10:14 AM EST - George Weston Ltd. : has reported a 20.8 percent drop in summer-quarter profit to $179 million, dragged down by subsidiary Loblaw Cos. George Weston, which owns 62 percent of Canada's largest supermarket chain and is in turn owned 62.5 percent by chairman Galen Weston Sr., said third-quarter sales were $10.16 billion, up a bare 0.8 percent from $10.09 billion a year ago. George Weston Ltd.
shares T.WN are trading up 1.70 at $52.28.
