Bakers Journal

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Weston shares surge in October


November 3, 2008
By The Globe and Mail

Nov. 3, 2008, TORONTO – There's no doubt that October was a devastating month for the majority
of companies trading in Toronto. With the S&P/TSX composite index
down 17 per cent, only four companies posted gains in the double
digits. George Weston Ltd. led the pack with a 19.5 per cent gain.

Nov. 3, 2008, TORONTO – There's no doubt that October was a devastating month for the majority
of companies trading in Toronto. With the S&P/TSX composite index
down 17 per cent, only four companies posted gains in the double
digits. George Weston Ltd. led the pack with a 19.5 per cent gain.

The company and its subsidiaries – Loblaw Cos. Ltd. and Weston Foods –
process and distribute foods. Weston Foods is involved in the baking
industry (think Wonder Bread), while the publicly traded Loblaw (George
Weston Ltd. is the majority shareholder with 61 per cent of the
grocer's shares) runs grocery stores. | FULL STORY


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