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
Great. As if the bank stress test wasn't confusing enough, as if the auto restructuring wasn't enough uncertainty, now we have half of the trading community frantically Googling "Tamiflu" this morning. The concern is that swine flu this could create another slowdown in global travel just as we are trying to figure out a bottom. Commodities, airlines, and hotels are weak this morning.
Futures are off their highs and are set for a fairly flat open this morning. While futures strengthened following an encouraging report out of Ford early this morning, a round of cautious earnings guidance from other industrial companies dampened investors’ enthusiasm.
Banks sold off at the close yesterday on increasing stress over the stress test. In case you're not paying attention, no one is exactly clear what is going to happen because they are still deciding; as a result, there are lots of leaks and erroneous interpretations of what might be coming.
Futures turned down about 6 points at 8:30 AM as Morgan Stanley reported a loss of $0.57, much worse than the loss of $0.08 expected. This officially ends the streak where banks have beaten estimates. Top line miss was rather large: $3.0 billion vs. $4.8 billion expected.
Retailers struggle with elevated promotions, nimble competitors and kids' preference of tech over clothes.
It's the biggest complaint of the trading community this year: where has all the volume gone?
Alibaba filed an amended statement this morning, but investors are still waiting to see the IPO terms.
Emerging markets are gathering steam, a sign of the U.S. rally's global heft.
A number of banks, including JPMorgan Chase and four others, were struck by hackers in a series of coordinated attacks this month.
Caught in a tug of war between a tightening U.S. Fed and an easing European Central Bank, yields have taken dramatic turns this week.
A program to change the way small-company stocks are traded has drawn worry that the initial steps are too tepid.