CANADA STOCKS-TSX rises, led by financials as Home Capital jumps
* Eight of the TSX's 10 main groups end higher (Adds portfolio manager quotes and details on stocks and sectors; updates prices)
ROME Jan 13 Ratings agency DBRS on Friday cut Italy's sovereign credit rating to BBB (high) from A (low) in a move which could raise borrowing costs for struggling Italian banks.
DBRS, the only major agency who had a rating in the A band for Italy, said its decision reflected uncertainty over the country's ability to pass reforms, continuing weakness in the banking system, and fragile growth.
It attached a stable trend to its new BBB (high) rating. (Reporting By Gavin Jones, editing by Steve Scherer)
* Home Capital Group Inc - GICs in a cashable position $141 million as of June 21 versus $142 million as of June 20
* Barington/Hilco Acquisition Corp funds 30-day extension of date to consummate business combination