General Mills raised prices on cereal and yogurt. It’s working – CNN

New York (CNN Business)General Mills, the owner of supermarket staples Cheerios, Haagen-Dazs ice cream and Progresso soup, said Wednesday that its latest earnings topped forecasts — largely because of higher prices.The company, which also owns Wheaties, Lucky Charms and Annie’s, said that the actual sales volume of its products fell in North America and Europe…

Payless went kaput. But that doesn’t mean DSW has to follow – CNN

New York (CNN Business)Payless is going out of business and will close all of its 2,100 US stores. DSW had a miserable holiday season, but it has developed a strategy to avoid Payless’ fate.DSW’s strong sales during November, December and January came at the expense of profit, the company reported Tuesday. DSW posted its fifth…

Stocks making the biggest moves midday: Facebook, Deutsche Bank, Lumber Liquidators & more – CNBC

Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. Check out the companies making headlines midday Monday: Boeing — Boeing shares slipped more than 2 percent after The Wall Street Journal reported that federal prosecutors and…