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NEOG / 3M announces preliminary results of split-off exchange offer, expects Neogen deal to close later Thursday

3M announces preliminary results of split-off exchange offer, expects Neogen deal to close later Thursday
3M MMM, -0.41% said Thursday it has received a total of about 214.2 million shares of common stock in its split-off exchange offer to shareholders to exchange their shares for shares of Garden SpinCo Corp. The exchange offer was part of the company's previously announced plan to spin off its healthcare business and create two listed companies. The SpinCo was created to hold the food and safety business ahead of a merger with a unit of Neogen Corp., which is expected to close later Thursday. Read More
Posted: Sep 1 2022, 06:49
Author Name: Market Watch
Views: 111546

NEOG News  

Neogen Struggling Through An Awkward Transition

By Seeking Alpha
October 17, 2023

Neogen Struggling Through An Awkward Transition

Neogen's weak first quarter results, including flat revenue on a pro forma basis, have seriously damaged its growth stock reputation, leading to a maj more_horizontal

Neogen's (NEOG) Q1 Earnings Miss Estimates, Margins Rise

By Zacks Investment Research
October 11, 2023

Neogen's (NEOG) Q1 Earnings Miss Estimates, Margins Rise

Neogen's (NEOG) Q1 Animal Safety business experiences continued destocking, with channel inventory levels reaching multi-year lows. more_horizontal

Neogen (NEOG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
October 10, 2023

Neogen (NEOG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Neogen (NEOG) give a sense of how the business performed in the quarter ended August 2023, it could be wort more_horizontal

Here's Why Neogen (NEOG) is Poised for a Turnaround After Losing -14.43% in 4 Weeks

By Zacks Investment Research
October 10, 2023

Here's Why Neogen (NEOG) is Poised for a Turnaround After Losing -14.43% in 4 Weeks

Neogen (NEOG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong a more_horizontal

Neogen (NEOG) Lags Q1 Earnings and Revenue Estimates

By Zacks Investment Research
October 10, 2023

Neogen (NEOG) Lags Q1 Earnings and Revenue Estimates

Neogen (NEOG) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings more_horizontal

Neogen set make a quiet start to new financial year

By Proactive Investors
October 9, 2023

Neogen set make a quiet start to new financial year

Neogen Corporation (NASDAQ:NEOG), a specialist in food safety solutions, is set to unveil its first-quarter earnings Tuesday (Oct 10) with investors e more_horizontal

Down -12.39% in 4 Weeks, Here's Why Neogen (NEOG) Looks Ripe for a Turnaround

By Zacks Investment Research
September 8, 2023

Down -12.39% in 4 Weeks, Here's Why Neogen (NEOG) Looks Ripe for a Turnaround

Neogen (NEOG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong a more_horizontal

Why Shares of Neogen Are Slumping This Week

By The Motley Fool
September 7, 2023

Why Shares of Neogen Are Slumping This Week

Neogen's animal safety division had the weakest numbers. The company said its legacy food safety revenue is expected to rise in the low single digits. more_horizontal


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