Global Markets 2011 - Special Report

Matt Nesto

Matt Nesto, CNBC Rep_25639852
Correspondent, CNBC

Matt Nesto joined CNBC in August 2007 as a general assignment reporter for the network’s Business Day programming.

Prior to joining CNBC, Nesto spent nine years at Bloomberg Television where he most recently served as anchor of its "Morning Call" program. Nesto was also an anchor and stocks editor for "Bloomberg’s Market Week" based in New York.

Previously, Nesto was a European correspondent for Bloomberg Television based in London and was also an anchor, producer and news director for Bloomberg Television in Tokyo, Malaysia and Singapore. While in Asia, Nesto created and launched "Bloomberg Malaysia," an unprecedented joint-venture program in Kuala Lumpur, which earned him a nomination for "Best Newscast in Asia" at the Asian TV Awards in 2000.

Before joining Bloomberg Television, Nesto held financial consultant and investment advisor positions at Lehman Brothers, Prudential Securities and Merrill Lynch.

Nesto began his broadcasting career as a general assignment reporter for WPTZ-TV in Burlington, VT/Plattsburgh, NY as well as Bureau Chief and general assignment reporter for WMUR-TV in Manchester, NH.

Nesto earned a Bachelor’s degree in mass communications and broadcast journalism from Emerson College in Boston, MA.

More

  • As we eulogize two legendary Wall Street firms today and have several others on-watch to receive last rights, I can only think that more could have -- and should have -- been done to prevent this financial homicide. What I'll call "firmslaughter."

  • BurlingtonNorthern_railroad.jpg

    CNBC’s Matt Nesto said investors might want to look into placing their money in the railroad sector.

  • Dazzle your friends and perplex your neighbors:  'Cuz for the next two days... the S&P 500 index will only have 498 members in it. And the numbers get crazier and crazier...

  • So Exxon Mobil has just broken its own record again, reporting a mind-boggling $11.6 billion profit on $138 billion in sales. Windfall? Nope: Microsoft is three times more profitable than Exxon.

  • Maybe Wall Street really is drunk. Somehow the Biblical parable ''the last shall be first and the first shall be last" is shaping up to be the dominant theme this earnings season. E.g., in the past two weeks, the Financial and Discretionary sectors have dominated the market...

  • Sure Google's sales and earnings grew -- are growing -- much faster than IBM's. But aside from the two tech bellwethers having comparable market caps of about $170 billion, that's about where the comparisons end.

  • CRAZY Money: It would have been hard to miss the 30-plus percent pop in shares of Wells Fargo today -- an astonishing rebound that added $22 billion dollars in market value to the beleagured bank. ... But what might have escaped your probing eyes today were the crazy gains made in the options market -- specifically, Wells Fargo Calls...

  • Dow Chemical is buying Rohm & Haas for $18.8 billion. Who are the biggest winners and losers?