MARKET TALK: Lloyds TSB 1H Results Good; Shrs Seen Rising

0659 GMT [Dow Jones] Lloyds TSB (LYG) 1H results top expectations, withrevenue growth a new feature after years of cost-cutting, says a trader. Thedividend increase marks the first since '02. Credit quality is "satisfactory",while retail charges down as a percentage of loans suggests the bank has turneda corner on unsecured debt. He sees the stock rising on the results, althoughit's relatively expensive vs peers. Shares closed Monday at 534p. (HET)

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(END) Dow Jones Newswires 07-31-07 0259ET Copyright (c) 2007 Dow Jones & Company, Inc.

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