Wednesday, May 23, 2007

CA sees 2008 outlook below estimates, shares fall

(Reuters) - But CA Chief Financial Officer Nancy Cooper expects fiscal first quarter "head winds," including lower single-installment contracts to result in a decrease of cash collections of about $85 million and additional tax payments of some $50 million.




But she told an investor conference call she was still confident about meeting the company's full-year target.


Read more at Reuters.com Hot Stocks News

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