a push at the company to slash expenses and grow assets in a Canadian real estate market that is both frothy and adjusting to new federal mortgage rules. It also comes two weeks after Home Capital said that several current and former officers and directors have received enforcement notices from the Ontario Securities Commission related to the company's past disclosure practices and, in some cases, trades in its shares.