Wednesday, 18 Nov 2009 | Source: The Associated Press
Panera Bread Co. said Wednesday that Bill Moreton, its co-chief operating officer, will become CEO and president on May 13 when co-founder and current CEO Ron Shaich becomes executive chairman.
Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.
When consumers shut their wallets tight last year, caught in the vice grip of the financial crisis, many analysts expected that the downturn was so severe that it would make permanent changes in how consumers behaved.... Read More
After the bell, Chipotle Mexican Grill annihilated street expectations with third quarter earnings of $1.08 a share, up 83 percent from a year ago, compared to the expected $.88 from analysts... Read More