David Faber
David Faber is a CNBC anchor and reporter. Faber has broken many large financial stories including the massive fraud at WorldCom, the bailout of the hedge fund Long Term Capital Management, and Rupert Murdoch's unsolicited bid for Dow Jones.
Faber has won many awards including the Peabody Award and the Alfred I. duPont-Columbia University Award for Broadcast Journalism.
Shares of Goldman Sachs (NYSE: GS) are lower again today, and failed to hold Jim Cramer's $75 Buy price. Shares are currently down nearly 7 ...
This is a recap of the top 10 news items for the last week on Wall Street:
1. In one of the most closely followed elections in US history, Democratic candidate Barack Obama was elected the 44th President of the United States. With the top issue among voters being the state of the US economy, attention has turned to President-elect Obama's economic policies. The stock market welcomed the new President with two days of large-scale losses: the Dow Jones moved from just over 9600 to just under 8700 during Wednesday and Thursday's trading sessions.
2. Liquidity concerns at General Motors (NYSE: GM) and Ford (NYSE: F) seem to have bubbled to a new height this week. Execs from the Big 3 headed to Capitol Hill Wednesday to discuss possible government intervention in each of the automakers. The following day, both ...
Shares of Las Vegas Sands Corp. (NYSE: LVS) were under heavy pressure today, falling 33%, after warning that it may be in default on its debt, which brings bankruptcy into play.
Las Vegas Sands said it will likely not be in ...
CNBC's David Faber said Las Vegas Sands (NYSE: LVS) is ...
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Google (GOOG) Could Freeze New Hires -CNBC
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Stay Informed of Minute-By-Minute Updates and Information on Election Day with Live V CAST Mobile TV and Video from Verizon Wireless
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Goldman Sachs (GS) Source Says 'No Significant Losses from Volkswagon' -CNBC
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CNBC Mentions Rumor Goldman (GS) Could Have Been Involved In Volkswagen Trade
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Tracinda To Sell Remaining Stake in Ford (F) -- What A Year For Kerkorian
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Morgan Stanley's John Mack Said Hedge Fund Industry To Contract As Much As 30%
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CNBC Features John Thomas Financial's Chief Market Analyst Wayne Kaufman for Insight on Market Turmoil
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Bank of America (BAC) common stock deal could be priced at $23 - CNBC
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BofA (BAC) Stock Offering Expected To Be Below $25/Share
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Faber Comments on Bank of America (BAC) Common Stock Offering
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Chinese regulators refute reports that Chinese banks were told not to lend to U.S. banks
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SEC to Add GE (GE) to Short-Sale List -CNBC
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CNBC's David Faber said a Fed deal to help out AIG (AIG) has move to a 'ray of hope'
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AIG (AIG) On the Brink of Collapse (Update)
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CNBC's David Faber said a private market solution for AIG (AIG) is definitively "dead"
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Faber said a private market solution for AIG (AIG) looks dead in the water
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AIG (AIG) Bailout Looks Unlikely Currently, Depiste Rumors - CNBC
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Fed Told AIG (AIG) It Won't Offer a Bridge Loan, Trying To Arrange A Consortium of Banks to Raise $75B
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JPMorgan (JPM) Not In Current Negotiations To Buy Washington Mutual (WM)-CNBC
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Faber Said Sprint (S) Rally Due To Offering Being Cancelled
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Citigroup (C) Looking To Sell Primerica Unit - CNBC
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SK Telecom (SKM) Is In Talks To Acquire Sprint Nextel (S) -CNBC
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Pre-Open Movers 7/3: NVIDIA (NVDA) Clobbered On Warning, Chindex (CHDX) Up on China Approvals
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Penn National (PENN) Reaches Deal With Fortress and Centerbridge To Terminate Merger
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No Truth To Merrill Rumors - CNBC
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Merrill Lynch (MER) Stock Continues Free Fall Ahead of CEO Talk
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Faber Said Rumor of Large Goldman Sachs (GS) Write-Down "Highly Unlikely" - CNBC
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Lehman's (LEH) common stock offering is expected at $28 per share - CNBC
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Verizon Comm (VZ) is in talks to buy Alltel for $27B - CNBC
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CNBC's Faber Said Progress In Credit Crunch 'Slipping Back'
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Icahn Could Be Mulling a Yahoo! (YHOO) Proxy Fight -CNBC
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Clear Channel (CCU) Could Announce New Deal This Afternoon -CNBC
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Clear Channel (CCU) Higher As NY Trial Delayed One Day; Speculation of Settlement
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UBS To Cut 10% Of Its Employees
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JPMorgan (JPM) Acquisition Offer of Bear Stearns (BSC) Seems Solid
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Faber Said It Seems Unlikely A New Bidder for Bear Stearns (BSC) Will Emerge
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Unusual 11 Mid-Day Movers 3/17: QLTI, CRME, BLOG Higher; BSC, MF, TPX, NCC, FRPT Lower
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Bear Stearns (BSC) Edges Higher on Positive Speculation -CNBC
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CNBC's David Faber Noted That Goldman (GS) Accepted Bear Stearns (BSC) As A Counterparty
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Lehman Brothers (LEH) To Cut 5% of Global Workforce - CNBC
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Clear Channel (CCU) Shares Down On Deal Worries
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JP Morgan (JPM) Rumor Of Derivative Losses Looks To Be Untrue-CNBC
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CNBC Said eBay's (EBAY) Whitman To Announce Retirement Shortly
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Marsh & McLennan (MMC) volatility at 53 after CNBC reports WSH sent letter to MMC
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CNBC Reports Marsh & McLennan (MMC) Approached By Willis Group (WSH), Seeking Acquisition
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Unusual 11 Mid-Day Movers 1/11: AMCP, USNA, MBI, FMD Higher; OPXT, RFMD, SPF Lower
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Faber Reports MBIA (MBI) $1B Bond Offering Over-Subscribed; Stock Skyrockets
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Faber Notes Countrywide's (CFC) Delinquencies Jump Higher
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CNBC Faber Notes Letter To Clients From Ackman's Pershing Square on Target (TGT)
