Posted inMaine, sj-web

Idexx says rival company recruited its workers, stole trade secrets

Idexx Laboratories, the Westbrook veterinary services firm, has accused two former employees and Portland-based Vets First Choice of stealing secret business plans and information. In a lawsuit filed Friday in U.S. District Court, Idexx said Dan Leach and Agostino Scicchitano took confidential planning documents and training materials from company computers when they moved to Vets […]

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Posted inBusiness, sj-web

Idexx labs debuts on Fortune 1000 list

Idexx Laboratories Inc. of Westbrook has made its debut on Fortune magazine’s Fortune 1000 list of the largest U.S. publicly traded companies, ranked by annual revenue. Fortune announced its 2018 list Monday. Idexx, which produces veterinary diagnostic testing equipment, software and other products, ranked No. 961 based on its 2017 revenue of $1.97 billion. No […]

Posted inBusiness, sj-web

Idexx joins S&P 500 index

WESTBROOK — Maine-based Idexx Laboratories Inc. is being added to the Standard and Poor’s 500 stock index. Idexx CEO Jonathan Ayers said Wednesday it’s an honor to be included on the market index that’s based on 500 large companies traded on the New York Stock Exchange and NASDAQ. He said it’s a testament to the […]

Posted inLewiston-Auburn

Bates to give honorary degrees to Idexx founder, Pulitzer winner, actress Glenn Close

LEWISTON — A national business leader, a Pulitzer Prize-winning writer, a technology visionary and an acclaimed actress will receive honorary degrees during Bates College’s 148th commencement ceremony Sunday, May 25. The honorees will be: * David Shaw, a champion of corporate social responsibility and founder of Idexx; * Isabel Alexis Wilkerson, a Pulitzer Prize-winner and author […]

Posted inMaine, sj-web

Maine company’s second-quarter profits up 5.2 percent

NEW YORK (AP) — Idexx Laboratories Inc. said Tuesday its second-quarter net income rose 5 percent as revenue from its companion animal business jumped, but shares slipped after the company lowered its full-year revenue guidance. Idexx, which provides diagnostic services to veterinarians, earned $54 million, or 99 cents per share, up from $51.3 million, or […]