Thursday, PepsiCo (NYSE: PEP) shares rose 2.81% to $98.30 after the company reported its second-quarter profits that surpassed forecasts. According to USA Today, Pepsi's full-year earnings increased, which it attributes to stronger North American sales. The company’s net earning of $1.98 billion exceed the $1.978 billion it raised over the same period of time last year. USA Today reports that Pepsico’s earning per share is also up from $1.29 to $1.32 billion. Currently the company’s revenue is down, 6% from $16.89 billion last year, but this is credited to foreign currency differences. For more business and financial news, click here.