Archives for July 27, 2011

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Food safety firm Neogen reports net income up 30%

By Mike Stones

Food and animal safety company Neogen reported a 30 percent boost to its net income to reach $22,839,000 for its 2011 fiscal year, which ended May 3. Net income climbed to $0.96 per share, compared with $0.76 per share the year before.

Danisco buy-out fails to dent DuPont Q2 earnings

By Shane Starling

Dupont, which earlier in the year warned that its May $6.49bn acquisition of Danisco would dent its yearly profits, has defied expectations in second quarter results published today.