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Alico Announces Investor Conference Call

LABELLE, Fla., May 26, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, will hold an investor conference call on Tuesday, June 1, 2010 at 5:00 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, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net income for the three months ended March 31, 2010 of $1.9 million or $0.26 per share, compared with net income of $2.1 million or $0.28 per share, for the three months ended March…

Alico Negotiates a One Time Debt Covenant Reduction

LABELLE, Fla., April 1, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that it had received a one time reduction of its debt service coverage covenant ratio requirement from its primary lender. Under the terms of the agreement, the debt service…

Alico Announces Investor Conference Call

LABELLE, Fla., March 8, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, will hold an investor conference call on Thursday, March 11 at 4:30 p.m. (EDT), hosted by the Company's CEO JD Alexander with participation by Ramon Rodriguez, Chairman of the Company's…

Alico Announces Appointment of JD Alexander as Chief Executive Officer and President

LA BELLE, Fla., Feb. 23, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that Steven M. Smith, the President and Principal Executive Officer of Alico, has submitted his resignation as President and Principal Executive Officer which was accepted today…

Alico Announces Resignation of Director and Election of Directors

LA BELLE, Fla., Feb. 22, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced on Friday, February 19, 2010, before the Company's annual shareholder's meeting, that Evelyn D'An notified the Company that she was resigning as the Chair of the Audit Committee…

Alico Reports First Quarter Earnings

LA BELLE, Fla., Feb. 9, 2010 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced a net loss for the three months ended December 31, 2009 of $1.4 million or $0.19 per share compared with a loss of $0.2 million or $0.02 per share, for the three months…

Alico Reports Fourth Quarter and Annual Earnings

LA BELLE, Fla., Dec. 14, 2009 (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, 2009 of $6.1 million or $0.84 per share, compared with a net loss of $4.6 million or $0.62 per share for…

Alico's Director Will Not Stand for Re-Election to Board of Directors

LA BELLE, Fla., Dec. 8, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that Dean Saunders has notified the Company that he will not stand for re-election to Alico, Inc.'s Board of Directors in February 2010. He will serve out his current term on…

Alico Receives Letter From Controlling Shareholder Reaffirming Commitment to Corporate Governance Practices

LABELLE, Fla., Dec. 7, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, received an amended governance letter from Atlantic Blue Group, Inc. (Atlanticblue), a 51% shareholder, expressing its ongoing commitment to certain corporate governance practices. In the letter,…

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