Title insurer Fidelity National's net sinks 92 percent (Reuters)

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, said on Wednesday second-quarter profit tumbled 92 percent as the housing slump cut into home sales and refinancings.

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Net income fell to $6.9 million, or 3 cents per share, from $84.8 million, or 38 cents a share, a year earlier. Revenue fell 21 percent to $1.18 billion. Analysts on average expected profit of 13 cents per share on revenue of $1.17 billion, according to Reuters Estimates.

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