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Bloomberg News

UnionBanCal Corp., parent of Union Bank, said it will barely eke out a fourth-quarter profit after bolstering loan loss provisions for the third time this year. The bank said it expects to earn about 1 cent a share this quarter after taking a $250-million provision for loan losses. It was expected to make 80 cents a share, according to analysts’ average estimate. The stock (UB) fell 50 cents to $23.75 before the announcement. . . . Fidelity Investments said it will reopen its second- and third-biggest funds--Contrafund and Growth & Income--to new investors, 2 1/2 years after closing them.

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