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Alico Announces CFO Resignation

LABELLE, Fla., April 25, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that Scott Whitney, Alico's Chief Financial Officer, has notified the Company that he intends to resign for personal reasons and pursue other interests. Mr. Whitney has…

Alico Updates Status on IRS Examinations

LABELLE, Fla., March 17, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that it has received a Revenue Agent's Report ("RAR") from the Internal Revenue Service ("IRS") dated March 9, 2011 pertaining to previously disclosed examinations of Alico,…

Alico Announces Fracturing Sand Test Results

LABELLE, Fla., March 3, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that it has completed initial field testing at its proposed Keri Road Sand Mine Site in Hendry County, Florida situated on approximately 886 acres of the Company's land (the…

Alico, Inc. Announces Election of Directors

LABELLE, Fla., Feb. 23, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced at its Annual Meeting of Shareholders held on Friday, February 18, 2011, the Alico shareholders elected John R. Alexander, JD Alexander, Robert E. Lee Caswell, Thomas H. McAuley,…

Alico Reports First Quarter Earnings

LA BELLE, Fla., Feb. 9, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced a net loss for the three months ended December 31, 2010 of $92 thousand or $0.01 per share, compared with a net loss of $1.4 million or $0.19 per share for the three months ended…

Alico Announces Year End Investor Conference Call

LABELLE, Fla., Dec. 20, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, will hold an investor conference call on Tuesday, December 21, 2010 at 4:00 p.m. (EST), hosted by the Company's CEO JD Alexander with participation by senior management. The content of the…

Alico Reports Fourth Quarter and Annual Earnings

LABELLE, Fla., Dec. 15, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced a net loss for the fourth quarter of the fiscal year ended September 30, 2010 of $2.9 million or $.39 per share, compared with a net loss of $6.1 million or $.83 per share for the…

Alico, Inc. Updates Status on IRS Examinations

LABELLE, Fla., Nov. 2, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that it has received 30-day letters from the Internal Revenue Service dated October 28, 2010 pertaining to previously disclosed examinations of Alico, Inc. and Agri-Insurance Company,…

Thomas H. McAuley Elected to Alico, Inc. Board of Directors

LA BELLE, Fla., Oct. 11, 2010 (GLOBE NEWSWIRE) -- Alico, Inc., (Nasdaq:ALCO) a land management company, announced today that its Board of Directors has appointed Thomas H. McAuley as a Board member. Mr. McAuley was formerly the President of Inland Capital Markets Group, Inc., a subsidiary of TIGI,…

Alico, Inc. Announces Dividend, Sets Annual Meeting Date

LABELLE, Fla., Oct. 4, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on September 30, 2010, the Board declared a cash dividend in the amount of $.10 per share to be paid to shareholders of record as of October 29,…

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