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 Airlines shares surged to the top of the S&P 500 Thursday, boosting shares of rival carriers, following a report from JPMorgan that suggests airlines have been raising ticket prices.
Global oil prices rebounded from five-month lows Thursday amid two attacks on shipping tankers near the Gulf of Oman in what could be a renewed attempt to disrupt crude exports in one of the world's busiest sea transport lanes.
Sprint shares extended gains Thursday following a report that suggested its potential merger partner, T-Mobile, has lined up buyers for assets that would help win Department of Justice approval for the $26 billion deal.
Callaway Golf Co. shares surged Thursday after activist investor group Jana Partners revealed a significant stake in the struggling sports equipment maker just hours ahead of the opening round of the U.S. Open.
U.S. stock futures traded higher Thursday, supported by an overnight surge in oil prices following attacks on ships in the Strait of Hormuz, even as global investors continue to favor defensive assets in the face of slowing economic growth and an uncertain path in U.S.-China trade talks.
Alibaba shares edged higher Thursday following multiple media reports that the online retailing giant has filed for a Hong Kong listing that could be worth as much as $20 billion.
Facebook shares traded lower Wednesday following a report that suggested CEO Mark Zuckerberg was aware of privacy issues at the social media giant linked to the Cambridge Analytica data scandal.
Global oil prices extended declines Wednesday after the U.S. Energy Information Administration reported a much larger-than-expected increase in domestic crude inventories.
Lam Research lead semiconductor stocks lower Wednesday after analysts at Evercore ISI cut their target price on the stock and warned that a global recovery in chip memory demand could be delayed until late next year.
Medidata Solutions shares traded lower Wednesday after it agreed a takeover offer from France's Dassault Systemes SE at a discount to its current market value.
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