December 22, 2009
Detroit-based automotive retail consulting firm, Urban Science, announced that 1,467 U.S. car dealerships closed during the first 10 months of this year, leaving 18,617 auto dealerships in operation as of Nov. 1, 2009. This follows 2008′s net loss of…
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December 14, 2009
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 the fourth quarter of the fiscal year ended September 30, 2008. The loss during the quarter ended September 30, 2009 was impacted by fixed asset impairments totaling $5.1 million before income taxes. Annually, Alico reported a net loss of $3.6 million, or $0.50 per share, for the fiscal year ended September 30, 2009 compared with net earnings of $4.7 million, or $0.76 per share, for the fiscal year ended September 30, 2008.
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