Neogen Profits Fall On Integration Of Acquisitions; Revenue Rises

The Lansing animal and food safety testing product maker Neogen Corp. (Nasdaq: NEOG) Tuesday announced net income of $6.6 million for for the third quarter of its fiscal year, which ended Feb. 28, down from $6.7 million in the same period a year earlier. Earnings per share was unchanged at 18 cents for both periods. Revenue for the quarter was $62 million, up 21 percent from $51.1 million a year earlier.

WWJ Newsradio 950–03/25/2014


Lansing’s Neogen Buys Iowa Insecticide Maker

A 35-year-old Iowa company that makes environmentally friendly insecticides for the animal and food industries has been acquired by Lansing’s Neogen Corp.

WWJ Newsradio 950–01/02/2014


Neogen Profit Falls On Fewer Food Contamination Crises, Higher Acquisition Costs

Neogen Corp. makes products that test for contamination and other biotech information in food and livestock. A year ago, amid outbreaks of food contamination, the company reported record profits. This year, for the second quarter of its fiscal year, which ended Nov. 30, the company reported lower net income despite higher sales due to what a top executive called a year of “clean crops.” Acquisition expenses also played a part.

WWJ Newsradio 950–12/19/2013


Neogen Announces 3-for-2 Stock Split

Neogen Corp. (Nasdaq: NEOG) announced that its Board of Directors has approved a three-for-two stock split. With the split, shareholders of record on Oct. 15 will receive one additional share of stock for each two shares held.

WWJ Newsradio 950–10/03/2013


Neogen Buys Iowa Vet Business SyrVet Inc.

Neogen Corp. (Nasdaq: NEOG) Monday announced that it has acquired the assets of SyrVet Inc., a veterinary instrument business based in Waukee, Iowa. Price and other terms weren’t immediately disclosed.

WWJ Newsradio 950–07/01/2013


Neogen Launches Comprehensive Dairy Heifer Genomic Test

The biotech developer Neogen Corp. (Nasdaq: NEOG) Thursday announced the development of a new genomic test that offers the dairy cattle industry an unprecedented level of information on the genetic potential of replacement dairy heifers.

CBS Detroit–06/20/2013

HR Notices From June 10

The latest staffing, leadership and boardroom news from Michigan’s technology focused companies, groups and institutions

WWJ Newsradio 950–06/10/2013


Neogen Launches Comprehensive Cattle Genomic Test

Neogen Corp. (Nasdaq: NEOG) Monday announced the development of a new genomic test that offers the beef cattle industry an unprecedented level of information on the genetic potential of individual animals.

WWJ Newsradio 950–05/06/2013


Neogen Sales Spike Over Concerns Of Horse Meat In Beef

Neogen Corp. announced Tuesday that it has seen a spike in sales of its rapid meat speciation test kits as beef processors scramble to respond to the unscrupulous use of horse meat, and other species of meat, in the “economic adulteration” of beef products.

WWJ Newsradio 950–03/12/2013


Neogen Acquires Scidera Genomics

Neogen Corp. (Nasdaq: NEOG) announced today that it has acquired the assets of Scidera Genomics LLC, an animal genomics business based in Davis, Calif. The company, formerly operated as MetaMorphix Inc., or MMI Genomics, was a pioneer in the development of cattle, poultry, swine, and canine genetic testing.

WWJ Newsradio 950–01/03/2013



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