Ladbrokes dropped on Monday after its joint house broker said that "a major change of strategy was needed." Deutsche Bank forecast that Ladbrokes' '15 earnings "would miss market expectations" by 15%. The broker said that a new CEO "had to fix the bookmaker’s struggling online business by significantly increasing development and marketing costs, which was not in consensus forecasts" (
FINANCIAL TIMES, 2/23). ...
Croatian football giants Dinamo Zagreb are set to try and raise extra funds by being privatised the club's chairman Zdravko Mamic announced on Monday.
Dinamo Zagreb is currently registered as a non-profit, "citizens' association", a status which independent media and critics warn is widely abused for the personal gain of its officials.
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Croatian football side Dinamo
Zagreb Chair Zdravko Mamic said that the club is "set to try and raise extra funds by being privatised." Dinamo Zagreb is currently registered as a non-profit, "citizens'
association," a status "which independent media and critics warn is
widely abused for the personal gain of its officials" (
AFP, 2/24).