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.

Are Bank Stocks Set Up for a Bounce?
28:55 - Katie Stockton, BTIG's chief technical strategist, discusses today's selloff in U.S. stocks with Bloomberg's Alix Steel, Joe Weisenthal and Scarlet Fu on "What'd You Miss?" (Source: Bloomberg)
  • Bank Stocks Decline Again: Is Now the Time to Buy?
  • Deep Dive: All Major S&P 500 Groups Lower
  • S&P at Lowest Level Since '14: How Much Lower Will It Go?