A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for more than a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997.
He was nominated twice for a "CableACE Award"—in 1993 and 1995.
In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush."
In 2014, Bob was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."
Prior to joining CNBC, Pisani co-authored "Investing in Land: How to Be a Successful Developer." He and his father taught a course in real estate development at the Wharton School of Business at the University of Pennsylvania from 1987-1992. Pisani learned the real estate business from his father, Ralph Pisani, a retired real estate developer.
Follow Bob Pisani on Twitter @BobPisani.
New intraday highs on the Dow and the S&P 500, but not on the Russell, the Dow Transports, or the Midcap Index. And we faded fast, and with good reason: earnings reports from Microsoft, Amazon, and Ford were all disappointing for various reasons...and widespread coverage of the Egyptian unrest.
The problem appears to be weak margins in the North American auto business due to higher costs and other factors. There was also a charge for completion of debt-conversion offers. For 2011, they expect each of its Auto operations to be profitable and expects solid profiability for Ford Credit.
The company has been widely believed to be a takeover target, or that it might separately sell its meat or beverage businesses. A number of players, including Apollo Global Management and KKR, have reportedly expressed interest in a buyout. (Update)
S&P futures had dropped 4 points Thursday, into negative territory, on higher than expected initial jobless claims for the week and on a rather disappointing December Durable Goods number (down 2.5 percent, a gain of 1.5 percent was consensus), on a larger than expected fall in non defense aircraft.
So many traders are expecting a pullback, and it's not happening — why not? I know, I know: because everyone is expecting it, it's not going to happen. Please. Dispense with the pretzel logic. Here are several explanations floating around trading desks.
One financial giant has engendered a whole sub-industry of trading in it alone: Citigroup. Reporter Bob Pisani discusses several ways investors and traders are playing Citi, including working the spreads and taking advantage of the rebates.
Believe it or not, these big Chinese companies like Alibaba, the biggest e-commerce retailer by far, have not been represented in global indices.
Square was a canary in the coal mine for "unicorns" like Snapchat, Dropbox, and Pinterest.
The company raised $243 million, 25 percent less than what they had aimed for.
The NYSE is the latest exchange to announce it will no longer accept stop orders and good-till-canceled orders, beginning in February.
Markets seem to be be moving higher and shirking off bad news no matter what, strategist Michael Farr says.
Barclays was hit by a $108.5 million fine on Thursday as it allegedly worked with super-rich clients in a way that could have facilitated financial crime.
A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.