LONDON - European equities edged higher in early trade on Wednesday, extending gains from Tuesday after a batch of positive earnings and U.S. economic data briefly calmed worries over stretched valuations and the pace of economic recovery.
- PepsiCo Inc reported a 2 percent fall in second-quarter profit as carbonated soft drink volumes declined 2 percent in North America.
- Dow Chemical Co said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a petrochemical venture in 2008.
Jul.23 - Israeli forces pound multiple sites across the Gaza Strip and says it's meeting stiff resistance from Hamas Islamists, as diplomats try to end the bloodshed. Sarah Toms reports.