Tabcorp's impairment tango

The impairments have started to roll through in the earnings season. What does it all mean?

The earnings season has only just begun but already there has been a liberal sprinkling of the most dreaded word in the results lexicon – impairment.

Tabcorp (TAH) this morning is the latest with a 63% drop in earnings to $126.6 million, far worse than anticipated.


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