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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All eyes will be on the retailers today, as stores hope that consumers will line up for Black Friday bargains despite the current economic gloom. The weaker economic conditions continue to bring down corporate Q4 and full-year forecasts.
Traders were slobbering all day about an imminent asset allocation program (out of cash, into stocks), part of the collective wish for that most elusive of 2008 creatures...a Bear Market Rally. And we did indeed end on the highs for the day.
The glacial speed the analysts have been moving has been nothing short of scandalous. Top-down strategists (guys who do estimates of earnings based on macroeconomic factors) have 2009 estimates for the S&P 500 as low as $60, but the bottoms-up analysts (the guys who just cover individual companies or industries)...
Yes, there was a broad rally, financials leading. It was the first two-day rally this month. Commodities rallied as well, as did commodity stocks. But the Dow, which was up as much as 552 points with 15 minutes to go, dropped 150 points in the last few minutes
Investors go bonkers for Alibaba. The stock finally opened just before noon.
No, Alibaba doesn't actually cure cancer; however, some traders say it's lifting stocks ahead of its IPO tomorrow.
What can markets expect when Alibaba starts trading?
Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.
Even after the Dow and the S&P 500 closed at new all-time highs, closely followed contrarian Marc Faber keeps sounding the alarm.
Eugene Fama, the University of Chicago investing researcher, once again warned investors against the lure of active management.
Fares Noujaim, an executive vice chairman at Bank of America has left the company abruptly.