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CA Expects Downturn to Continue
Software company CA(CA Quote) said earnings remained flat in the fourth quarter, helped by tighter expense controls.
Its shares declined in after-market trading, after closing down 1.3% to $17.32, as the company said it is assuming a downturn will continue into at least the early part of fiscal 2010.
During the quarter, income stayed steady at $72 million, or 14 cents a share, from $71 million, or 14 cents, in the year-ago period. ...
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