FORT MYERS, Fla., Aug 1, 2012 (GlobeNewswire via COMTEX) -- Alico, Inc. ("Alico") (NASDAQ:ALCO) , a land management company primarily engaged in a variety of agribusiness pursuits, announced that its Board of Directors, at a meeting held on July 27, ...

July 26, 2012. FORT MYERS - Private Equity Group LLC has agreed to buy 5187 acres of undeveloped land from Alico-Agri, a subsidiary of Alico Inc., for $10 million.

FORT MYERS, Fla., Jul 25, 2012 (GlobeNewswire via COMTEX) -- Alico, Inc. (NASDAQ:ALCO) (the "Company" or "Alico"), a land management company, announced today that its wholly-owned subsidiary, Alico-Agri, Ltd.

Dole Food Company, Inc (NYSE:DOLE) reported that earnings in the second-quarter moved down 21% as the company observed lower fresh fruit revenue, although sales of fresh vegetables and packaged foods climbed.

At first glance, Alico, Inc. (NASDAQ:ALCO) looks like a stock rocket. Shares have soared 33% since mid-June, and have only failed to make gains one day out of the last eighteen.

The European sovereign debt crisis has lead to renewed focus on governments' ability to repay or refinance debt. Further, with the government sector leveraging in most countries post the financial crisis, the debt for the government sector is ballooning.