| | 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. Register Today | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | » » MORE NEWSLETTERS | | |