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By Richard Gibbons
February 17, 2005

Yesterday, title insurer and mortgage-information provider First American Corporation (NYSE: FAF) reported earnings that were down year over year. The declining earnings aren't really a surprise. Analysts expected that First American would have difficulty matching last year's stellar results, and competitors such as Fidelity National Financial (NYSE: FNF) and LandAmerica Financial Group (NYSE: LFG) also reported lower numbers this week...

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