A CNBC reporter since 1990, Bob Pisani has covered Wall Street and the stock market for nearly 20 years. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before becoming Stocks Correspondent in 1997.
In addition to covering the global stock market, he also covers initial public offerings (IPOs), exchange-traded funds (ETFs) and financial market structure for CNBC.
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, Pisani 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.
I have been asked about Lentuo International (LAS), the largest private automobile retailer in Beijing (Thursday), which priced 6.5 million at $8 but has not been released yet. This is below the price talk of 7.5 million at $11.50-$13.50. There's more...
China raised the reserve requirement ratio (the amount of money banks must keep on reserve). This comes ahead of that country's November CPI data, due to be released tomorrow. Also: United Technologies (UTX) provided guidance for 2011 that was moderately below consensus
AIG is repaying a $20 billion credit facility to the government. They are getting the money from a sale the sale of an IPO of 67 percent of AIA Group and the sale of American Life Insurance company (ALICO), which closed on October 29, 2010 and November 1, 2010, respectively.
The poor reception to the 3-year Treasury auction yesterday — where yields moved up — put upward pressure on the dollar and caused materials and energy stocks to drop. It's happening again today.
The S&P 500 dropped about 5 points, the dollar moved to its highs for the day and Treasurys dropped at about 3pm ET, likely on this Reuters headline... (UPDATED)
It's been nothing short of awful this year for IPOs, but some are hopeful that the fall will see a flurry of activity.
Yellen and Fischer's comments at Jackson Hole leave markets right where they started the session.
Call it crowd-sourcing for algorithmic trading.
Participants have made some headway toward making markets function more smoothly when they are under stress.
At the core of the rules is an effort to stabilize the $2.7 trillion industry.
Private prison stocks traded lower after another federal agency said it would review use of private contractors.
Bob Pisani explains how bad it's getting for active managers versus index funds, and how the regular trader can play it.