Market Update

ASX VIDEO (28 AUG): Fortescue profit surges and a big writedown for Tabcorp

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    Fortescue Metals has seen full year net profit jump 18%.

    Meanwhile, Woolworths’ (ASX:WOW) net profit fell 0.6 per cent to $1.7 billion.

    And Tabcorp (ASX:TAH) posted a $1.4 billion loss caused by a major cash impairment.

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