CA Shares Retreat After Credit Suisse Downgrade

NEW YORK (AP) — Shares of CA Inc. dropped Monday after a Credit Suisse analyst downgraded the information technology management software company along with rival BMC Software Inc.

Analyst Philip Winslow downgraded both companies to "Neutral" from "Outperform." Winslow noted that their shares have outperformed the S&P 500 — by 34 percent in the case of BMC and 9 percent in the case of CA since December 2007, when he recommended that investors buy them.

He now expects the stocks' further outperformance to be "more limited." CA, Winslow said, has reaped the benefits of the launch of IBM's Z10 mainframe in February 2008. ...