Severfield-Rowen FD buys

Severfield-Rowen's recently appointed finance director has made his first investment in the structural steel firm. Alan Dunsmore joined Severfield-Rowen from Smiths Group in March. He has invested £22,400 in 10,000 shares. Severfield-Rowen says that its order book was worth £241m at the end of April. New orders include structural steelwork for Heathrow's Terminal 2. The company is growing its market share in the UK but export business is hard to come by. Trading is in line with expectations but management expects 2010 to be a tough year.Steel product prices are rising as raw material costs increase. Top Director BuysBank Of America (BAC) Director name: Mr Charles O. Holliday, JrAmount purchased: 18,728 @ $17.78 Value: $332,984Bank Of America (BAC) Director name: Mr Virgis W. ColbertAmount purchased: 8,999 @ $17.78 Value: $160,002Bank Of America (BAC) Director name: Mr D. Paul JonesAmount purchased: 8,998 @ $17.78 Value: $159,984Bank Of America (BAC) Director name: Mr Robert W. Scully Amount purchased: 8,998 @ $17.78 Value: $159,984Bank Of America (BAC) Director name: Mr Susan S. BiesAmount purchased: 8,998 @ $17.78 Value: $159,984Bank Of America (BAC) Director name: Mr William P. BoardmanAmount purchased: 8,998 @ $17.78 Value: $159,984Severfield-Rowen (SFR) Director name: Mr Alan DunsmoreAmount purchased: 10,000 @ 224.00p Value: £22,400CLS Holdings (CLI) Director name: Mr Sten A MortstedtAmount purchased: 4,335 @ 490.00p Value: £21,242 CLS Holdings Severfield