 |  | PepsiCo profit beats but lower margins weigh on shares |  | (Reuters) - PepsiCo Inc's quarterly revenue and profit beat estimates on demand for its healthier drinks and snacks and higher pricing in North America, but a contraction in the company's gross margins weighed on shares. | |  |  |  | Oil prices rise after big draw in U.S. crude inventories |  | NEW YORK (Reuters) - Oil prices rebounded from earlier losses on Wednesday after data showed a larger-than-expected falloff in U.S. crude inventories, a salve for investors after several days of declines founded on worries about the slow pace of global efforts to reduce a glut. | |  |  |  | SEC working 'diligently' on plan to test lower exchange fees |  | NEW YORK (Reuters) - The U.S. Securities and Exchange Commission is preparing a proposal for a pilot plan to test how lowering stock exchange fees would affect market quality and the behavior of market participants, a senior official at the regulator said on Wednesday. | |  | |  |  | |  |  | Related Video | |  | |  | |  |  |  | Related News | |  | |  | |  |  |  |  |  | Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. 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