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Alico Adopts Long-Term Incentive Program

LA BELLE, Fla., June 2, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that the Company has adopted a Long-Term Incentive Program for key executives designed to align management interests and incentives with the long-term interest of the…

Alico Announces Investor Conference Call

LA BELLE, Fla., May 12, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, will hold an investor conference call on Tuesday, May 17, 2011 at 4:00 p.m. (EDT), hosted by the Company's CEO JD Alexander with participation by senior management. The content of the call…

Alico Reports Second Quarter Earnings

LA BELLE, Fla., May 10, 2011 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, today announced financial results for the second quarter and six months ended March 31, 2011. Fiscal 2011 Second Quarter Results The Company reported net income for the three months ended March…

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…

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