Billabong Falls to All-Time Low

TPG International LLC, the buyout fund run by David Bonderman, pulled out of a A$694 million ($712 million) bid for surfwear maker Billabong International Ltd., sending the retailer’s shares to a record low.
We See Price Pressure, Not a Price War: Lufthansa CFO
51:15 - Simone Menne, chief financial officer at Lufthansa, talks about first-half results for the airline, their confidence in reiterating a profit forecast for this year and pressure on pricing. She speaks with Manus Cranny on "The Pulse." (Source: Bloomberg)
  • Has Zuckerberg Earned the Right to Ask for Patience?
  • What Matters Most to the Federal Reserve, Jobs or Wages?
  • Fed Focused on Labor Market for Rate Hike Path: Wilson