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Midday Bell: The Stocks That Are Moving Wednesday Afternoon

Major U.S. indices are trading in positive territory.

Major U.S. indices are trading in positive territory. But not shares of General Mills. The maker of Cheerios disappointed by missing Wall Street's estimates for its fourth-quarter earnings. General Mills' stock is down significantly in midday trading. Barnes & Noble also missed earnings estimates, but that's not the story investors are watching. The bookstore chain is beginning a new chapter, spinning off its Nook business as a separate public company in an effort to boost shareholder value. Investors are welcoming the news, moving the stock much higher Wednesday. TheStreet's Susannah Lee has the details.

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