Archives for May 3, 2012

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GLG Life Tech receives cease trade order

By Caroline Scott-Thomas

Stevia supplier GLG Life Tech has stopped trading on the Toronto Stock Exchange after it received a full cease trade order from the British Columbia Securities Commission, due to delayed filing of its year-end financial statements and related documents.

Higher prices boost Kraft profit in Q1

By Caroline Scott-Thomas

Kraft Foods reported a 1.8% increase in first quarter profit after it raised prices for its products around the world and increased sales of its ‘power’ brands, particularly in developing markets.