Pimco Advisors L.P.: The Newport Beach investment...

Pimco Advisors L.P.: The Newport Beach investment management company reported first-quarter net income of $13.1 million, or 26 cents a unit, down 16% from $15.6 million, or 28 cents a unit, for the same period last year. Revenue rose 3%, to $71.1 million from $68.8 million.