Fidelity National Financial Inc.: The Irvine-based title...

Fidelity National Financial Inc.: The Irvine-based title insurance underwriter reported net income of $5.2 million for its fiscal year ended Oct. 31, up 4% from $5 million in fiscal 1989. Revenue rose 12% to $183.3 million from $163.2 million. For the fourth quarter, net income declined 36% to $1.6 million from $2.5 million. Revenue rose 6% to $49.3 million from $46.5 million. William P. Foley II, president and chief executive, attributed the fourth-quarter decline in net income to a softening California real estate market.