Change at the Top: New CEO Looks to Boost Billabong

July 19 (Bloomberg) -- Billabong may have avoided a wipeout this week when it received a $294 million refinancing deal from Altamont Capital. Under the terms of the deal the company would sell its Dakine Brand to Altamont for $70 million but there is a competing proposal on the table. In either case, CEO Launa Inman would be replaced by Scott Olivet, the former Chairman of Oakley. Paul Allen reports on the company's future. (Source: Bloomberg)

Options Insight: How to Play Microsoft
19:59 - Recon Capital Partners' Kevin Kelly discusses his options strategy for Microsoft with Bloomberg's Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)
  • Mark Lehmann: Good Ideas and Relationships Are Key
  • Pimco's Kiesel: We're in the $50 Oil Camp
  • Goldman's Cohn: I'm Worried About Liquidity