First American Financial Corp.: The Santa Ana...
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First American Financial Corp.: The Santa Ana provider of real estate-related financial and informational services said that net income for the first quarter totaled $8.6 million, or 75 cents a share, contrasted with a 1995 first-quarter net loss of $12.7 million, or $1.11 a share. Revenue rose 33%, to $347.4 million from $261.2 million. The company said the turnaround resulted primarily from a continuation of lower mortgage interest rates and an improved real estate economy.
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