Stocks Retreat From Yesterday's Highs; Yahoo Purchases Snapchat Rival

After achieving record finishes yesterday the Dow Jones and the S&P 500, along with Nasdaq ended the day down. The way we order fast food restaurants may be changing due to the improvements of Panera (PNRA). The fast-food sandwich restaurant plans to introduce high-tech ordering to its stores by way of in-store kiosks. The CEO and founder hopes to achieve his goal of never having a customer wait. Today it was announced that Yahoo (YHOO) is purchasing the mobile messaging app Blink, whose main rival is Snapchat.
The terms of the deal have not been released yet but may be released in the coming weeks.

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Published on May 14, 2014
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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