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.
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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Recapitalization of European banks is continuing: ING took a 10 billion euro ($13.5 billion) cash influsion; French banking giant Societe Generale was down on capitalization concerns; Sweden outlined a $205 billion plan to support its banks. Secretary Paulson will speak at 11:30am ET, giving details of the application process for the capital purchase program. Also: Oppenheimer is upgrading all the big oil and gas names this morning.
Sell on the news. Oil services giant Schlumberger, which reported earnings in line with expectations, down 10 percent this morning to a 3-year low, taking the whole oil services industry down.
Copper continues to crumble amid China growth worries and a weak Yuan.
A high-frequency trader going public has skeptics, but there are reasons why the top for that industry isn't near yet.
China sees biggest drop in exports in four-and-a-half years and the biggest trade deficit in two years, weighing on stocks.
Copper is swooning on China fears, and it's not exactly alone.
Prominent money managers are warning of a bubble in some technology stocks and recommend avoiding emerging markets.
Turney Duff chronicled his spectacular rise and fall on Wall Street in "The Buy Side." Here, he offers 10 tips for those young traders climbing the Wall Street ladder now.
The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.