STOCKS NEWS UK-MBL Group rises on strong results

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11:53GMT 09Jul2009-MBL Group rises on strong results

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Shares in MBL Group Plc (MUBL.L), a distributor of home entertainment products, rise 22 percent after it posts strong full-year results, helped by the collapse of its key competitor in November.

Seymour Pierce analyst Freddie George says: "Even after we have raised our 2008/9 forecasts twice in the last six months, the company has impressively come in ahead of our revised projections."

"It benefited from EUK, part of Woolworths, being placed into administration in November 2008 leaving several key food retail multiples and retailers without supply," says George, who reiterates his "buy" rating on the stock.

To see MBL's statement, please click on [ID:nRnsI3695V]

Reuters messaging rm://purwa.naveen.reuters.com@reuters.net

11:02GMT 09Jul2009-Galliford Try up; RBS upbeat long term

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Shares in Galliford Try (GFRD.L) gain 4.8 percent after the British housebuilder and construction firm says it sees encouraging signs for a second-half recovery, with RBS repeating its long term "buy" rating.

RBS says it sees Galliford well positioned, with its 35 million pound cash position ready to fund new land spend and cope with construction outflows.