EARNINGS
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Other earnings, excluding one-time gains or charges unless noted, include:
* Sempra Energy, parent of Southern California Gas Co. and other utilities, said its first-quarter earnings rose 14% to $113 million, or 49 cents a share, up from 42 cents, beating estimates of 44 cents. Revenue jumped 25% to $1.5 billion.
* US West Inc., the telephone company being bought by Qwest Communications International Inc., said first-quarter profit rose 13% to $445 million, or 87 cents a share, well above forecasts of 78 cents, on customer additions in its data- and wireless-service businesses. Sales grew 6.6% to $3.38 billion.
* Western Digital Corp.’s loss narrowed more than forecasts to $22.6 million, or 17 cents a share, from $61.3 million, or 68 cents, as prices stabilized. Revenue fell 23% to $516.6 million. Analysts, on average, had forecast 24 cents, after the computer disk drive maker said April 5 that it expected a loss in the range of 20 to 25 cents.
* First Alliance Corp., the embattled Irvine mortgage lender that decided last month to liquidate under bankruptcy protection, said it lost $14.5 million and that revenue dropped 71% in the first three months this year.
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