Martin Baccardax

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.

Recent Articles By The Author

American Leads Airlines Higher on JPMorgan Note Citing Domestic Fare Increases

American Leads Airlines Higher on JPMorgan Note Citing Domestic Fare Increases

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.

Oil Surges as Tankers Report Violent Attacks in Gulf of Oman; U.S. Navy Responds

Oil Surges as Tankers Report Violent Attacks in Gulf of Oman; U.S. Navy Responds

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 Gains on Report T-Mobile U.S. Has Asset Buyers to Win DoJ Merger Approval

Sprint Gains on Report T-Mobile U.S. Has Asset Buyers to Win DoJ Merger Approval

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 Shares Drive Higher After Jana Partners Tees-Up New Stake

Callaway Golf Shares Drive Higher After Jana Partners Tees-Up New Stake

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.

Dow Futures Gain as Oil Surges Following Gulf Tanker Attacks; Dollar Eases

Dow Futures Gain as Oil Surges Following Gulf Tanker Attacks; Dollar Eases

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 Files for Potential $20 Billion Hong Kong Listing - Reports

Alibaba Files for Potential $20 Billion Hong Kong Listing - Reports

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 Slumps After Report Suggests Mark Zuckerberg Aware of Privacy Issues

Facebook Slumps After Report Suggests Mark Zuckerberg Aware of Privacy Issues

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.

U.S. Crude Hits Five-Month Low After EIA Reports Surprise Inventory Increase

U.S. Crude Hits Five-Month Low After EIA Reports Surprise Inventory Increase

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 Slides, Chipmakers Slump, as Evercore Sees Delayed 2020 Rebound

Lam Research Slides, Chipmakers Slump, as Evercore Sees Delayed 2020 Rebound

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 Dips After $5.8 Billion Sale to France's Dassault Systemes

Medidata Solutions Dips After $5.8 Billion Sale to France's Dassault Systemes

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.