Article: Evening Standard, London, Market Report Column.

By Michael Clark, Evening Standard, London Knight Ridder/Tribune Business News

Nov. 19--Stock market bears were continuing to put the squeeze on Hanson today as the shares fell 11 3/4 pence to 283 1/4 pence after a downgrading by another broker.

This time it was the turn of Merrill Lynch, which has moved from neutral to outright sell on the building products supplier following last week's downbeat trading statement. The group told brokers that pre-tax profits for 2002 would come in at the average consensus forecast of UKpound 345 million, down from UKpound 351 million the previous year.

It said most of its major markets had shown ...

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