Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

CA Technologies Enteres Accelerated Share Repurchase Deal With Bank Of America

RELATED NEWS
Trade CA now with 

CA Technologies (CA: Quote) Thursday said it has entered into an accelerated share repurchase agreement with Bank of America, N.A., under which the Company will repurchase $500 million of its common stock.

The majority of the shares will be delivered to the Company by the bank in the Company's fourth quarter, ending March 31, 2012. The Company will acquire these common shares as part of its $1.5 billion stock repurchase program it announced on Jan. 24, 2012.

Click here to receive FREE breaking news email alerts for CA Technologies and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Twitter Inc. has replaced its head of product Daniel Graf just six months after luring him over from Google, according to multiple reports. Graf, previously known for his work leading Google Maps, will retain his vice president of product title and work on Twitter's geolocation features, the Wall... LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Visa Inc., the world's largest payment card processor, said Wednesday that its fourth quarter profit fell 10% from last year, hurt mainly by a hefty litigation provision even as revenue increased 9%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.