Alico, Inc. Appoints Dan L. Gunter as Chief Executive Officer

LABELLE, Fla., June 30, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that Dan L. Gunter, President and Chief Operating Officer, was named Chief Executive Officer of the Company effective July 1, 2008. Mr. Gunter will succeed John R. Alexander who held…

Alico Corrects Ethanol Press Release

LaBELLE, Fla., June 3, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (NASDAQ:ALCO), a land management company, announced yesterday that it was discontinuing its ethanol pursuits. The release as issued inadvertently omitted the sentence below: "During the past year, Alico has been working with New Planet…

Alico to Discontinue Ethanol Efforts

LABELLE, Fla., June 2, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that it will no longer explore the development of an ethanol facility. As previously announced, the Company had been selected by the United States Department of Energy (DOE) and…

Alico Reports Second Quarter Earnings

LABELLE, Fla., May 12, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net earnings for the second quarter of fiscal year 2008 of $1.5 million, or $0.21 per share, compared with net earnings of $5.5 million, or $0.75 per share, during the three months…

Alico, Inc. Announces Regular Quarterly Dividend

LABELLE, Fla., April 29, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on April 25, 2008, the Board declared a regular quarterly dividend in the amount of $0.275 per share to be paid to shareholders of record as…

Alico Reports First Quarter Earnings

LABELLE, Fla., Feb. 15, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net earnings for the first quarter of fiscal year 2008 of $2.8 million, or $0.38 per share, compared with net earnings of $2.6 million, or $0.35 per share, during the three months…

Alico Inc. Announces CEO Succession Plan

LABELLE, Fla., Jan. 23, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that John R. Alexander, its Chief Executive Officer and Chairman of the Board has recommended that Dan L. Gunter, President and Chief Operating Officer, be named Chief Executive…

Alico, Inc. Announces Regular Quarterly Dividend and Election of Directors

LA BELLE, Fla., Jan. 22, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced at its annual stockholders meeting held on Friday, January 18, 2008, the election by stockholders of JD Alexander, John R. Alexander, Robert E. Lee Caswell, Evelyn D'An, Phillip…

Alico Reports Fourth Quarter and Annual Earnings

LA BELLE, Fla., Nov. 14, 2007 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced a net loss for the fourth quarter of fiscal year 2007 of $7.4 million, or $1.02 per share, compared with net earnings of $109 thousand, or $0.02 per share, during the fourth quarter…

Alico Restructures Land Sale Agreements

LABELLE, Fla., Oct. 24, 2007 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that its wholly owned subsidiary, Alico-Agri, Ltd. (the Company) has restructured one of its previously announced agreements with The Ginn Development Companies (Ginn) for the…