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.
Lockheed Martin shares traded lower Monday after the U.S. Department of Defense said it had reached a deal to cut the price of the planemaker's F-35A fighter jet to under $80 million each.
Goldman Sachs analysts aren't expecting the Federal Reserve to lower interest rates before the end of the year, according to a note published Monday, even as investors price in a 60% of at least three cuts from the Open Markets Committee and President Donald Trump renews his criticism of the central bank's chairman.
President Trump weighs in on trade, tariffs and tech in animated CNBC interview that has markets buzzing.
Beyond Meat shares surge, taking their post-IPO gain past 600%, as investors continue to take shares of this year's hottest listing higher following a stronger-than-expected sales outlook thanks to the surging popularity of its alternative foods.
Raytheon shares are set to open at an eight month high Monday following its planned $120 billion tie-up with rival United Technologies in the biggest-ever aerospace and defense sector merger.
Global stocks rallied Tuesday, pulling Wall Street futures higher into the start of the trading week, as investors reacted to President Donald Trump's weekend decision to suspend tariffs on Mexico and continued to ride market gains fuelled by dovish central bank signalling.
The U.S. president suspended tariffs planned on Mexican imports after reaching an agreement to tackle illegal immigration along the southern border, and on Sunday, claimed that more details were to 'be announced at the appropriate time.'
Barnes & Noble shares surged Friday after the struggling bookstore chain agreed to a $683 million sale to private equity group Elliott Advisers UK.
Caesars shares extended gains Friday, taking their week-to-date advance past 10%, amid fresh reports of a merger deal involving the iconic casino operator and its activist investor Carl Icahn.
U.S. stocks held gains Friday after a report showed U.S. employers added far fewer jobs than economists had forecast, cementing the case for future rate cuts from the Federal Reserve but also raising concerns over the near-term fate of the world's biggest economy.
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