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.
Global stocks drifted lower Monday, pushing U.S. equity futures heading into red at the start of what is likely the final full trading week of the year, as investors remain cautious over the health of the world economy and remain focused on two key policy events in the coming days.
Here's what investors should know about the Federal Reserve's possible rate hike, the Santa Claus Rally and the banking sector heading into 2019.
Google parent Alphabet said Monday that it will invest more than $1 billion to build a new campus in the Hudson Square area of New York that will be its primary global business hub.
Johnson & Johnson shares plunged the most in more than 15 years Friday following a report that said the company knew for decades that its iconic baby powder sometimes contained asbestos and failed to alert authorities.
Starbucks shares fell the most in nearly six months Friday after the coffee chain unveiled an aggressive expansion strategy in China that could be at risk from slowing consumer sales in the world's second-largest economy and guided investors to modestly long-term earnings growth.
Pfizer shares traded lower Friday even as the pharmaceutical group boosted it latest quarterly dividend and said it would buyback another $10 million in company stock in what may be the last corporate act of outgoing CEO Ian Read.
Adobe says 2019 revenue will top $11 billion.
U.S. retail sales grew by a much stronger-than-expected pace last month, the Commerce Department said Friday, with purchases fueled by falling gas prices and booming consumer sentiment amid a record Black Friday to Cyber Monday shopping period.
Global stocks extend declines Friday as weaker-than-expected data from Europe to China suggested the worldwide trade war is taking its toll on some of the biggest economies and setting up markets for a grim few weeks heading into the end of the year.
Starbucks shares jumped higher Thursday as traders reacted to a series of comments from the coffee chain's investor day in New York that included plans for rapid growth in China.
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