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

Ackman's Pershing Square Capital Opposing Raytheon, United Technologies Merger

Ackman's Pershing Square Capital Opposing Raytheon, United Technologies Merger

Raytheon and United Technologies shares were active Wednesday after one of Wall Street's most high-profile activist investors is reportedly ready to oppose their planned $120 billion merger.

Tesla Share Slip But Musk Says 'Decent Chance' for Record Q2 Deliveries

Tesla Share Slip But Musk Says 'Decent Chance' for Record Q2 Deliveries

Tesla shares slipped lower Wednesday after founder and CEO Elon Musk suggested the carmaker could have a record quarter of deliveries and insisted the was "not a demand problem" for the flagship Model 3.

Dow Futures Retreat as Investor Focus Shifts From Rate Cuts to Growth Concerns

Dow Futures Retreat as Investor Focus Shifts From Rate Cuts to Growth Concerns

Global stocks stalled Wednesday, pulling Wall Street futures modestly into the red, as investors pared recent equity market gains amid concerns over the strength of the world economy and the fate of U.S.-China trade talks.

Trump Targets 'Devalued' Euro; German Autos Next for US Tariffs Amid NATO Spat?

Trump Targets 'Devalued' Euro; German Autos Next for US Tariffs Amid NATO Spat?

President Donald Trump singled-out the euro as an undervalued currency Tuesday in what could be a sign that Europe, and its $1.2 trillion auto sector, is next on his tariff hit-list.

Tariff 'Weaponry' Keeps Investors Alert as Trump Puts Euro in Twitter Spotlight

Tariff 'Weaponry' Keeps Investors Alert as Trump Puts Euro in Twitter Spotlight

President Donald Trump reminded investors Tuesday that Europe, and its $1.2 trillion auto sector, might be next on his tariff hit-list.

Sprint Slides as State Attorneys General Challenge $26 Billion T-Mobile Merger

Sprint Slides as State Attorneys General Challenge $26 Billion T-Mobile Merger

Sprint shares traded sharply lower Tuesday, while T-Mobile US slipped into negative territory, after a group of ten U.S. state attorneys general will file a lawsuit to prevent their proposed $26 billion tie-up.

Apple Gains After iPhone Assembler Foxconn Says It Can Shift Capacity From China

Apple Gains After iPhone Assembler Foxconn Says It Can Shift Capacity From China

Apple shares trade higher Tuesday after its key iPhone assembler said it can make the tech giant's flagship product outside of China, easing concerns that tariffs might disrupt its supply chain.

Beyond Meat Tumbles After JPMorgan Cuts Rating to Neutral on Valuation Concerns

Beyond Meat Tumbles After JPMorgan Cuts Rating to Neutral on Valuation Concerns

Beyond Meat shares fell sharply Tuesday, setting the stock up for its biggest single-day decline since listing on the Nasdaq last month, after analysts at JPMorgan cut their rating on the stock amid concerns for its sky-high $10 billion valuation.

Dow Futures Points to 7-Day Win Streak as Rate Cut Hopes Offset Trade Concerns

Dow Futures Points to 7-Day Win Streak as Rate Cut Hopes Offset Trade Concerns

U.S. stocks look set to extend gains Tuesday, with the S&P 500 ready to test a one-month high, as investors continue to bet on near-term rate cuts from the Federal Reserve and global markets react to President Donald Trump's decision to suspend tariffs on Mexico.

Salesforce Swoops In to Buy Tableau Software in $15.7B Data Analytics Deal

Salesforce Swoops In to Buy Tableau Software in $15.7B Data Analytics Deal

Salesforce said Monday it has reached an agreement to buy Tableau Software Inc. in a deal that values the group at more than $15.7 billion in stock and debt.