CA Shares Gain After 4Q Results Top Street

NEW YORK (AP) — Shares of software maker CA Inc. advanced Thursday, a day after the company beat Wall Street expectations on fourth-quarter earnings and revenue.

"Bookings were slightly ahead of our expectations and benefited from larger deals and lengthening terms, both a nice feather in the cap for CA," RBC Capital Markets analyst Robert Breza said in a client note Thursday.

He added, "The company continues to get it done and reinforce its image as a relatively defensive name given the large stable revenue base, improved margin profile and numerous cost control efforts." ...