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Earnings

July 18, 1986

Transamerica said its net income grew 45% in the second quarter over last year. The quarterly earnings were bolstered by an after-tax gain of $14.8 million from the sale of securities. The San Francisco-based company, which earlier this year announced its decision to divest its air travel, car rental and manufacturing operations, said its earnings from continuing operations were up 65% in the quarter from a year earlier.

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