*Housing sector most vulnerable if yields keep rising. NEW YORK, Feb 3- A rough couple of months in the U.S. bond market has lifted interest rates off record lows and now could impede a slow economic recovery heavily dependent on cheap money to keep going.
NEW YORK, Feb 3- Former customers of Jon Corzine's collapsed brokerage MF Global would recover most, and probably all, of their money under the latest projections by the trustee liquidating its bankrupt parent company.
Feb 1- Shares of Pfizer Inc's animal health subsidiary Zoetis Inc, which sells drug products and other services for livestock and pets, closed up 20 percent to $31.01 in their New York Stock Exchange debut on Friday. Shares opened at $31.50 after the Madison, New Jersey- based company's stock was priced at $26, above an expected range of $22 to $25 a share.
NEW YORK-- Chubb Corp. shares hit an all-time high Friday after a Deutsche Bank analyst upgraded the company to "Buy" from "Hold," saying that the company offers the best value for investors among the traditional property and casualty companies.
Feb 1- Shares of Pfizer Inc's animal health subsidiary Zoetis Inc, which sells drug products and other services for livestock and pets, jumped 21 percent in their New York Stock Exchange debut on Friday. Shares opened at $31.50 after the Madison, New Jersey- based company's stock was priced at $26, above an expected range of $22 to $25 a share.
NEW YORK, Feb 1- The dollar fell to a 14- month low against the euro on Friday after U.S. jobs data reaffirmed expectations the Federal Reserve will maintain its stimulative policy and as euro zone factories had their best month in almost a year.
Feb 1- Shares of Pfizer Inc's animal health subsidiary Zoetis Inc jumped 21 percent on their New York Stock Exchange debut on Friday. Shares opened at $31.50 after the Madison, New Jersey- based company's stock was priced at $26, above an expected range of $22 to $25 a share. J.P. Morgan Chase& Co, Bank of America Merrill Lynch Corp and Morgan Stanley led the offering.
Feb 1- Shares of Pfizer Inc's animal health subsidiary Zoetis Inc rose 21 percent in their New York Stock Exchange debut on Friday. Shares opened at $31.50 after the Madison, New Jersey- based company raised $2.2 billion in the largest initial public offering from a U.S. firm since Facebook Inc.. Zoetis shares priced at $26, above their expected range of $22 to $25.
*Average hourly earnings rise four cents.
NEW YORK, Feb 1- The dollar fell to a 14- month high against the euro on Friday after U.S. jobs data reaffirmed expectations the Federal Reserve will maintain its stimulative policy and as euro zone factories had their best month in almost a year.
CHERRY HILL, N.J.-- Subaru of America Inc. said Friday that January U.S. sales rose 21 percent from the same month a year ago led by its Forester and Outback models. BY THE NUMBERS: Subaru said that it sold 27,663 vehicles last month, up from 22,807 in January 2012. TOP SELLER: The Outback wagon led the way, at 8,632, an increase of more than 16 percent.
HOUSTON, Feb 1- As J. Wayne Leonard retires from the ranks of U.S. electric utility executives, the former chairman of New Orleans- based Entergy Corp said he will continue to push the industry and the nation to combat climate change.
*Non-farm payrolls expected to rise 160,000 in January. WASHINGTON, Feb 1- U.S. job growth likely picked up modestly in January and the unemployment rate held steady, supporting views the economy's sluggish recovery was on track despite a surprise contraction in the final three months of 2012..
WARREN, N.J.-- Property and casualty insurer Chubb Corp. on Thursday said fourth-quarter net income dropped 77.4 percent as it suffered heavy costs related to Superstorm Sandy. Chubb bought back 369,900 shares at a total cost of $28 million, or an average cost of $76.54 a share, during the fourth quarter.
MURRAY HILL, N.J.-- Medical device maker C.R. Bard Inc. on Thursday that its net income rose 13 percent as sales improved and costs shrank. Bard said earnings after paying preferred dividends rose to $126 million, or $1.52 per share, from $111.8 million, or $1.30 per share, a year earlier.
Jan 31- Pfizer Inc's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Zoetis' over $2 billion public offering is the largest from a U.S. company since Facebook raised $16 billion last May.
Jan 31- Pfizer Inc's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Madison, New Jersey- based Zoetis, which priced 86.1 million shares at $26, is now valued at around $13 billion.
Jan 31- Pfizer Inc's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Madison, New Jersey- based Zoetis, which priced 86.1 million shares at $26, is now valued at around $13 billion.
*Settlement resolves intercompany claims between MF Global entities. Judge Martin Glenn greenlighted the deal at a hearing in U.S. Bankruptcy Court in Manhattan, about six weeks after trustees for MF's UK and U.S. broker-dealers, as well as its parent, announced the deal to resolve billions of dollars in intercompany claims.