Reece Ltd (ASX:REH)
Reece Ltd (ASX:REH) operates the largest bathroom and plumbing supply business in Australia, Reece, as well as ten other businesses in related industries including irrigation, pools, civil works and HVAC-R (heating, ventilation, air conditioning and refrigeration). Reece began in 1920 when Harold Joseph Reece commenced selling hardware products from the back of his truck. Almost 100 years on, the company has grown to having 8,000 people in 800 branches across Australia, New Zealand and the US.
Reece Ltd (ASX:REH) share price
Reece Ltd (ASX:REH) share price news
Xero Limited Revenue Rockets 38%
This morning, Xero Limited (ASX: XRO) announced its financial results for the year to 31 March 2018 showing a 38% increase in revenue and a net loss of $NZ27.8 million.
ALL ORDINARIES Index Up, Westpac Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.55% at lunch.
Reece Ltd Takes On The US, Buys MORSCO
Reece Ltd (ASX: REH) is expanding into the USA with a $1.91 billion acquisition of MORSCO Inc.
S&P/ASX 200 Opens Higher Monday
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index opened higher Monday morning with plumbing store operator Reece Limited (ASX: REH) in the news.
The ASX 200 Ends Lower Before Good Friday
The S&P/ASX 200 (INDEXASX: XJO) (^AXJO) and All Ordinaries (INDEXASX: XAO)(^AORD) indices ended lower on Thursday.
S&P/ASX 200 Expected To Open Flat
The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is expected to open slightly higher Thursday morning, according to data from the Sydney Futures Exchange.
Aussie ALL ORDINARIES Bounces Up
The ASX’s ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index ended higher on Thursday, with the Wesfarmers Ltd (ASX:WES) and Telstra Corporation Ltd (ASX:TLS) ending firmly in the green.
Wesfarmers Ltd Shares Slide 4.5% As ASX Shares Tumble
Wesfarmers Ltd (ASX:WES) shares closed 4.5% lower on Monday, weighing on the ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index.