Billabong Tumbles on Forecast

Billabong International Ltd., Australia’s biggest surfwear maker, said it may consider a A$527 million ($554 million) takeover offer from Sycamore Partners LLC as the company cut its earnings forecast as much 49 percent.
Is Virtual Reality the Next Mega-Trend in Tech?
59:10 - Piper Jaffray's Gene Munster and Canaan Partners' Maha Ibrahim discuss the future of virtual reality with Bloomberg Businessweek's Brad Stone on "Bloomberg West." (Source: Bloomberg)
  • Tech, Financials to Be Rediscovered in 2-3 Years: Lee
  • Week in Review: U.S. GDP Shrinks 0.7% in 1Q
  • Humana Soars as Possible Sale Explored