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.
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Futures moved up about 4 points, then back down into negative territory, as March saw 663,000 jobs lost and an unemployment rate of 8.5 percent, in line with expectations. February was unrevised, but January did see a steep downward revision, from 655,000 jobs lost to 741,000 lost.
Lots of cross-currents today. The bad news is the ADP report was very poor, implying that nonfarm payrolls on Friday will be weaker than expected. But there is good news as well, as the ISM report, as well as GM and Ford's February sales reports were, as they say, "less bad."
What's next? With the end of the quarter, two events are on the minds of traders: 1) the Financial Accounting Standards Board (FASB) meets on mark-to-market Thursday. And: 2) earnings guidance. Alcoa kicks off earnings season this Monday. Everyone believes that guidance will be downbeat and generally below expectations.
Alibaba is turning the page on its new era...by closing the book on investors.
A theory about Alibaba's impact on other IPOs may get its first test on Thursday.
Energy stocks fall as Brent Crude oil falls to a 17-month low amid lower demand and plentiful supply.
Alibaba's IPO is getting strong demand, raising questions whether the e-commerce giant will increase the size of its offering.
Forgive him, father, for he has sinned. Trader-turned-comedian Raj Mahal offers these confessions from his time on Wall Street.
Demand for Alibaba's IPO is so oversubscribed that bankers are expected to close the books to investors in a matter of days.
Returns have been mixed and some analysts say large swaths of the IPO market, especially biotechnology stocks, are frothy.