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• UPDATE 1-Beam's lower profit beats Street by a penny

  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.

• Zoetis raises about $2.2 billion in IPO

  Pfizer's animal health business Zoetis has raised about $2.2 billion in its initial public offering of 86.1 million shares, and the stock is expected to begin trading Friday. The New York company priced the IPO at $26 per share, which is $1 above the top end of the range it estimated in filings with the Securities and Exchange Commission.

• Beam profit slips after marketing boost

  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.

• Ingersoll-Rand profit slips 2.7 percent in quarter

  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.

• UPDATE 2-Grupo Mexico Q4 profit up; China copper demand improves

  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.

• Malcolm Gladwell: A Generational Tipping Point Is Coming

  

  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.

• Chubb's Q4 profit drops on big Sandy costs

  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.

• Sales growth lifts CR Bard's 4Q profit

  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.

• Emulex posts lower 2Q net income

  COSTA MESA, Calif.-- Data storage equipment maker Emulex Corp. said Thursday that its fiscal second-quarter net income and revenue fell, and it gave a forecast for the current quarter below Wall Street's expectations. For the current quarter Emulex forecast adjusted earnings of 12 to 14 cents per share on revenue of $110 million to $114 million,.

• UPDATE 1-Zoetis IPO prices at $26; largest US deal since Facebook

  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.

• CORRECTED-Zoetis IPO prices above expected range

  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.

• Principal Financial profit jumps on higher revenue

  DES MOINES, Iowa-- Financial services company Principal Financial Group Inc. said Thursday that its fourth-quarter profit jumped by 47 percent, helped by losses on commercial mortgage investments winding down. The company, based in Des Moines, Iowa, said net income grew to $218.6 million, from $148.5 million a year ago.

• Morgan Stanley CEO Gets Pay Raise to $1.5 Million

  

  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.

• Deutsche Bank Improved Its Capital Ratio By Changing Risk Measures

  

  The German banking giant said Thursday that its capital ratio improved by more than projected. So how did this happen?

• This Could Be a Huge Bull Market: Bernstein

  

  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.

• Invest in Food, Fuels and Forests as Global Population Grows: Fund Manager

  

  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.

• Zoetis IPO prices above expected range

  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.

• Wynn posts lower-than-expected profit, cites Macau decline

  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..

• Bebe's posts 2Q loss on heavy discounting

  NEW YORK-- Bebe Stores Inc. swung to a loss in its fiscal second quarter from a profit a year ago, as the teen fashion retailer was forced to discount its goods more than expected during the critical holiday shopping season. Bebe said it lost $4.8 million, or 6 cents per share, for the three months that ended Dec. 29, according to preliminary results.

• NetSuite 4Q profit, revenue top expectations

  SAN MATEO, Calif.-- Cloud-computing and enterprise software provider NetSuite Inc. said Thursday that its loss widened in the final quarter of the year as revenue grew strongly but costs rose more quickly. The net loss in the quarter that ended Dec. 31 came to $9.6 million, or 13 cents per share, worse than the loss of $7.6 million, or 11 cents per share, a year ago.