MARKET TALK: Morrison 2H Trading To Pick Up -Arden

9th Jul 2010 08:51

0751 GMT [Dow Jones] William Morrison's (MRW.LN) trading performance in the second half of the fiscal year will pick up, Arden Partners analyst Nick Bubb says. It "has been under pressure because of flat like-for-like trading across the industry, but we still think that the second half will pick up." Bubb also says that investors will be impressed with Chief Executive Dalton Phillips when he is unveiled for the first time at the interims on Sept. 9. Shares +0.4% at 282p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires July 09, 2010 03:51 ET (07:51 GMT)