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,…

Alico Sets Annual Meeting Date and Record Date for Annual Meeting, Establishes Vice Chairman and Executive Committee and Defers Dividend

LABELLE, Fla., Nov. 3, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, set December 30, 2009, as the record date for shareholders eligible to vote at the Company's annual meeting which will be held at 10:00 a.m. on February 19, 2010. The annual meeting will be held…

Alico Corrects Board Committee Changes

LA BELLE, Fla., Aug. 14, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced on August 12, 2009 that Robert Viguet was replacing Dean Saunders on the Company's Audit Committee. The press release should have stated that John Rood is replacing Mr. Saunders on…

Alico Announces Board Committee Changes

LA BELLE, Fla., Aug. 12, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that Director Dean Saunders has resigned from the Company's Audit Committee and been replaced by Director Robert Viguet, a securities lawyer. Mr. Saunders will remain on the…

Alico Reports Third Quarter Earnings

LA BELLE, Fla., Aug. 10, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net income for the three months ended June 30, 2009 of $609 thousand or $0.08 per share, compared with net income of $5.0 million or $0.68 per share for the three months ended June…

Alico, Inc. Announces Dividend and Real Estate Marketing Initiative

LABELLE, Fla., Aug. 4, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on July 31, 2009, the Board declared a dividend in the amount of $0.1375 per share to be paid to shareholders of record as of October 31, 2009…

Alico, Inc. Announces Dividend

LABELLE, Fla., June 8, 2009 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on June 5, 2009, the Board declared a dividend in the amount of $0.1375 per share to be paid to shareholders of record as of July 31, 2009…

Alico Special Committee for Troutman Litigation Issues Report Which Determines That It is Not in Alico's Best Interest to Pursue the Derivative Litigation

LABELLE, Fla., June 3, 2009 (GLOBE NEWSWIRE) -- Alico, Inc., (Nasdaq:ALCO), a leading landholder and land management company located in south Florida announced today that the Special Committee of Independent Directors of Alico's Board of Directors, which was constituted to investigate…