Billabong Rises After Refinancing Talks `Advanced'
June 26 (Bloomberg) -- Billabong International said refinancing and asset-sale talks with former suitors Sycamore Partners Management and Altamont Capital Partners are “well advanced.” Paul Allen reports on Bloomberg Television's "First Up." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
17:00 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)