Breaking News

Alberto-Culver 3Q Profit Falls on Charges

July 27, 2006

Beauty care and household products maker Alberto-Culver Co.’s fiscal third-quarter profit slumped 43 percent, primarily hurt by charges related to its failed deal with Regis Corp. The company said latest quarterly earnings include a charge of 34 cents for fees and expenses related to the terminated deal to sell its Sally Beauty sales business to hair salon operator Regis. There was also a stock option expense of 2 cents per share. Last year's results were impacted by a stock-conversion charge of 3 cents. Alberto-Culver announced in June, after the Regis deal fell through, that it would spin off its Sally Beauty business into a separately traded company. Alberto-Culver shareholders will own 52.5 percent of the new company and a fund managed by Clayton, Dubilier & Rice will acquire a stake of roughly 47.5 percent.
  • Patent Activity: Colgate-Palmolive

    Patent Activity: Colgate-Palmolive

    December 6, 2016
    New oral care compositions, the use of radish root ferment filtrate in a cleanser and more.

  • Sparkle & Shine

    Sparkle & Shine

    Melissa Meisel, Associate Editor||November 21, 2016
    Glam packaging and upscale scent combos are big at Yankee Candle for Holiday 2016.

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • Slow & Steady

    Slow & Steady

    Tom Branna, Editorial Director||December 1, 2016
    In a tumultuous environment, steady gains posted in the industrial and institutional cleaning sector are welcomed.

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna, Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • The Plex  Phenomenon

    The Plex Phenomenon

    Denise Costrini, Croda North America||December 1, 2016
    Croda details the hair-protecting qualities of bond multipliers and the company’s new bond-building formulation system.