Featured Articles
Monster Cooperative CHS to Sell More Preferred Shares
Tim McPartland | January 13, 2015
Giant agricultural cooperative CHS Inc (Cenex Harvest States) has announced a new preferred stock offering today. CHS has made a number of preferred offerings in the last year as they gather capital to invest in a new fertilizer plant in Spiritwood, North Dakota. This is a huge $3 billion plant which is to be operational in 2018.CHS recently announced earnings which were…
CHS Inc (Cenex Harvest States) 7.50% Class B Cumulative Redeemable Preferred Stock, Series 4
Tim McPartland | January 13, 2015
Date Issued 1/13/2015Shares Issued 18,000,000 Over-allotment Shares 2,700,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol CHSCL OTC Temp ticker CHNPPMarket Traded ON NYSEDividend Payment Paid on the last day of March, June, September and December beginning on 03/31/2015Quarterly Dividend .469 Annual Dividend 1.875Securities may be redeemed, at the issuers option, as early as 01/21/2025 for a…
First Of Many: Standard Chartered Hit By Billions In Losses From Commodity Crash
Tim McPartland | January 13, 2015
Oil and Interest Rates Keep Tumbling
Tim McPartland | January 13, 2015
Both oil and interest rates are tumbling again this morning as Wall Street is finally figuring out what we already knew--the global economy is a basketcase. While the equity markets haven't figured it out yet and traders continue to jerk the markets up and down eventually stocks will figure out that the U.S. can't stand by itself and drag the…
The Confessions Begin: Goldman, BofA Warn Crude Crash Will Have Negative Impact On GDP, Earnings
Tim McPartland | January 12, 2015