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Stock Market & Financial Investment News

News Breaks
February 13, 2013
13:35 EDTCHSCP, SE, KMPCHS unit to invest $15M in Express Pipeline connection
CHS Inc. (CHSCP) announced it will build a seven-mile connection in central Montana to link its Front Range Crude Oil pipeline with the Kinder Morgan Express Pipeline. Kinder Morgan-Canada and Front Range Pipeline, a wholly owned CHS subsidiary, will construct storage, pipeline, and other associated equipment needed to connect the Express Pipeline to the Front Range Pipeline near Buffalo, Mont. Front Range Pipeline will invest about $15M in the connecting pipeline and associated equipment. Pending permitting and other approvals, the project is expected to begin this summer with completion estimated for fall 2014. Kinder Morgan Energy Partners (KMP), along with its partners entered into a definitive agreement to sell 100% of the Express Pipeline System to Spectra Energy (SE). The transaction is subject to customary consents and regulatory approvals and is expected to close in 1H.
News For CHSCP;KMP;SE From The Last 14 Days
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November 26, 2014
16:07 EDTKMPKinder Morgan closes merger transaction
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November 25, 2014
20:06 EDTSESpectra Energy proposed Gas Transmission Project receives assessment certificate
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November 20, 2014
13:04 EDTKMPKinder Morgan announces shareholder approval of merger transactions
Kinder Morgan (KMI) announced that at special meetings held by each of KMI, Kinder Morgan Energy Partners (KMP), Kinder Morgan Management (KMR) and El Paso Pipeline Partners (EPB), unitholders and shareholders approved all proposals related to the merger transactions previously announced on Aug. 10. More than 95% of the votes cast at the special meeting of each company were voted in favor of the proposals related to the merger transactions. The deadline for KMP and EPB unitholders to elect the form of consideration they wish to receive in each of KMP’s and EPB’s pending mergers with KMI is 5:00 p.m. ET on Nov. 24, 2014. The election deadline may be extended, in which case KMI will issue a press release announcing the new election deadline. The closing of each merger is expected to occur on Nov. 26, 2014. Accordingly, it is expected that Nov. 26 will be the last trading day for KMP and EPB units as well as KMR shares.
09:43 EDTKMPKinder Morgan to host special shareholder meeting
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November 18, 2014
07:40 EDTSEMitsubishi UFJ to hold a conference
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November 17, 2014
07:33 EDTKMPMatrix Service awarded EPC contract by Kinder Morgan Energy
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November 14, 2014
07:05 EDTKMPKinder Morgan says expected closing date of merger Nov. 24
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