12:02 PM EST - George Weston Ltd. : reported Tuesday a first-quarter profit of $131 million, up 26 percent from a year-earlier $104 million on price increases and cost reductions. The Toronto-based company said its earnings amounted to 91 cents per share, compared with 70 cents per share in the first quarter of 2007. Analysts polled by Thomson Financial had expected earnings of 69 cents per share. George Weston Ltd.
shares T.L are trading up 75 cents at $33.20.
