(Reuters) - Deutsche Bank (DBKGn.DE) is winning market share to combat falling margins in its key investment banking arm and is confident of its ambitious 2011 profit target, top bosses said on Thursday. The bank also revealed an average investment banker pay of over $500,000 each last year, a bigger bonanza than that enjoyed by employees of No. 1 Wall Street player Goldman Sachs (GS.N).

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(Reuters) - Stocks rose on Tuesday as solid manufacturing data in the United States and Europe helped investors turn their attention away from the turmoil in the Middle East to hopes that a global economic recovery was on track. The U.S. manufacturing sector expanded at its fastest pace since May 2004 in January, and prices paid jumped more than expected, according to an industry report.

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(Reuters) - The U.S. manufacturing sector grew at its fastest pace in nearly seven years in January, and prices paid jumped more than expected in the latest sign the economic recovery is gaining traction. The Institute for Supply Management's monthly manufacturing survey fits into a pattern of steadily improving data and comes ahead of Friday's closely watched U.S. payrolls report expected to show the U.S. economy added jobs for a fourth straight month.

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(Reuters) - United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up nearly 3 percent on Tuesday in premarket trading. "In less than two years from the recession, they already think they can exceed peak earnings," said BB&T analyst Kevin Sterling. The economic bellwether's fourth-quarter adjusted operating profit rose to $1.08 per share, up 44 percent from a year ago and topping the $1.05 per share expected by analysts, according to Thomson Reuters I/B/E/S.

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(Reuters) - Pfizer Inc, the world's largest drugmaker, said it was shrinking its operations to deliver on its profit forecast for 2012 -- the first full year its $10 billion Lipitor cholesterol fighter faces cheaper U.S. generics. Newly appointed Chief Executive Ian Read said he would slash the company's research and development budget in 2012 and announced an additional $5 billion share buyback.

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(Reuters) - Gap Inc said the executive who oversaw its failed attempt to update its logo last fall and disappointing sales at its namesake North American stores in December is leaving the company. Gap did not disclose the reason for the departure of the executive, Marka Hansen, who has headed Gap North America since 2007. But Hansen's attempt to update Gap's iconic logo came under intense fire in October from customers who preferred the original blue box design.

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(Reuters) - The threat that rising input prices pose to corporate profit margins was highlighted again as a number of U.S. manufacturers, including Emerson Electric Co and Paccar Inc, reported quarterly earnings. The prices of steel, copper and aluminum -- key components in many products -- have all crept higher over the past three months amid growing signs that North America and Europe are joining the emerging markets in putting the recent recession behind them.

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(Reuters) - Procter & Gamble Co is consolidating its three global business units into two as Robert Steele, vice chairman of the $14.6 billion health and well-being unit, prepares to retire later this year. Steele will retire as of September 1, after 35 years at the company, the company said on Tuesday. Starting today, he is serving as vice chairman of health care strategy until his retirement.

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(Reuters) - BP reignited doubts about its ability to return to growth on Tuesday as below-forecast profit, disappointing production guidance and new oil spill charges overshadowed the oil major's return to dividend payouts. But Chief Executive Bob Dudley offered an apparent olive branch in a dispute with his Russian partners in joint venture TNK-BP who are trying to block a recent deal between BP and Russian state-owned oil and gas group Rosneft.

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(Reuters) - U.S. auto sales lost momentum in the final weeks of January, auto executives and a leading analyst cautioned on Monday, setting the stage for a softer start to 2011 than the industry had expected. J.D. Power, which gathers sales data from almost 9,000 U.S. car dealerships, issued an unusual update to its monthly sales forecast on the eve of the Tuesday sales report, cautioning that consumers had pulled back from purchases ahead of the crucial end of the month.

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