EARNINGS
CHS Inc., Inver Grove Heights, reported net income of $266.5 million for the fiscal first quarter ended Nov. 30, down 30 percent from the first quarter of fiscal 2015. The decrease was primarily attributed to lower margins for much of the company's energy and agricultural businesses. Revenues for the quarter were $7.7 billion, down from $9.5 billion for the same period in fiscal 2015, largely due to lower selling prices for the energy and grain products which make up a significant portion of its business.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
How major US stock indexes fared Friday, 4/19/2024
The worst week for big technology stocks since the COVID crash in 2020 dragged Wall Street across the finish line of another losing week.
Business
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Stocks that traded heavily or had substantial price changes on Friday:
Business
Two major downtown Minneapolis towers face change as hybrid shuffle continues
Wells Fargo Center is now on the market, and Capella University cuts its space by more than half in the tower that bears its name.
Business
Apple pulls WhatsApp and Threads from App Store on Beijing's orders
Apple said it had removed Meta's WhatsApp messaging app and its Threads social media app from the App Store in China to comply with orders from Chinese authorities.
Business
Tennessee Volkswagen workers to vote on union membership in test of UAW's plan to expand its ranks
The United Auto Workers' ambitious drive to expand its reach to nonunion factories across the South and elsewhere faces a key test Friday night, when workers at a Volkswagen plant in Chattanooga, Tennessee, will finish voting on whether to join the union.