Inside these posts: Alberto-Culver earnings

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Street beats Alberto, despite 30% fiscal 1Q gains

Alberto-Culver Co.’s fiscal first-quarter earnings rose 30 percent, missing Street estimates, as currency fluctuations and rising input costs dampened sales growth.

The personal-care product maker’s shareholders approved its $3.7 billion acquisition by consumer products giant Unilever PLC last month after it conceded in November to some institutional investors’ demands for the company to make itself more amenable to competing offers. Get the full story »