Bloomberg LINK to host a summit Bloomberg Washington Summit will examine the state of the economy and engage in bipartisan discussion about the best next steps toward recovery with speakers to include former Chairman of the Federal Reserve Alan Greenspan, President of the Federal Reserve Bank of Richmond Jeffrey Lacker and former SEC Chairman Arthur Levitt, is being held on May 1 with webcasted presentations to begin at 8:30 am. Webcast Link
Panera Bread downgraded to Hold on valuation at Wunderlich Wunderlich downgraded Panera Bread to Hold from Buy with shares within 8% of its unchanged price target of $185. The firm still expects Panera's same-store sales to continue to improve thru 2015 and 2016.
Hain Pure Protein extends relationship with Panera Bread The Hain Celestial Group (HAIN) announced that Hain Pure Protein has entered into a new supply agreement with Panera (PNRA) to provide Plainville Farms turkey breast meat raised without antibiotics to Panera Bread. HPPC has been supplying Panera Bread with turkey raised without antibiotics on family farms since 2011.