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CA Technologies, Inc., formerly Computer Associates International, Inc., and CA, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest.
Without the padded revenue, earnings would have been a mere 5 cents per share and the stock price might well have fallen. [12] In April 2004 Computer Associates International restated $2.2 billion in sales that had improperly during 1999 and 2000. The restatement did not change the company's overall past financial results or current sales and ...
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
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A previous stock option set in 1995 specified that a certain number of shares would vest when Computer Associates' shares sustained a target price. The benchmark was met in 1998, and the three executives combined received nearly $1 billion in Computer Associates stock with Wang himself netting $700 million; he had already been the highest paid ...
CA Technologies, Inc., formerly Computer Associates International and CA, Inc., was an American multinational software company that developed and published enterprise software. Active from 1976 to 2018, the company was co-founded by Charles B. Wang and Russell Artzt. The pair incorporated CA to capitalize on the emerging market of third-party ...