Submitted by admin on Monday, November 3, 2008 - 17:15

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Quote Citi analyst downgrades Alberto-Culver sharesBy The Associated Press 12:04 PM ET

NEW YORK - A Citigroup analyst downgraded shares of Alberto-Culver Co. to "Hold" from "Buy" on Monday, saying the shares had grown too expensive.

Shares fell 80 cents, or 3.1 percent, to $24.93 in late morning trading Monday.

Alberto-Culver makes hair care products under brand names such a...

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