The Associated Press June 1, 2010, 4:10PM ET

First American Financial, Corelogic spin off

First American Financial Corp. and CoreLogic Inc. said Tuesday that they completed their separation into two separate publicly traded companies.

First American Financial was created as a spinoff from First American Co., which changing its name to CoreLogic.

Shares of First American Financial will begin trading Wednesday on the New York Stock Exchange under the ticker FAF, which was used by First American Co.

CoreLogic will begin trading under its new ticker symbol, CLGX.

First American Financial provides title insurance and settlement services to the real estate and mortgage industries.

CoreLogic provides consumer, financial and property information to business and government.

First American Corp. shares fell 66 cents, or 1.9 percent, to $33.37 in afternoon trading Tuesday.


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