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.
Boeing shares fell the most in more than seven months Friday after a report said the Federal Aviation Administration demanded the planemaker turn over internal communications that questioned the safety of software linked to the grounded 737 MAX jet.
U.K. lawmakers voted Saturday to delay approval of Prime Minister Boris Johnson's Brexit deal, setting up a potentially unprecedented clash between the country's ruling party and the Supreme Court.
Coca-Cola says it sees improving operating income for this year, despite stiffer headwinds from a stronger U.S. dollar, as growth of its trademark soft drink, as well as zero-sugar and healthier options, drove solid third-quarter sales growth.
Coke joined rival Pepsi in riding a renewed wave of demand for sugar-free and low-calorie soft drinks to firmer-than-expected sales this quarter, confirming the industry's focus on healthier snacks and changing consumer habits.
Global stocks retreated Friday after China posted its weakest quarterly economic growth rate in three decades, underscoring investor concern for a trade-related slowdown in major markets around the world and re-centering focus on the fate of ongoing trade talks between Washington and Beijing.
China's worrying economic slowdown, the steepest in three decades, puts renewed focus on the fate of trade talks with the United States and the chances of a tariff roll-back as the two sides look to end more than year of commercial and political hostilities.
Honeywell posted much stronger-than-expected third quarter earnings Thursday, and boosted the lower end of its full-year profit guidance even as it forecast revenues that fell shy of Wall Street forecasts.
IBM trades sharply lower Thursday after the group posted disappointing third quarter earnings in the first full update to include its $34 billion acquisition of Linux-maker Red Hat.
Morgan Stanley posted stronger-than-expected third quarter earnings Thursday as fixed income revenues surged despite a slow summer of trading.
Netflix shares surged higher Thursday after it added more international subscribers to its streaming service than Wall Street had forecast for the third quarter, easing concerns over the impact of rival offerings from Apple, Disney and Amazon.
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