It takes as much work for a bank to underwrite small loan as a large loan, says Bob Coleman, an SBA-loan analyst in La Canada, Calif.

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Jacobovitz worked at Hoffmann La Roche, Abbott Canada, Nordic Labs and Marion Merrill Dow before joining Actelion.

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Despite major repositioning efforts during the quarter, La Senza comparable store sales in Canada decreased by 3%.

FORBES: Move up http://i.forbesimg.com t Move down

Laura-Julie Perreault (Canada), a staff reporter who covers international affairs for La Presse.

WSJ: Harvard's Nieman Foundation announces Class of '14