Industry News

Profits at Fidelity National Financial fall 30%

Title and escrow subsidiary's declining revenue hurts parent company
Published on Jul 26, 2006

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by CareyBot

Fidelity National Financial Inc. (FNF) said Tuesday lower title and escrow premiums pushed second-quarter profits down 30 percent, to $132.6 million, compared to the same quarter last year. Earnings fell to 73 cents per share, compared with $1.07 in the ...