Latest news with #ALCO
Zawya
27-05-2025
- Business
- Zawya
Egypt: Banque Misr suspends USD-denominated Al-Qema CDs, cuts return on EGP certificates
Arab Finance: The Assets and Liabilities Committee (ALCO) at Banque Misr has decided to suspend the issuance of dollar-denominated Al-Qema savings certificates (CDs) with prepaid interest in Egyptian pounds. The committee also decided to reduce the return on EGP saving certificates by 1%. these decisions are effective as of Tuesday, May 27th, 2025. This move follows the Central Bank of Egypt's (CBE) decision to cut key interest rates by 100 basis points (bp). © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Yahoo
13-05-2025
- Business
- Yahoo
Alico: Fiscal Q2 Earnings Snapshot
FT. MYERS, Fla. (AP) — FT. MYERS, Fla. (AP) — AliCo. (ALCO) on Tuesday reported a loss of $111.4 million in its fiscal second quarter. On a per-share basis, the Ft. Myers, Florida-based company said it had a loss of $14.58. Losses, adjusted for asset impairment costs and restructuring costs, were $10.98 per share. The agribusiness and land management company posted revenue of $18 million in the period. Alico shares have climbed 14% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $29.45, an increase of 9% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ALCO at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
06-05-2025
- Business
- Associated Press
Alico to Participate at the BMO Global Farm to Market Conference
Published [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] FORT MYERS, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ('Alico' or the 'Company') (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will host one-on-one meetings with investors at the BMO Global Farm to Market Conference, taking place May 14-15, 2025 in New York City, NY. About Alico Alico, Inc. currently operates two divisions: Alico Citrus, currently one of the nation's largest citrus producers, and Land Management and Other Operations, which include land leasing and related support operations. While Alico Citrus will wind down operations after the current crop is harvested in the first half of calendar year 2025, due to environmental and financial challenges, Alico remains committed to Florida's agriculture industry, and will focus on its long-term diversified land usage and real estate development strategy. Learn more about Alico (Nasdaq: 'ALCO') at . Investor Contact: John Mills ICR (646) 277-1254 [email protected] Brad Heine Chief Financial Officer (239) 226-2000 [email protected] The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world's population sees AP journalism every day.
Yahoo
26-03-2025
- Business
- Yahoo
Alico, Inc. to Present at the 15th Annual LD Micro Invitational
FORT MYERS, Fla., March 26, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ('Alico' or the 'Company') (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present and host one-on-one meetings with investors at the 15th Annual LD Micro Invitational. This event will take place at The Westin Grand Central in New York on April 9 and 10, 2025. Alico's presentation will begin at 9:00AM ET on Thursday, April 10, 2025. Management will also host one-on-one meetings with investors on Thursday, April 10, 2025. This year's LD Micro Invitational is expected to feature presentations from 50 companies, with the opportunity for private one-on-one meetings. Alico's presentation will be available to view here. To register for the conference or request a one-on-one meeting with Mr. Kiernan, please visit here. About Alico Alico, Inc. currently operates two divisions: Alico Citrus, currently one of the nation's largest citrus producers, and Land Management and Other Operations, which include land leasing and related support operations. While Alico Citrus will cease operations after the 2024/2025 harvest due to environmental and financial challenges, Alico remains committed to Florida's agriculture industry, and will focus on its long-term diversified land usage and real estate development strategy. Learn more about Alico (Nasdaq: 'ALCO') at About LD Micro LD Micro aims to be the most essential resource in the micro-cap world. Whether it is the Index, comprehensive data, or hosting the most significant events annually, LD's sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies. To learn more about LD Micro, visit Investor Contact:John MillsICR(646) 277-1254InvestorRelations@ Brad HeineChief Financial Officer(239) 226-2000bheine@ in to access your portfolio
Yahoo
28-01-2025
- Business
- Yahoo
Alico, Inc. to Participate at Inaugural LD Micro Summit
FORT MYERS, Fla., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. ('Alico' or the 'Company') (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will host one-on-one meetings with investors at the inaugural LD Micro Summit, a private, invite-only event designed to showcase a hand-picked group of dynamic companies. The conference will take place on Monday, February 3rd and Tuesday, February 4th, 2025 in Fort Lauderdale, FL. To register for the conference or one-on-one meeting, visit here. About Alico Alico, Inc. currently operates two divisions: Alico Citrus, currently one of the nation's largest citrus producers, and Land Management and Other Operations, which include land leasing and related support operations. While Alico Citrus will cease operations after the 2024/2025 harvest due to environmental and financial challenges, Alico remains committed to Florida's agriculture industry, and will focus on its long-term diversified land usage and real estate development strategy. Learn more about Alico (Nasdaq: 'ALCO') at Investor Contact:John MillsICR(646) 277-1254InvestorRelations@ Brad HeineChief Financial Officer(239) 226-2000bheine@
