Health insurer NIB returned $75 million in cash to its shareholders, making good the company’s promise to refund money to investors if it could not find suitable acquisitions. The payment was equivalent to about 16¢ a share.
George Liondis

Hedge fund manager HFA Holdings said full year earnings would be at the top end of an earlier forecast of between $17 million and $19 million. Assets under management totalled $US5.8 billion as at June 30, 22 per cent higher than a year earlier.