STOCKS NEWS UK SMALL-JJB up ahead of key creditor meeting

STOCKS NEWS Reuters Results diary

Europe [STXNEWS/EU] Real-time Equity News [E] [GB/EQUITY]

UK [STXNEWS/UK] Stocks on the move [HOT-RTRS]

UK smallcaps [STX/UKSC]

08:56GMT 27Apr2009-JJB up ahead of key creditor meeting

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Shares in JJB Sports (JJB.L) rise as much as 21 percent on talk that the troubled sportswear retailer will secure creditor backing for a new rent agreement with its landlords.

At a meeting later on Monday, JJB needs three quarters of its creditors to back a company voluntary agreement (CVA) that will help secure its future by cancelling leases on 140 of its closed stores and moving to monthly rent for a year on shops still operating.

"Recent share price moves would suggest growing confidence in the market that JJB will gain the 75 percent support it needs," says Altium analyst David Stoddart. "The proposal for the trading units is far from unreasonable in current circumstances ... signs seem to point in the direction of a successful outcome for JJB."

Reuters messaging rm://rhysl.jones.reuters.com@reuters.net

08:49GMT 27Apr2009-Fish shares up, pork down on swine flu

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Shares in Marine Harvest Group (MHG.OL), the world's biggest fish farmer, rise more than 10 percent with traders speculating swine flu could lift salmon prices as witnessed during previous outbrakes of bird flu and cow disease.

Smaller salmon farmer and fish feed supplier Austevoll Seafood (AUSS.OL) jumps 14 percent. In Spain, frozen fish company Pescanova (PVA.MC) is up 4.5 percent, while sausage casings company Viscofan (VIS.MC) is down 9.5 percent. British sausage skin maker Devro (DVO.L) falls 4.6 percent and pork supplier Cranswick (CWK.L) falls 4.7 percent.

"Historically, the effects have been temporary, but right then and there the effect can be substantial (on prices)", says fish farming analyst Dag Sletmo at ABG Sundal Collier.