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Stock Market & Financial Investment News

News Breaks
August 18, 2014
13:01 EDTCHSCPCHS sells portion of Necochea, Argentina port joint venture
CHS Inc. announced it has reached agreement to allow Noble Argentina to acquire a portion of the CHS share of an export terminal joint venture at Necochea, a province of Buenos Aires, Argentina. CHS Argentina currently own 30% of Sitio 0 de Quequen. After finalizing the transaction, CHS and Noble Argentina, a subsidiary of Noble Grain, will each hold 22.75% ownership in Sitio 0. Other terminal owners are South American grain companies E-Grain SA, A&J Nari SA, Alea y Compania SA and Lartirigoyen y Compania. Now under construction, the first stage of Sitio 0 will consist of an export terminal with 119K metric tons of storage capacity and a high-speed loader with 1,200 metric tons per hour capability at one pier. A planned second stage would include an additional pier and 100K metric tons of storage. Sitio 0 has the right to use the Quequen port for 45 years. The first phase is expected to be operational by May 2015.
News For CHSCP From The Last 14 Days
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September 23, 2014
16:33 EDTCHSCPCHS Inc. and United Prairie announce potential partnership
CHS Inc. and United Prairie, LLC, a leading full-service agronomy retailer in central, Ill., announced CHS has agreed in principal to join United Prairie as a new partner and owner. "CHS as a new partner will allow us to bring additional services and cutting edge technologies to our customers," said Tim Hughes, general manager, United Prairie, LLC. "As a locally owned company we are always focused on bringing better services and offerings to our patrons. Adding CHS to our ownership group accomplishes that mission and more. This is a real win-win for the patrons and employees of United Prairie and CHS."
September 18, 2014
11:01 EDTCHSCPCHS Inc., Broadbent Grain form partnership to increase container shipments
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