Land management

Lady Bird Johnson Wildflower Center Predicts Big Spring Wildflower Showing

Retrieved on: 
Wednesday, February 21, 2024

Austin, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Austin, TX– Experts at the Lady Bird Johnson Wildflower Center are predicting the 2024 wildflower season to be a banner year of blooms.

Key Points: 
  • Austin, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Austin, TX– Experts at the Lady Bird Johnson Wildflower Center are predicting the 2024 wildflower season to be a banner year of blooms.
  • “Last summer’s drought likely helped this spring’s wildflower display,” added Matt O’Toole, Director of Land Management for the Wildflower Center.
  • For more information about the 2024 wildflower season, visit the Wildflower Center’s Texas Wildflower Central webpage.
  • To download high-resolution wildflower photos for your story, please visit this link and credit each photo as “Credit: Lady Bird Johnson Wildflower Center”.

Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2023

Retrieved on: 
Wednesday, February 7, 2024

The increase in operating expenses from Land Management and Other Operations for the three months ended December 31, 2023, as compared to the three months ended December 31, 2022, is primarily due to an increase in property taxes.

Key Points: 
  • The increase in operating expenses from Land Management and Other Operations for the three months ended December 31, 2023, as compared to the three months ended December 31, 2022, is primarily due to an increase in property taxes.
  • General and administrative expense for the three months ended December 31, 2023 was $3.3 million, compared to $2.5 million for the three months ended December 31, 2022.
  • Other income (expense), net for the three months ended December 31, 2023 and 2022, was $75.5 million and $2.0 million, respectively.
  • Total debt was $84.7 million and net debt was $66.1 million at December 31, 2023, compared to $128.7 million and $127.6 million at September 30, 2023.

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2023

Retrieved on: 
Wednesday, December 6, 2023

For the fiscal year ended September 30, 2023, Alico Citrus harvested 2.7 million boxes of fruit, a decrease of 51.5% from the prior year.

Key Points: 
  • For the fiscal year ended September 30, 2023, Alico Citrus harvested 2.7 million boxes of fruit, a decrease of 51.5% from the prior year.
  • Income from operations for the Land Management and Other Operations Division decreased for the fiscal year ended September 30, 2023, by $0.5 million, compared to the prior year.
  • General and administrative expense for the year ended September 30, 2023 was $10.6 million, compared to $10.1 million for the year ended September 30, 2022.
  • Other income, net, for the years ended September 30, 2023 and 2022 was $6.7 million and $37.8 million, respectively.

HowGood Announces First-to-Market Sustainability Software Built for the Food Industry to Measure & Reduce Carbon Emissions for New SBTi FLAG Guidance

Retrieved on: 
Tuesday, September 26, 2023

The new FLAG emissions dashboard from HowGood is now available in their SaaS platform, Latis, for food and beverage companies to establish accurate emissions baselines and set strategies to continuously improve their environmental impact.

Key Points: 
  • The new FLAG emissions dashboard from HowGood is now available in their SaaS platform, Latis, for food and beverage companies to establish accurate emissions baselines and set strategies to continuously improve their environmental impact.
  • SBTi’s FLAG guidance provides the world’s first standard method for companies in land-intensive sectors to set targets specific to their land-based emissions reductions and removals.
  • The updated SBTi FLAG guidance will especially impact companies in the food industry, which is responsible for up to a third of overall global emissions but also holds vast opportunity for carbon sequestration and removals.
  • On September 28, HowGood will be hosting a webinar on how food and beverage companies can prepare for FLAG and meet carbon reduction goals.

Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2023

Retrieved on: 
Thursday, August 3, 2023

The Company’s average realized/blended price per pound solids for the nine months ended June 30, 2023 increased by approximately 3.0%, as compared to the prior year period.

Key Points: 
  • The Company’s average realized/blended price per pound solids for the nine months ended June 30, 2023 increased by approximately 3.0%, as compared to the prior year period.
  • Income from operations for the Land Management and Other Operations Division decreased for the nine months ended June 30, 2023 by $0.2 million, compared to the nine months ended June 30, 2022.
  • “Through June 30, 2023 we have sold approximately 1,436 acres of ranch land, for net proceeds of approximately $7.6 million.
  • Other income (expense), net for the nine months ended June 30, 2023 and 2022 was approximately $3.8 million and approximately $38.2 million, respectively.

CEFC and CDPQ announce new strategic partnership focused on agricultural land in Australia

Retrieved on: 
Tuesday, June 20, 2023

Gunn Agri Partners was established by a team of agricultural and investment industry professionals combining decades of hands-on experience in institutional farm ownership and management.

Key Points: 
  • Gunn Agri Partners was established by a team of agricultural and investment industry professionals combining decades of hands-on experience in institutional farm ownership and management.
  • The firm adopts an industry-leading sustainability approach to agricultural asset management that allows it to establish a scalable and specialised operational team in the local communities where the assets are located.
  • Through this partnership, Gunn Agri Partners will be well positioned to build on its position in the Australian market.
  • "Our second strategy, focused on row crops is fully deployed and has recorded above target returns to date.

Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2023

Retrieved on: 
Thursday, May 4, 2023

The Company’s average realized/blended price per pound solids for the six months ended March 31, 2023 increased by approximately 3.1%, as compared to the same period of the prior fiscal year.

Key Points: 
  • The Company’s average realized/blended price per pound solids for the six months ended March 31, 2023 increased by approximately 3.1%, as compared to the same period of the prior fiscal year.
  • Income from operations for the Land Management and Other Operations Division decreased for the six months ended March 31, 2023 by $0.4 million, compared to the six months ended March 31, 2022.
  • Other income (expense), net for the six months ended March 31, 2023 and 2022 was approximately $2.4 million and approximately $33.3 million, respectively.
  • On April 14, 2023 the Company paid a second quarter cash dividend of $0.05 per share on its outstanding common stock to stockholders of record as of March 31, 2023.

ALICO DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Alico, Inc. and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, April 15, 2023

Investors have until April 18, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until April 18, 2023 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • Alico, together with its subsidiaries, operates as an agribusiness and land management company in the U.S.
  • The Alico Citrus segment cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets.
  • On December 6, 2022, Alico issued a press release announcing that the Company was postponing its year-end earnings call.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Inspirato, Kornit, Alico, and Catalent and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, April 13, 2023

Based on these facts, the Company’s public statements were false and materially misleading throughout the class period.

Key Points: 
  • Based on these facts, the Company’s public statements were false and materially misleading throughout the class period.
  • For more information on the Inspirato class action go to: https://bespc.com/cases/ISPO
    Kornit designs and manufactures industrial digital printing technologies for the garment, apparel, and textile industries.
  • Through customer support contracts, Kornit also provides customer assistance and equipment services for its printers, including technical support, maintenance, and repair.
  • As a result of these misrepresentations, Kornit ordinary shares traded at artificially inflated prices throughout the Class Period.

SHAREHOLDER ALERT: Pomerantz Law Reminds Shareholders with Losses on their Investment in Alico, Inc. of Class Action Lawsuit and Upcoming Deadline – ALCO

Retrieved on: 
Saturday, April 8, 2023

NEW YORK, April 08, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) and certain officers.

Key Points: 
  • NEW YORK, April 08, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) and certain officers.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.