Doug Brignole's Iron Man Archive

Campbell's CEO Serves Up Warning For Restaurants As "Resilient" At-Home Cooking Trend Gains Steam There is not much to get excited about in canned-soup maker Campbell's third-quarter results, with sales slumping and softness in its snack unit weighing on performance. But one revealing detail from management's earnings call earlier on Monday offers a broader read-through on the consumer: households may be spending much more time cooking at home and pulling back from restaurants in the second half of the year.  The canned-soup maker reaffirmed its full-year outlook, but Wall Street analysts...

"Just Another Dip Investors Will Buy": Futures Drop, Oil Rises On Renewed Iran Tension US futures whipsawed and crude oil spiked higher as tensions flared up again in the Middle East, taking the focus off a run of strong earnings by megacap tech companies. As of 8:00am ET, S&P and Nasdaq 100 futures dropped 0.2% from Friday's record highs, falling as much as 0.5% just minutes earlier after Iran’s Fars agency claimed two missiles hit an American patrol boat, before erasing most of the declines after the US denied a...

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