News: TTS Telstra drags Australian shares lower; NZ slips, page-2

Troubling fall in half-yearly profits.

This is supposed to be a "growth" company and everywhere you look, they are suffering a fall in profits due to paying racing industry more, less gamblers wagering, less lotto powerball players, more IT investment costs. The Tab merger can't come fast enough !

It's crazy that both Tatts and TAB are having the same exact downward issues, though TAB is far better shape !

On the plus side, the ACCC should give the green light !