Squawk Box
Encyclopedia
Television program
A television program , also called television show, is a segment of content which is intended to be broadcast on television. It may be a one-time production or part of a periodically recurring series...
which airs at breakfast time on the CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...
network. The program is currently co-hosted by Joe Kernen
Joe Kernen
Joe Kernen is a CNBC news anchor. He is currently co-host of CNBC’s "Squawk Box". His nickname is "The Kahuna".Kernen came to CNBC in the 1991 merger with Financial News Network, having joined FNN after a 10-year career as a stockbroker.Kernen grew up in the Western Hills section of Cincinnati,...
, Rebecca Quick
Rebecca Quick
Rebecca Quick is an American television journalist/newscaster, co-anchorwoman of CNBC's financial news show Squawk Box. Quick is currently based at CNBC’s New Jersey headquarters.-Early life:...
and Andrew Ross Sorkin
Andrew Ross Sorkin
Andrew Ross Sorkin is a Gerald Loeb Award-winning American journalist, author and television personality. He is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times...
. Since debuting in 1995, the show has spawned a number of versions across CNBC's international channels, many of which employ a similar format. The program title originates from a term used in investment banks
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
and stock broker
Broker
A broker is a party that arranges transactions between a buyer and a seller, and gets a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal...
ages for a permanent voice circuit
Squawk Box
Squawk Box is a business news television program which airs at breakfast time on the CNBC network. The program is currently co-hosted by Joe Kernen, Rebecca Quick and Andrew Ross Sorkin. Since debuting in 1995, the show has spawned a number of versions across CNBC's international channels, many of...
or intercom
Intercom
An intercom , talkback or doorphone is a stand-alone voice communications system for use within a building or small collection of buildings, functioning independently of the public telephone network. Intercoms are generally mounted permanently in buildings and vehicles...
used to communicate stock deals or sales priorities.
Format
Dubbed "our pre-game showPre-game show
A pre-game show or pregame show is a TV or radio presentation that occurs immediately before the live broadcast of a major sporting event.Contents may include:http://miniunis.com/pregame* replayed highlights of each teams previous games....
" by regular co-host Joe Kernen
Joe Kernen
Joe Kernen is a CNBC news anchor. He is currently co-host of CNBC’s "Squawk Box". His nickname is "The Kahuna".Kernen came to CNBC in the 1991 merger with Financial News Network, having joined FNN after a 10-year career as a stockbroker.Kernen grew up in the Western Hills section of Cincinnati,...
, Squawk Box features early-morning analysis of and breaking news
Breaking news
Breaking news, also known as a special report or news bulletin, is a current event that broadcasters feel warrants the interruption of scheduled programming and/or current news in order to report its details. Many times, breaking news is used after the news network has already reported on this story...
from the financial market
Financial market
In economics, a financial market is a mechanism that allows people and entities to buy and sell financial securities , commodities , and other fungible items of value at low transaction costs and at prices that reflect supply and demand.Both general markets and...
s, along with considerable banter between the hosts and their guests - original host Mark Haines
Mark Haines
Mark Haines was a host on the CNBC television network.-Early life and education:Haines grew up in Oyster Bay, New York, and resided in Monmouth County, New Jersey. His alma mater was Denison University, and in 1989, the University of Pennsylvania Law School...
stressed the need to "inject a little fun" into business news in the early morning. Another distinctive and long-running feature of the show has been its use of daily "guest hosts" - figures from the world of business and politics
Politics
Politics is a process by which groups of people make collective decisions. The term is generally applied to the art or science of running governmental or state affairs, including behavior within civil governments, but also applies to institutions, fields, and special interest groups such as the...
who join the team for much of the broadcast, questioning guests as well as offering their own opinions.
Regular contributors to the show include Melissa Lee
Melissa Lee (journalist)
Melissa Lee is a Chinese American reporter and news anchor for CNBC. Since January 2009 she has occasionally hosted Closing Bell when Maria Bartiromo is unavailable...
, Christine Tan
Christine Tan
Christine Tan is a Singaporean financial journalist with CNBC Asia and is the Singapore anchor for Worldwide Exchange, the global business-news program broadcasting live each weekday from Asia, Europe and the United States...
(who reports on the Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
n markets from CNBC Asia
CNBC Asia
CNBC Asia is a business news television channel in Asia. A subsidiary of NBC Universal, it is the Asian service of the Consumer News and Business Channel . Its programmes originate from Singapore, Hong Kong and Sydney and has bureaus in Tokyo and Seoul....
headquarters in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
), Ross Westgate
Ross Westgate
Ross Westgate is an English financial journalist for CNBC Europe in London, where he is a co-anchor of the global business news programme, Worldwide Exchange Ross Westgate is an English financial journalist for CNBC Europe in London, where he is a co-anchor of the global business news programme,...
(who covers the Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
an markets from CNBC Europe
CNBC Europe
CNBC Europe is a business and financial news television channel, the pan-European sister station of CNBC. The network is owned and operated by NBC Universal and headquartered in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones...
in London), Sharon Epperson
Sharon Epperson
Sharon Epperson is a correspondent for CNBC covering the commodity markets and personal finance. She is currently stationed at the New York Mercantile Exchange covering the energy markets on a daily basis. Epperson, the daughter of Dr. David E. Epperson and Ceceila T...
(NYMEX), Rick Santelli
Rick Santelli
Rick Santelli is an American on-air editor for the CNBC Business News network. He joined CNBC as an on-air editor on June 14, 1999, reporting primarily from the floor of the Chicago Board of Trade. He was formerly the vice president for an institutional trading and hedge fund account for...
(Chicago
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
), Steve Liesman
Steve Liesman
Steve Liesman is the senior economics reporter for the cable financial television channel CNBC. He is known for appearing on the CNBC programs Squawk Box and other business related topics on CNBC and NBC and using a paper "easel" while explaining the state of the United States economy.Liesman is an...
, Guy Adami
Guy Adami
Guy Adami is a TV personality, author, financial analyst, & a professional investor. He is one of the original "Fast Money Five" on the show Fast Money . In 2008 he joined optionMONSTER with Pete Najarian and Jon Najarian as the lead analyst for equities research. He also came on board as managing...
and CNBC senior analyst Ron Insana
Ron Insana
Ron Insana is a reporter for Market Score Board Report with Ron Insana, syndicated by Compass, and a former Senior Analyst at CNBC. He was Managing Director of Insana Capital Partners from inception to collapse. He was the anchor of CNBC's "Street Signs", which aired weekdays during stock market...
.
Meteorologists from The Weather Channel
The Weather Channel
The Weather Channel is a US cable and satellite television network since May 2, 1982, that broadcasts weather forecasts and weather-related news, along with entertainment programming related to weather 24 hours a day...
contribute to the "Business Travel Forecast" segments.
History
Squawk Box’s core on-air team remained intact for many years - the program was originally presented by New JerseyNew Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
lawyer Mark Haines, along with in-studio reporters Joe Kernen and David Faber
David Faber
David Faber may refer to:*David Faber , American printmaker*David Faber , English schoolmaster, formerly a Conservative politician*David Faber , host on CNBC's Squawk Box...
and Maria Bartiromo
Maria Bartiromo
Maria Bartiromo is an American television journalist, magazine columnist and author of three books. Bartiromo is a native of New York and attended New York University. She worked at CNN for five years before joining CNBC television...
at the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
. CNBC's senior economics reporter Steve Liesman also became a frequent contributor. Alexis Glick
Alexis Glick
Alexis Glick is an American television personality who was an anchor of Money for Breakfast and The Opening Bell on Fox Business Network , as well as the channel's Vice President of Business News...
joined the team as senior trading correspondent in May 2003, while Bartiromo stepped down from her position in 2004 to concentrate on other duties. Rebecca Quick
Rebecca Quick
Rebecca Quick is an American television journalist/newscaster, co-anchorwoman of CNBC's financial news show Squawk Box. Quick is currently based at CNBC’s New Jersey headquarters.-Early life:...
later replaced Glick as a reporter.
For many years the program covered the opening bells of the New York Stock Exchange and NASDAQ Stock Market
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
at 9:30 a.m. Eastern Time. Other regular segments included the Squawk Exchange, where the team (particularly Faber and Kernen) shared banter on various topics, On the Box (rapid-fire summaries of the day's headlines) and Joe's World, where Kernen sounded off on the day's notable stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
stories.
During the period when CNBC's online presence was housed at MSN Money
MSN
MSN is a collection of Internet sites and services provided by Microsoft. The Microsoft Network debuted as an online service and Internet service provider on August 24, 1995, to coincide with the release of the Windows 95 operating system.The range of services offered by MSN has changed since its...
, the show held its own daily Squawk Back Poll on the website, where viewers voted on a topical issue. In May 2005 the program established its own blog
Blog
A blog is a type of website or part of a website supposed to be updated with new content from time to time. Blogs are usually maintained by an individual with regular entries of commentary, descriptions of events, or other material such as graphics or video. Entries are commonly displayed in...
on Windows Live Spaces
Windows Live Spaces
Windows Live Spaces was Microsoft's blogging and social networking platform. The site was originally released in early 2004 as MSN Spaces to compete with other social networking sites, and re-launched in 2006 as a part of a shifting of community services away from the MSN brand...
, called SquawkBlog, where the program hosts posted their thoughts, although this is no longer in use.
2005 revamp
The program underwent a significant revamp on December 19, 2005 with the show moving to the 6:00am ET timeslot and Joe Kernen, Rebecca Quick and Carl QuintanillaCarl Quintanilla
Carl Quintanilla is an anchor of the CNBC network's "Squawk Box," morning program. Previously, Quintanilla was an NBC News correspondent based in New York and Chicago, and is a substitute on both NBC Nightly News and Today Show.-Reporting career:...
helming a new tri-anchor format alongside on-air editor Charles Gasparino. Haines and Faber moved to a newly-created program, Squawk on the Street
Squawk on the Street
Squawk on the Street, which debuted on December 19, 2005, is a business show on CNBC that follows the first 90 minutes of trading on Wall Street in the United States....
, anchored from the NYSE by Haines and Erin Burnett
Erin Burnett
Erin Isabelle Burnett is the anchor of CNN’s Erin Burnett OutFront. She was the co-anchor of CNBC's Squawk on the Street program and the host of CNBC's Street Signs program...
with Faber at CNBC headquarters. As a result of these changes, coverage of the market open at 9:30am ET passed to Squawk on the Street. The "guest host" feature of Squawk Box was dropped immediately after the revamp but later reinstated.
There was a significant amount of initial negative feedback about the changes made to Squawk, most notably the removal of Mark Haines from the team. On the Squawk Box blog, over 200 complaints were entered into the site, along with numerous messages posted on the CNBC message board.
2011-present
On July 8, 2011, Carl Quintanilla left Squawk Box to become part of the new Squawk on the Street anchor team. His new assignment began July 11, 2011, when he debuted with Melissa LeeMelissa Lee (journalist)
Melissa Lee is a Chinese American reporter and news anchor for CNBC. Since January 2009 she has occasionally hosted Closing Bell when Maria Bartiromo is unavailable...
and Simon Hobbs. Andrew Ross Sorkin
Andrew Ross Sorkin
Andrew Ross Sorkin is a Gerald Loeb Award-winning American journalist, author and television personality. He is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times...
, of The New York Times
The New York Times
The New York Times is an American daily newspaper founded and continuously published in New York City since 1851. The New York Times has won 106 Pulitzer Prizes, the most of any news organization...
, joined Kernan and Quick as Quintanilla's replacement. Sorkin made his debut as co-anchor July 18, 2011.
Show times
The program airs from 6 a.m. until 9 a.m. Eastern TimeNorth American Eastern Time Zone
The Eastern Time Zone of the United States and Canada is a time zone that falls mostly along the east coast of North America. Its UTC time offset is −5 hrs during standard time and −4 hrs during daylight saving time...
in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
It is also relayed live on CNBC Europe
CNBC Europe
CNBC Europe is a business and financial news television channel, the pan-European sister station of CNBC. The network is owned and operated by NBC Universal and headquartered in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones...
except on the week between the last Sunday of March and the first Sunday of April. Sometimes it is at least partially pre-empted for local programming, particularly to cover European Central Bank
European Central Bank
The European Central Bank is the institution of the European Union that administers the monetary policy of the 17 EU Eurozone member states. It is thus one of the world's most important central banks. The bank was established by the Treaty of Amsterdam in 1998, and is headquartered in Frankfurt,...
interest rate announcements and the subsequent press conferences
News conference
A news conference or press conference is a media event in which newsmakers invite journalists to hear them speak and, most often, ask questions. A joint press conference instead is held between two or more talking sides.-Practice:...
.
In Asia, the show is aired in its entirety on CNBC Asia from Mondays to Wednesdays from 19.00 SIN time. Its first half hour is pre-empted on Thursdays to air The Leaders
The Leaders
The Leaders is a jazz supergroup formed in 1985.The initial lineup of The Leaders was put together by trumpeter Lester Bowie, alto saxophonist Arthur Blythe, and tenor saxophonist Chico Freeman, along with a rhythm section of pianist Kirk Lightsey, bassist Cecil McBee, and drummer Famoudou Don...
while on Fridays the first hour is pre-empted to air Asia Market Week
Asia Market Week
Asia Market Week is a weekly business news programme on CNBC Asia, airing on Fridays at 18:00 Hong Kong / Singapore / Taiwan time with daylight saving time. It also airs on CNBC World and CNBC Europe at various times during the week....
and Managing Asia.
Squawk Box Weekend Edition
CNBC once aired Squawk Box Weekend Edition weekends from 7:30 to 8pm ET during circa 1999 to 2000, also hosted by Mark Haines.Worldwide Squawk Box
Around CNBC's global branches, there are many "Squawk Boxes" in the world:| Channel | Program | Still Run? | Presenters |
|---|---|---|---|
| CNBC Europe CNBC Europe CNBC Europe is a business and financial news television channel, the pan-European sister station of CNBC. The network is owned and operated by NBC Universal and headquartered in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones... |
Squawk Box Europe Squawk Box Europe Squawk Box Europe is a television business news programme on CNBC Europe, aired from 7-10am CET each weekday. It also airs on CNBC Asia between 2.30 p.m.-5.00 p.m. Hong Kong / Singapore time , and in the United States on CNBC World at the respective time, 1:00 a.m. - 4:00 a.m., ET... |
 (1998—present) |
Geoff Cutmore |
| Squawk Outside The Box | (early 2007—present) |
Geoff Cutmore | |
| CNBC Asia CNBC Asia CNBC Asia is a business news television channel in Asia. A subsidiary of NBC Universal, it is the Asian service of the Consumer News and Business Channel . Its programmes originate from Singapore, Hong Kong and Sydney and has bureaus in Tokyo and Seoul.... |
Asia Squawk Box Asia Squawk Box Asia Squawk Box is a television business news program on CNBC Asia, aired Monday through Friday from 6:00 a.m.-9:00 a.m. . This programme is also aired on CNBC World in the United States at the respective time Asia Squawk Box is a television business news program on CNBC Asia, aired Monday through... |
(February 1998—present) |
Martin Soong and Karen Tso |
| Squawk Australia Squawk Australia Squawk Australia was a television business news program aired every weekday at 6:00am Singapore/Hong Kong/Taiwan time on CNBC Asia. It was broadcast live from CNBC Asia's Australia studio in Sydney, and anchored by Amanda Drury. It was produced by CNBC Asia from Australia... |
 (2007-03-26—2010-06-11) |
Oriel Morrison | |
| Nikkei CNBC Nikkei CNBC Nikkei CNBC is a business and financial news television channel broadcast in Japan. It is owned primarily by CNBC Asia and Japanese media group Nihon Keizai Shimbun and TV Tokyo Holdings Corporation.- Current shows :... |
Tokyo Squawk Box | |
|
| CNBC-TV18 CNBC-TV18 CNBC-TV18 is a business news channel broadcast in India based in Mumbai. The channel was launched in India on December 7, 1999. It was the first business news channel launched in India and still the leads that genre.... |
Bazaar | |
|
| CNBC-e CNBC-e CNBC-e is a hybrid business/financial and entertainment channel operated in Turkey by CNBC Europe and the NTV Group.The channel shares its name with a co-owned magazine about CNBC-e.... |
Geri Sayım | (2000—present) |
|
| Class CNBC Class CNBC Class CNBC is a business and financial news television channel broadcast in Italy. It is essentially an Italian language version of CNBC Europe, albeit with a major focus on the Italian financial markets... |
Caffè Affari | (?—present) |
|
| CNBC Arabiya CNBC Arabiya CNBC Arabiya is the only 24-hour Arabic language financial and business information television channel. It covers regional and international affairs from an Arab economic perspective.... |
Aswak Al Mal | (?—present) |
|
| CNBC Africa CNBC Africa CNBC Africa is an African television network for Sub-Saharan Africa. It was launched by CNBC and Africa Business News LTD on June 1, 2007. CNBC Africa is headquartered in Sandton, Johannesburg.... |
Squawk Box Africa | (2008-04-07(?)—present) |
Among the above, Squawk Box Europe and Asia Squawk Box are the counterparts which resemble the original Squawk Box the most:
- They are all three hours in duration.
- They all have a guest host appearing on the show, mostly after the first hour.
- In addition, Maria Bartiromo has served as a guest co-anchor on both Squawk Box Europe and Asia Squawk Box.
(Karen Tso moved to the Asia version of Squwak Box (and is now based in Singapore) and after Amanda Drury
Amanda Drury
Amanda Drury is a journalist and news anchor for CNBC, currently based in Manhattan, New York. She has appeared on various CNBC shows as an expert in finance and business. Previously based in CNBC Asia’s headquarters in Singapore and then in Sydney, Drury relocated to CNBC's global headquarters...
briefly replaced Ms. Tso on Squawk Australia, Oriel Morrison moved into that role in 2010 while Ms. Drury is now based in the US).
Fantasy Portfolio Challenge
150,221 players participated in the Squawk Box Fantasy Portfolio Challenge, a stock-picking contest that ran from 2006-04-04 through 2006-05-26. The winner of the Squawk Box Fantasy Portfolio Challenge, which was announced live at the end of the 2006-06-02 episode, was Thomas Ko of CaliforniaCalifornia
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
. His $5,015,735 portfolio
Portfolio (finance)
Portfolio is a financial term denoting a collection of investments held by an investment company, hedge fund, financial institution or individual.-Definition:The term portfolio refers to any collection of financial assets such as stocks, bonds and cash...
value outpaced all the other contenders. He was also the winner of a brand-new, limited-production, 2006 Maserati GranSport.
See also
- Squawk Box EuropeSquawk Box EuropeSquawk Box Europe is a television business news programme on CNBC Europe, aired from 7-10am CET each weekday. It also airs on CNBC Asia between 2.30 p.m.-5.00 p.m. Hong Kong / Singapore time , and in the United States on CNBC World at the respective time, 1:00 a.m. - 4:00 a.m., ET...
(a CNBC EuropeCNBC EuropeCNBC Europe is a business and financial news television channel, the pan-European sister station of CNBC. The network is owned and operated by NBC Universal and headquartered in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones...
program anchored by Geoff Cutmore) - Asia Squawk BoxAsia Squawk BoxAsia Squawk Box is a television business news program on CNBC Asia, aired Monday through Friday from 6:00 a.m.-9:00 a.m. . This programme is also aired on CNBC World in the United States at the respective time Asia Squawk Box is a television business news program on CNBC Asia, aired Monday through...
(a CNBC AsiaCNBC AsiaCNBC Asia is a business news television channel in Asia. A subsidiary of NBC Universal, it is the Asian service of the Consumer News and Business Channel . Its programmes originate from Singapore, Hong Kong and Sydney and has bureaus in Tokyo and Seoul....
program anchored by Martin Soong and Amanda Drury) - Squawk on the StreetSquawk on the StreetSquawk on the Street, which debuted on December 19, 2005, is a business show on CNBC that follows the first 90 minutes of trading on Wall Street in the United States....
(a CNBC US program anchored from the NYSE by Mark Haines and Erin Burnett, which follows this one) - Squawk AustraliaSquawk AustraliaSquawk Australia was a television business news program aired every weekday at 6:00am Singapore/Hong Kong/Taiwan time on CNBC Asia. It was broadcast live from CNBC Asia's Australia studio in Sydney, and anchored by Amanda Drury. It was produced by CNBC Asia from Australia...
(a CNBC Asia program anchored from SydneySydneySydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...
by Karen Tso)
External links
- Squawk Box - CNBC.com
- SquawkBlog (formerly the show's official blogBlogA blog is a type of website or part of a website supposed to be updated with new content from time to time. Blogs are usually maintained by an individual with regular entries of commentary, descriptions of events, or other material such as graphics or video. Entries are commonly displayed in...
) on MSN Spaces - New "Squawk Blog": Before the Bell on CNBC.com (Since 2006-12-04)