Oreo maker Mondelez's earnings jump on higher volumes, prices

Volumes rose in some of its biggest markets such as North America and Asia Pacific, where it also raised prices. Total revenue, however, declined for the tenth straight quarter, hit by the strong dollar and as consumers increasingly avoid high-calorie or sugary food in favor of healthier food. Profit attributable to Mondelez rose 71 percent to $554 million, or 35 cents per share, in the first quarter ended March 31.