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

Tesla Stock Falls 13% After Carmaker Unveils Job Cuts, Q4 Profit Guidance

Tesla Stock Falls 13% After Carmaker Unveils Job Cuts, Q4 Profit Guidance

Carmaker to cut 7% of jobs as it warns that quarterly results will likely come in lower than the previous three-month period.

CVS Reaches Pharmacy Benefits Management System Deal with Walmart

CVS Reaches Pharmacy Benefits Management System Deal with Walmart

CVS Health Corp reaches a multi-year agreement with Walmart to maintain its retail pharmacy Medicaid network and benefit management systems after warning earlier this week that the two companies had parted ways.

American Express Shares Gain After Q4 Earnings

American Express Shares Gain After Q4 Earnings

American Express gained even after the credit card provider post weaker-than-expected fourth-quarter profit despite a booming holiday period for U.S. consumer spending.

Schlumberger Gains After Q4 Earnings, Dividend, Offset 2019 Outlook Uncertainty

Schlumberger Gains After Q4 Earnings, Dividend, Offset 2019 Outlook Uncertainty

Schlumberger posted stronger-than-expected four quarter revenues Friday, and declared a 50 cent share dividend, even as it cautioned that recent oil price volatility has added more uncertainty into its 2019 outlook.

Oil Prices Rise as OPEC Reports Biggest Monthly Output Decline in Two Years

Oil Prices Rise as OPEC Reports Biggest Monthly Output Decline in Two Years

Global oil prices rise to fresh two-month highs Friday after OPEC members report the biggest monthly drop in production in nearly two years as the cartel prepped for broader output cuts to address what it sees as a glut in world markets.