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Stock Market & Financial Investment News

News Breaks
February 13, 2013
13:35 EDTKMP, CHSCP, SECHS 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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July 31, 2015
12:44 EDTCHSCPCHS Inc. acquires Northstar Agri Industries canola processing plant from PICO
CHS Inc. (CHSCP) has acquired Northstar Agri Industries canola processing and refining plant near Hallock, Minn., from PICO Northstar Hallock LLC, a majority-owned subsidiary of PICO Holdings (PICO). The Hallock canola plant processes more than 400,000 tons of canola seed annually into canola oil and canola meal. The Hallock facility will be rebranded as CHS and the 57 employees at the Hallock plant will become CHS employees.
July 20, 2015
13:18 EDTSEOptions with increasing call volume
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