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.
Hasbro posted weaker-than-expected fourth quarter earnings Friday as the liquidation of the Toys R Us retailer hit the group's bottom line.
Skechers shares traded sharply higher Friday after a big boost in international sales lifted the footwear group to stronger-than-expected fourth quarter profits.
Wall Street futures extended declines Friday, as weaker corporate earnings added downward pressure on markets that were already concerned over sharp cuts in growth forecasts for key economies in Europe and the fate of U.S. China trade talks.
The U.S. Dollar traded at a five week high against its top global peers Friday as investors plowed cash into safe-haven assets amid questions over the fate of trade talks between Washington and Beijing and deepening concerns for world economic growth.
Global stocks retreated for a third consecutive session Friday as investors reacted to sharp cuts in growth forecasts for key economies in Europe and grew increasingly concerned that President Donald Trump's decision not to meet with China leader Xi Jinping before their self-imposed deadline for trade talks signals a lack of progress in the months-long negotiations.
Twitter posted stronger-than-expected fourth quarter earnings Thursday as the micro-blogging website held user growth but said expenses would rise notably this year as it moved to protect the integrity of its platform.
Yum! Brands says U.S. store sales improved thanks to solid gains from its Taco Bell and KFC-branded stores.
T-Mobile U.S. posted better-than-expected fourth quarter earnings Thursday as it added over 1 million new customers to its post-paid wireless network.
SunTrust Banks and BB&T Corp unveiled a $66 billion all-stock merger Thursday that would create the sixth-biggest commercial bank in the United States.
Nokia shares edged lower Thursday after lawmakers in France rejected moves by the government to tighten rules on telecoms companies providing next generation equipment that could raise concerns over national security.
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