Billabong Tumbles on Forecast

Billabong International Ltd., Australia’s biggest surfwear maker, said it may consider a A$527 million ($554 million) takeover offer from Sycamore Partners LLC as the company cut its earnings forecast as much 49 percent.

19 Killed in Suspected Terror Attack
18:25 - U.K. police said at least 19 people were killed in a suspected terrorist attack at a concert in Manchester, northern England, which would be the worst such incident on British soil since the London bombings of 2005. Bloomberg's Stephen Engle reports on "Bloomberg Markets." (Source: Bloomberg)
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