Severfield Share News (SFR)

Severfield-Rowen Considering Name Change To Severfield PLC

LONDON (Alliance News) - Structural steel group Severfield-Rowen PLC Tuesday said it is considering a name change to Severfield PLC, after analysing its brand strength in its various markets. The firm said it believes the rebrand will create a more "easily understood and effective propositi

Severfield-Rowen Trading In Line Despite Troubles In India

LONDON (Alliance News) - Structural steel group Severfield-Rowen PLC said Friday trading for the financial year continues to be in line with expectations despite a difficult period for its Indian arm JSW Severfield Structures Ltd. In an interim management statement for the period to date, t

UK MORNING BRIEFING: Shares Mixed; Anglo American Swings To Profit

LONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite Anglo American and Coca Cola HBC both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down

DIRECTOR DEALINGS: Severfield-Rowen Chairman, CEO Acquire Shares

Coms Chief builds stake after 'significant' contract win

David Breith, the Chief Executive Officer of Coms, on Tuesday acquired 1.53m shares, which the same day climbed after the group announced a "significant" contract win. Breith bought the shares at 4.48p each for a total of £68,544. The telecommunications and information technology specialist has s

Severfield-Rowen Swings To Pretax Profit, Restructuring Cuts Costs

Severfield-Rowen Appoints New CEO After 8 Month Search

Severfield-Rowen hires former Kier exec as new boss

Steel group Severfield-Rowen said it had appointed former Kier board member Ian Lawson as its new Chief Executive Officer. Lawson will take the reins at the start of November and current Executive Chairman John Dodds will resume the role of Non-Executive Chairman. Lawson has 35 years of experience

STOCKS NEWS EUROPE-UK small caps close up 0.1 pct

The UK small caps index closes 0.1 percent higher, against a 0.2 percent stronger midcaps and a 0.3 percent rise in the FTSE AIM All Share index. B.P. Marsh & Partners, a venture capital provider to early stage financial services businesses, falls 2 percent after announcing its results for

Severfield Rowen posts full year loss, slashes dividend

Shares in structural steel company Severfield Rowen fell as it revealed a pre-tax loss for the 15 months to the end of March. The group posted an underlying loss before tax of £21.5m compared to a profit of £10.1m a year earlier following problems with one of its contracts. Revenue increased to £31

STOCKS NEWS EUROPE-Small cap index up, underperforms midcaps

The UK small caps index rises 0.2 percent, underperforming both the midcaps, up 0.3 percent, and the FTSE AIM All Share index, which gains 0.4 percent. Conroy Gold and Natural Resources rises 16 percent after the AIM-listed gold exploration and mine development company says the mineralogica

Belvoir Lettings Chairman sells shares to satisfy institutional demand

Belvoir Lettings, the UK lettings specialist which listed on the AIM market in February last year, announced on Friday that its Executive Chairman and founder had sold a quarter of a million shares in the group in order to help satisfy 'significant institutional demand'. The news comes just a week

STOCKS NEWS EUROPE-UK small caps close up 0.3 pct, lagging FTSE

UK small caps close 0.3 percent higher, lagging the blue chips and the midcaps, both up 0.6 percent. Begbies Traynor advances 8.5 percent after the business recovery practice issues a trading update, with the company maintaining its year guidance. Structural steelwork maker Severfield

UPDATE 1-Severfield plans rights issue, amends debt facility

* To raise net 44.8 mln stg through 7-for-3 rights issue * Amends revolving credit facility to provide it with 35 mln stg * 2012 underlying pretax loss 19.6 mln stg vs pretax profit 10.1 mln stg last yr * Shares fall as much as 14.7 pct (Adds analyst comment, details, backgrou

STOCKS NEWS EUROPE-UK small caps climb 0.4 percent

The FTSE Small Cap index gain 0.4 percent, while the blue chips add 0.2 percent, and the midcaps are 0.3 percent firmer. Structural steelwork maker Severfield-Rowen falls 5.6 percent after saying it plans a rights issue priced at a 67.8 percent discount to the closing stock price on Wednes