PTD.L Share News (PTD)

REPEAT: Pittards Slides As It Warns Of Further Dollar Weakness Hit

LONDON (Alliance News) - Leather goods maker Pittards PLC Thursday warned that its profit for the first half of the year will be lower than the first half of last year as it continues to be hit by dollar weakness, but it said orders are picking up and it expects a stronger result in the second ha

Pittards Slides As It Warns Of Further Dollar Weakness Hit

LONDON (Alliance News) - Leather goods maker Pittards PLC Thursday warned that its profit for the first half of the year will be lower than the first half of last year as it continues to be hit by dollar weakness, but it said orders are picking up and it expects a stronger result in the second ha

Pittards Pretax Profit Up As It Sells More Profitable Products

LONDON (Alliance News) - Leather goods maker Pittards PLC Tuesday reported a jump in 2013 pretax profit as it sold a higher proportion of more profitable goods and kept tight control on its costs. The company reported a pretax profit of GBP1.7 million for 2013, up from GBP0.3 million in 201

Tuesday broker round-up UPDATE

Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom

Pittards Says FootJoy Has Launched New Golf Shoe In US

LONDON (Alliance News) - Luxury leather goods and shoes producer Pittards PLC said Wednesday that one of its major customers, Footjoy, has launched a new golf shoe product in the US. Pittards said the product represents the latest stage in its ongoing relationship with the major golf shoe s

UK MIDDAY BRIEFING: Stocks Rising Again, Vodafone Leads FTSE 100

LONDON (Alliance News) - The FTSE 100 is up for a second day Thursday as the rebound from the heavy losses in equity markets in the previous five days continues, with positive reports from the likes of Vodafone and Smith & Nephew helping London's blue-chip

Pittards Up As It Brings Mulberry Chairman On To Board; Warns Of Sterling Hit

LONDON (Alliance News) - Leather and luxury goods producer Pittards PLC saw it shares rise Thursday as it appointed Godfrey Davis, the chairman and former chief executive of luxury goods company Mulberry Group PLC, as a non-executive director. Davis "brings a wealth of experience in the lux

UK BROKER RATINGS: Credit Suisse Raises Reckitt To Outperform

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning and Wednesday afternoon:
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FTSE 100
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S&P CAPITAL IQ CUTS BG GROUP PRICE TARGET TO 1050 (1063) PENCE - 'SELL'
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CRED

Thursday broker round-up UPDATE

ARM Holdings: HSBC reduces target price from 1120p to 1080p and stays with its overweight rating. Avon Rubber: WH Ireland raises target price from 650p to 765p and stays with its buy recommendation. Balfour Beatty: Liberum Capital ups target price from 300p to 350p retaining its buy recommendation

DIRECTOR DEALINGS: Pittards Non-Executive Buys Shares

Pittards Rejects Cash Offer As Undervaluing Its Business

Pittards pleases as profits return to normal levels

Shares in leather producer Pittards leapt on Tuesday after the group pleased investors with a return to 'more normal' levels of profit and a rise in net assets following a successful period of transition last year. Revenues for the half-year to June 30th edged £0.1m higher to £18.4m year-on-year,

Pittards profit declines as costs rise

Leather goods retailer Pittards reported a drop in full year profit, after it was hit by a spike in hide and skin prices, but it remains confident its core strategy will lead to improved performance in the near future. Pre-tax profit, before restructuring costs, fell to £0.3m for the year ended Dec

Pittards profits leathered by Ethiopia tax

Leather goods firm Pittards said it had succeeded in breaking even in the first half after being hit by export taxes imposed by the Ethiopian government. Exports from Ethiopia represent 93% of the company's sales and the government there has put a 150% tariff on crust leather exports. Despite thi

Brooks Macdonald co-founders ditch 385,000 shares

Three of the founders of Brooks Macdonald, an AIM-50 wealth management group, have sold a total of 385,000 shares for 1,275p, but insisted they remain 'fully committed' to the company. Chris Macdonald, the Chief Executive, reduced his stake by 150,000 shares, Richard Spencer by 130,000 and Jonatha