Fidelity National Title Group, Inc. Announces 2nd Quarter Earnings Release and Conference Call
July 05 2006 - 10:15AM
PR Newswire (US)
JACKSONVILLE, Fla., July 5 /PRNewswire-FirstCall/ -- Fidelity
National Title Group, Inc. (NYSE:FNT), one of the nation's largest
title insurance companies and a majority-owned, publicly traded
subsidiary of Fidelity National Financial, Inc. (NYSE:FNF), will
release 2nd quarter 2006 earnings after the close of regular market
trading on Tuesday, July 25, 2006. The discussion of FNT's 2nd
quarter results will take place during the FNF earnings conference
call at 10:00 a.m. Eastern Time on July 26, 2006. Those wishing to
participate via the webcast should access the call through FNF's
Investor Relations website at http://www.fnf.com/ . Those wishing
to participate via the telephone may dial in at 800-230-1096 (USA)
or 612-288- 0337 (International). The conference call replay will
be available via webcast through FNF's Investor Relations website
at http://www.fnf.com/ . The telephone replay will be available
from 1:30 p.m. Eastern Time on July 26, 2006 through August 2, 2006
by dialing 800-475-6701 (USA) or 320-365-3844 (International). The
access code will be 835470. Fidelity National Title Group, Inc.
(NYSE:FNT) is one of the nation's largest title insurance
companies. The Company's title insurance underwriters -- Fidelity
National Title, Chicago Title, Ticor Title, Security Union Title
and Alamo Title -- issue approximately 29 percent of all title
insurance policies in the United States. Through its direct
operations and agencies, the Company provides title insurance in 49
states, the District of Columbia, Guam, Mexico, Puerto Rico, the
U.S. Virgin Islands and Canada. In 2005, FNT also acquired Service
Link, a leading provider of title and closing services to major
financial institutions and lenders, including six of the top 10
lending institutions in the United States ranked by loan
origination volume. More information about Fidelity National Title
Group can be found at http://www.fntg.com/ . FNT is a
majority-owned subsidiary of Fidelity National Financial Inc.
(NYSE:FNF), number 248 on the Fortune 500 and a provider of
products and outsourced services and solutions to a variety of
industries. More information about FNF can be found at
http://www.fnf.com/ . This press release contains forward-looking
statements that involve a number of risks and uncertainties.
Statements that are not historical facts, including statements
about our beliefs and expectations, are forward-looking statements.
Forward-looking statements are based on management's beliefs, as
well as assumptions made by, and information currently available
to, management. Because such statements are based on expectations
as to future economic performance and are not statements of fact,
actual results may differ materially from those projected. We
undertake no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise.
The risks and uncertainties which forward-looking statements are
subject to include, but are not limited to: changes in general
economic, business and political conditions, including changes in
the financial markets; adverse changes in the level of real estate
activity, which may be caused by, among other things, high or
increasing interest rates, a limited supply of mortgage funding or
a weak U.S. economy; compliance with extensive regulations;
regulatory investigations of the title insurance industry; our
business concentration in the State of California, the source of
over 20% of our title insurance premiums; our dependence on
distributions from our title insurance underwriters as our main
source of cash flow; competition from other title insurance
companies; FNF's need to maintain more than 80% ownership of our
common stock for various tax purposes; and other risks detailed in
the "Statement Regarding Forward-Looking Information," "Risk
Factors" and other sections of the Company's Form 10-K and other
filings with the Securities and Exchange Commission. DATASOURCE:
Fidelity National Title Group, Inc. CONTACT: Daniel Kennedy Murphy,
Senior Vice President, Finance and Investor Relations, Fidelity
National Financial, +1-904-854-8120, or Web site:
http://www.fntg.com/ http://www.fnf.com/
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