Billabong Ex-Executive Considers Buyout

Billabong International Ltd., Australia’s largest surfwear maker, said Paul Naude will stand aside as president of the Americas to examine a potential leveraged buyout of the company. The shares surged.
Average U.S. Stock Is Incredibly Expensive: Toogood
13:51 - City Financial Investment Director Peter Toogood discusses Janet Yellen’s warning of high valuations in equity and bond markets. He speaks to Bloomberg’s Mark Barton, Caroline Hyde and Manus Cranny on “Countdown.” (Source: Bloomberg)
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