Panera stock continues decline

June 5, 2007

Associated Press: Stocks fell for a second straight session Wednesday as U.S. investors' uneasiness about interest rates grew after a rate hike in Europe.

In other corporate news, Panera Bread Co. stocks fell $7.47, or 12.8 percent, to $50.84 after the restaurant chain reduced its forecasts for second-quarter profits and same-store sales, for sales at stores open at least a year.