Food Safety Testing

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Shareholders that lost money on Neogen Corporation (NEOG) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
GlobeNewswire News Room· 2025-08-18 20:01
Core Viewpoint - Neogen Corporation (NASDAQ: NEOG) is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its integration with the Food Safety Division of 3M Company, which misled investors about the progress of the integration [3]. Group 1: Allegations and Class Action Details - The class period for the lawsuit is from January 5, 2023, to June 3, 2025 [3]. - Defendants allegedly downplayed inefficiencies arising from the integration and assured investors of their commitment to resolving these issues quickly [3]. - Shareholders are encouraged to register for the class action by the deadline of September 16, 2025, to potentially recover losses incurred [4]. Group 2: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflated stock prices [5].
Neogen (NEOG) FY Conference Transcript
2025-06-04 14:40
Neogen (NEOG) FY Conference June 04, 2025 09:40 AM ET Speaker0 Good morning, everyone. Thank you for joining us here. My name is Brandon Vasquez. I am the research analyst here at William Blair covering Neogen. I am required to inform you that for a complete list of disclosures, please go to our website at WilliamBlair.com. Happy to have CFO and COO Dave Namora with us from Neogen this morning who's gonna present. We he will go over presentation if we have a couple minutes. Like usual, I'll ask a couple que ...
ECL Stock Gains Following 5% Trade Surcharge in the United States
ZACKS· 2025-04-21 16:10
Core Viewpoint - Ecolab, Inc. has announced a 5% trade surcharge on all solutions and services in the U.S. effective May 1, 2025, to offset rising costs and maintain service standards, reflecting a proactive strategy to navigate inflationary pressures and support sustainable growth [1][3]. Company Summary - Following the surcharge announcement, Ecolab's shares increased by 1.9%, closing at $238.73, with a year-to-date gain of 1.9% compared to a 2% decline in the industry and a 10.5% decrease in the S&P 500 [2]. - Ecolab's market capitalization stands at $67.71 billion, and the company has consistently surpassed earnings estimates in the last four quarters, achieving an average surprise of 0.91% [4]. - The surcharge is a response to rising global tariffs, including a 145% tariff on imports from China, which have increased costs for raw materials and packaging. Ecolab's strategy includes a "local for local" approach, with over 90% of sales produced near customers [5]. - In Q4 2024, Ecolab's gross margin expanded by 135 basis points to 43.3%, and the operating margin increased by 141 basis points to 17.1%, indicating effective cost management and pricing adjustments [6]. - The surcharge is expected to enhance both top-line and bottom-line performance, stabilizing gross margins and protecting operating earnings while demonstrating Ecolab's pricing power in an inflationary environment [8]. - Looking ahead, the surcharge will support Ecolab's ability to reinvest in growth areas, maintain product supply, and continue innovation, likely improving financial performance in 2025 and beyond [9]. Industry Summary - The global food safety testing market was valued at $22.6 billion in 2023 and is projected to grow at a CAGR of 7.8% from 2024 to 2030, driven by increasing food-borne illnesses, consumer awareness, stricter regulations, and demand for convenient food products [10].