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.
American Express posted stronger-than-expected first quarter earnings Thursday, and held onto its full-year outlook, but rising expenses and rewards program costs ate into its bottom line.
BB&T Corp. posted stronger-than-expected first quarter earnings Thursday following its $66 billion merger with SunTrust Banks earlier this year that created the country's sixth-largest lender.
Honeywell posted stronger-than-expected first quarter earnings, and boosted its full year outlook, thanks to a solid performance from its aerospace division.
Travelers Companies posted stronger-than-expected first quarter earnings Thursday as the property and casualty insurer rode improved underwriting and sharply lower catastrophe losses to just under $800 million in net income.
Facebook shares traded lower Thursday after the world's biggest social media group admitted to yet another potential data breach involving the "unintentional" uploading of millions of email contacts.
Canopy Growth Corp confirmed plans to buy U.S.-based Acreage Holdings once and if cannabis is made federally legal in the United States in a deal that values the group at around $3.4 billion.
Global stocks drifted lower Thursday, with investors adopting a cautious stance ahead of the release of the Mueller Report into allegations of Russian election meddling later today and news of renewed weapons tests by North Korea that threaten to unravel President Donald Trump's broader Asia strategy on trade and security.
Canopy Growth Corp. shares were indicated sharply higher Thursday following a report the Canadian marijuana group is close to buying U.S.-based Acreage Holdings.
PepsiCo posts stronger-than-expected first-quarter earnings after recording the fastest pace of organic sales growth in more than three years.
Netflix shares traded higher Wednesday even after the online streaming service said current quarter subscriber additions would likely miss Wall Street forecasts as a recent price increase works its way through markets around the world.
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