Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.
Baidu shares traded lower Friday after the China-focused search engine operator posted stronger-than-expected fourth quarter earnings and held to its near-term revenue guidance despite the broader slowdown in the world's second-largest economy.
Newmont Mining shares jumped higher Friday amid reports that rival Barrick Gold is prepping a hostile takeover bid that would value the gold mining group at around $19 billion.
Kraft Heinz shares traded at an all time low Friday after a dismal fourth quarter, coupled with an SEC notice and a grim 2019 outlook, lopped more than $15 billion in market value value from the packaged food group.
Global oil prices printed fresh 2019 highs Friday, taking crude to the highest levels since early November, as hopes for a U.S.-China trade deal that would stoke demand in the world's biggest energy market continue to offset record U.S. production.
Global stocks traded higher Friday, setting up a positive session on Wall Street, as investors continue to eye headline moves in U.S.-China trade talks while navigating weaker-than-expected data in some of the world's biggest economies.
Domino's Pizza posts weaker-than-expected fourth-quarter earnings as comparable sales at its U.S.-owned stores disappointed investors amid increasing competition from rivals and delivery services.
Nike shares shares trade lower Thursday after one of the most popular collegiate athletes in the United States, and a projected No. 1 pick in this year's NBA draft, injures his knee after his Nike shoe collapses during a nationally televised game last night in North Carolina.
Bunge posted weaker-than-expected fourth quarter earnings Thursday and said it would drop guidance for individual business sectors as the agriculture commodity trader continues both a strategic review and a search for a new CEO.
Wendy's posted modestly stronger-than-expected fourth quarter earnings Thursday but reported weaker same-store sales in the United States and a softer 2019 profit outlook.
Wall Street futures drifted lower Thursday, despite multiple reports of significant progress in U.S.-China trade talks and confirmation from the Federal Reserve that it will remain "patient" on future rate hikes, as weaker consumer sector earnings clipped pre-market sentiment.
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