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* Pasadena-based CenFed Financial Corp. reported net income for the fourth quarter of $2.2 million, or 35 cents per diluted share including a charge, compared with $2.7 million, or 46 cents, a year ago.
* Los Angeles-based Occidental Petroleum Corp. said it agreed to sell its Oklahoma oil properties to Anadarko Petroleum Corp. for about $120 million. The sale is part of Occidental’s previously announced program to divest nonstrategic assets in order to help finance its acquisition of the Elk Hills field in California.
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