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 extended gains for a fourth consecutive session Friday, pulling Wall Street futures to within touching distance of their all-time highs, as investors cheer consistent signs of a breakthrough in U.S.-China trade talks and factored in the impact of the European Central Bank's latest stimulus effort.
Analysts at Deutsche Bank call the company its 'top pick' in the managed care, drug supply and beneficiary technology space.
Aurora Cannabis shares were indicated sharply lower in pre-market trading Thursday after the Canadian marijuana group posted weaker-than-expected fourth quarter revenues as cannabis prices continue to decline following last year's move to legalize the sale of recreational cannabis.
Oracle shares traded sharply lower Thursday after the business software group posted weaker-than-expected first quarter sales and said CEO Mark Hurd would be taking a medical leave of absence.
AT&T shares edged lower Thursday as CFO John Stephens reiterated the company's near-term earnings forecasts, while highlighting its plans to extract more value from TimeWarner, following Elliott Management's criticism earlier this week.
The European Central Bank pushed one of its key interest rates deeper into negative territory Thursday, and re-started its controversial quantitative easing program, in one of the final decisions under the eight year tenure of President Mario Draghi.
Global stocks booked solid gains again Thursday as investors awaited a key policy statement from the European Central Bank and reacted to signals of potential progress in U.S.-China trade talks.
The European Central Bank is set to unveil a major stimulus package Thursday in Frankfurt, with investors pricing in a possible re-start of the bank's quantitative easing program, and deeper negative interest rates, in a final attempt from President Mario Draghi to ignite growth and inflation in the region's moribund economy.
GameStop shares plunged Wednesday after the video game retailer posted a wider-than-expected second quarter loss, and lowered it full-year profit guidance, as gamers put off new console purchases in advance of new PS4 and Xbox releases.
Dave & Busters Entertainment shares traded sharply lower Wednesday after the game-themed restaurant group lowered its full-year sales guidance after posted stronger-than-expected second quarter earnings.
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