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* Ontario-based Kaiser Ventures Inc. reported second-quarter net income of $491,000, or 5 cents per share, on revenue of $3.1 million, compared with $604,000, or 6 cents, on revenue of $3.2 million a year ago.

* Pasadena-based Paula Financial reported a second-quarter loss of $8 million, or $1.26 per share, contrasted with net income of $1.4 million, or 34 cents, a year ago.

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