Fidelity National Financial Inc.
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The Irvine provider of title insurance and real estate-related products and services reported record first-quarter net income of $45 million, or 57 cents a share. A year earlier, the company earned $1.9 million, or 6 cents a share, which included nonrecurring charges of $13.4 million related to reevaluation of assets. Revenue more than doubled to $777.9 million from $377.7 million. The company acquired title insurer Chicago Title Corp. on March 20, 2000.
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