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

Amgen Shares Tumble After Lung Cancer Treatment Update Misses Forecasts

Amgen Shares Tumble After Lung Cancer Treatment Update Misses Forecasts

Amgen shares traded lower Monday after the drugmaker presented details of a trial of its key lung cancer treatment that fell short of Wall Street forecasts.

Boeing Shares Slide After Planemaker Suspends 777X Aircraft Load Testing

Boeing Shares Slide After Planemaker Suspends 777X Aircraft Load Testing

Boeing shares traded lower Monday after it suspended testing of its 777X aircraft in the latest delay to a widebody program intended to soften the impact of its grounded 737 MAX jets.

AT&T Surges After Elliott Management Builds Stake, Trump Calls Move 'Great News'

AT&T Surges After Elliott Management Builds Stake, Trump Calls Move 'Great News'

AT&T surged Monday after activist investors Elliott Management wrote a letter to the company's board of directors urging a broader business review that it says would unlock investor value after taking a $3.2 billion stake in the telecoms and media company.

JPMorgan Rises Amid Reports of Lead Role in $2 Trillion Saudi Aramco IPO

JPMorgan Rises Amid Reports of Lead Role in $2 Trillion Saudi Aramco IPO

JP Morgan shares traded higher Monday amid multiple media reports that the biggest U.S. investment bank is set to win a lead role in the planned $2 trillion initial public offering of Saudi Aramco.

Global Oil Prices Gain as Saudi Arabia Ousts Energy Minister Khalid al-Falih

Global Oil Prices Gain as Saudi Arabia Ousts Energy Minister Khalid al-Falih

Global oil prices posted modest gains Monday after Saudi Arabia ousted its influential Energy Minister over the weekend in a move that could signal an upcoming shift in policy from the world's second-largest producer.

Dow Futures Rise, Global Stocks Gain as Markets Ride Central Bank Stimulus Bets

Dow Futures Rise, Global Stocks Gain as Markets Ride Central Bank Stimulus Bets

Global stocks extended gains Monday, pulling U.S. equity futures into the green, as investors shifted focus from last week's jobs report to bets on near-term stimulus from the world's biggest central banks to offset the impact of slowing trade and manufacturing activity.

British Airways Pilots Strike Grounds Nearly All Flights;Shares Tumble in London

British Airways Pilots Strike Grounds Nearly All Flights;Shares Tumble in London

British Airways pilots walked off the job for the first time ever Monday amid a 48-hour strike over pay that has grounded nearly all flights for Europe's third-largest airline.

Saudi Arabia Ousts Energy Minister as Kingdom Re-Thinks Oil Strategy

Saudi Arabia Ousts Energy Minister as Kingdom Re-Thinks Oil Strategy

Saudi Arabia replaced its powerful Energy Minister, and one of OPEC's most respected officials, in a move that could roil global crude markets in the coming weeks.

Lululemon Surges to Record High After Q2 Earnings Beat, 2019 Outlook Boost

Lululemon Surges to Record High After Q2 Earnings Beat, 2019 Outlook Boost

Lululemon Athletica shares surged to an all-time high Friday after the sportswear retailer posted stronger-than-expected second quarter earnings, and boosted its full-year profit forecasts, amid its move into menswear and a renewed push to grow online sales.

Dow Futures Holds Gains After Soft Jobs Data; Fed Chair Powell Speech in Focus

Dow Futures Holds Gains After Soft Jobs Data; Fed Chair Powell Speech in Focus

U.S. stocks held onto modest gains Friday after data showed the domestic economy added fewer-than-expected new jobs last month, but low unemployment added to costs pressures that saw average hourly wages rise more quickly than forecast, adding to concerns for near-term inflation.