Fidelity National Financial will retain a 15% minority ownership position in the personal lines business.
FORBES: Fidelity National Financial Sells 85% Stake to WT Holdings
Fidelity National Financial is a leader in title insurance, mortgage services and refinancing.
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He and a few partners took control of Fidelity National Financial in 1984.
Buy Fidelity National Financial 6.60% Due Mat 15, 2017 (CUSIP: 31620RAC9) at 113.29 for a 3.15 % noncallable yield to maturity.
FORBES: One Rating Agency's Junk Bond Could Be Your High-Yield Treasure
Most Mexican companies don't sell it, but Houston-based Stewart Title Guaranty and Fidelity National Financial (parent to Chicago and Fidelity Title) do.
Fidelity National Financial competes with First American Financial (FAF) and Old Republic International (ORI) in the title insurance and mortgage services sector, and with Stewart Information Services (STC) in the insurance information services business.
FORBES: Fidelity National Financial Sells 85% Stake to WT Holdings
Fidelity National Financial shares are trading higher Wednesday.
FORBES: Fidelity National Financial Sells 85% Stake to WT Holdings
Jason Cory is the senior vice president of Global Services for FIS, an NYSE-listed financial services company also known as Fidelity National Information Services.
Other competitors in the financial sector include: MasterCard (MA), Fidelity National Info (FIS), and American Express (AXP).
And corporate breaches spill millions of customers' credit card information into the black market: A breach in January at the retailer TJ Maxx revealed the private financial data of more than 46 million customers, while Certegy Credit Systems, a branch of Fidelity National Information Services, announced last week that a former employee had stolen and sold customers' data, exposing as many as 2.3 million accounts.
And corporate breaches spill millions of customers' credit card information into the black market: A breach in January at the retailer TJ Maxx (nyse: TJX - news - people ) revealed the private financial data of more than 46 million customers, while Certegy Credit Systems, a branch of Fidelity National Information Services, announced last week that a former employee had stolen and sold customers' data, exposing as many as 2.3 million accounts.
Other competitors in the financial sector include: Visa (V), American Express (AXP), and Fidelity National Information Services (FIS).
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