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Feb 1- Merck& Co Inc's quarterly results beat estimates, helped by strong sales of its Januvia diabetes drug and Gardasil vaccine against cervical cancer, but the company forecast 2013 profit at the low end of expectations. The No. 2 U.S. drugmaker said it earned $1.4 billion, or 46 cents per share, in the fourth quarter.
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Feb 1- Beam Inc reported a smaller-than-expected decline in fourth-quarta9742reuff. On a net basis, the maker of Jim Beam, Maker's Mark and Knob Creek bourbons said on Friday that earnings were $126.3 million, or 79 cents per share, in the fourth quarter, up from $88.5 million, or 56 cents per share, a year earlier.
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Feb 1- Beam Inc reported lower quarterly earnings, excluding items, due to a 20 percent increase in how much it spent to advertise its alcoholic drinks during the key holiday season.
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The U.S. manufacturer, which has decided to spin off its security business, said on Friday fourth-quarter profit came to $235.6 million or 78 cents per share, compared with $242.2 million, or 76 cents per share, a year earlier.
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MEXICO CITY, Jan 31- Mexican copper miner and railroad operator Grupo Mexico said fourth-quarter net profit climbed 15 percent, helped by a more favourable exchange rate and improving copper prices on stronger demand from China.
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There's a seismic generational shift underway as more and more of the millennial generation enter the workforce, author Malcolm Gladwell said in a presentation at the TD Ameritrade conference on Thursday.
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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.
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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.
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Morgan Stanley said Chief Executive James Gorman will receive a base salary of $1.5 million in 2013, nearly double the $800,000 he received last year.
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The German banking giant said Thursday that its capital ratio improved by more than projected. So how did this happen?
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This could be the biggest U.S. bull market of our careers, Richard Bernstein of Richard Bernstein Advisors said at the TDAmeritrade Institutional Conference on Thursday.
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Commodity stocks in the food, timber and infrastructure sectors look attractive for 2013, Mike Underhill, founder and chief investment officer of Capital Innovations, told CNBC at the TDAmeritrade Institutional conference on Thursday. Plus, his equity picks.
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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.
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LOS ANGELES, Jan 31- Hotel-casino operator Wynn Resorts Ltd on Thursday posted a quarterly profit that was below Wall Street's estimates as its share of the Macau market declined. They continued a significant decline in Macau due to market share loss to the Cotai strip, where Wynn's competitors own properties, "said Chad Mollman, analyst with Morningstar Inc..
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The challenge to U.S. global leadership will not come from upstart emerging markets like China, but from a "U.S. gone bad," former Secretary of State Condolezza Rice told the TDAmeritrade Institutional conference.
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Now that the Dow Jones is flirting with all-time highs, retail investors can still enjoy additional gains, TD Ameritrade executives told the company's annual conference in San Diego on Thursday.
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*Facebook shares fall after earnings, Qualcomm up. NEW YORK, Jan 31- U.S. stocks edged lower on Thursday as investors took profit after a mixed bag of economic data, while stellar earnings from Qualcomm helped buoy the Nasdaq. Even with the retreat, the S&P 500 is on track to post its best month since October 2011 and its best start to a year since 1997..
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*Fourth-qtr profit $4.86 per share vs est $4.81 per share. Jan 31- MasterCard Inc's fourth-quarter results topped Wall Street estimates as more people chose card payments over cash but the payment network said global economic woes could slow revenue growth in 2013..
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Jan 31- Dunkin' Brands Group Inc posted a higher-than-expected quarterly profit on Thursday as operating costs fell and sales at established Dunkin' Donuts cafes in the United States came in above analysts' estimates.
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*Forecasts 2013 profit of $2.75- $3.25/ share; Wall Street view $3.18. Potash Corp, the world's biggest fertilizer company, reported a surprisingly large drop in fourth-quarter profit on Thursday and gave a first-quarter outlook below Wall Street's forecast.