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

US Futures Slide as Europe Slashes Growth Forecasts; SunTrust, BB&T Agree Merger

US Futures Slide as Europe Slashes Growth Forecasts; SunTrust, BB&T Agree Merger

Wall Street futures extended declines Thursday after the European Commission and the Bank of England slashed their 2019 growth forecasts and investors focused on weakening profit forecasts in the United States as the earnings season draws to a close.

European Commission Slashes Eurozone GDP Forecasts; Bund Yields Hit 2-Year Low

European Commission Slashes Eurozone GDP Forecasts; Bund Yields Hit 2-Year Low

The European Commission slashed its growth forecast for the European economy Thursday, but stopped short of predicting a deeper recession in Italy, as the region braces for the impending departure of its biggest trading partner when Britain leaves the bloc at the end of next month.

Stocks Drift Lower, US Futures Slip, as EU Slashes GDP Growth Forecasts

Stocks Drift Lower, US Futures Slip, as EU Slashes GDP Growth Forecasts

Global stocks drifted lower again Thursday, with investors focused on political and macro events in Europe and weakening profit forecasts in the United States, as the earnings season draws to a close and market struggle to find direction during the holiday week in Asia.

General Motors Tops Q4 Earnings Forecasts, Confirms 2019 Profit Outlook

General Motors Tops Q4 Earnings Forecasts, Confirms 2019 Profit Outlook

General Motors posts stronger-than-expected fourth-quarter earnings and confirms its full-year profit outlook as higher-margin truck sales in the United States offset significant weakness in key China markets.

Disney Shares Slip After Solid Q1 but as Digital Move Clips Licensing Revenue

Disney Shares Slip After Solid Q1 but as Digital Move Clips Licensing Revenue

The media company posts stronger-than-expected first-quarter earnings but cautions that its transition to broadcasting its own content on the Disney+ platform would hit its bottom line.

Snap Surprises With Solid Q4, Analysts See Android Rebuild Key to 2019 Growth

Snap Surprises With Solid Q4, Analysts See Android Rebuild Key to 2019 Growth

Snap shares traded at the highest level in more than four months Tuesday after the group surprised analysts with a narrower-than-expected fourth quarter loss as costs came under control and users stuck with its struggling flagship messaging app.

Eli Lilly Misses Q4 Earnings, Cuts 2019 Outlook After Loxo Oncology Deal

Eli Lilly Misses Q4 Earnings, Cuts 2019 Outlook After Loxo Oncology Deal

Eli Lilly posted weaker-than-expected fourth quarter earnings Tuesday, and lowered its 2019 profit guidance to reflect the impact of its planned acquisition of Loxo Oncology.

SoftBank Reveals $3.6 Billion Stake Sale in Nvidia By Vision Fund

SoftBank Reveals $3.6 Billion Stake Sale in Nvidia By Vision Fund

Nvidia shares edged higher Wednesday following a report that SoftBank's $100 billion technology fund has sold its entire stake in the chipmaker.

21st Century Fox Beats Q2 Earnings as Television Revenues Top $2 Billion

21st Century Fox Beats Q2 Earnings as Television Revenues Top $2 Billion

Twenty First Century Fox posted stronger-than-expected second quarter earnings Wednesday and said it expects the sale of its media assets to Walt Disney in the first half of this year.

Daimler Slides After Q4 Profits Tumble Amid U.S.-China Trade War

Daimler Slides After Q4 Profits Tumble Amid U.S.-China Trade War

Daimler shares fell to the bottom of the German market Wednesday after the luxury carmaker posted a sharp decline in fourth quarter profits amid ongoing trade disputes in some of its biggest export markets.