he was (over) selling. New product sales are declining is the reality. CEO is a non infrastructure guy leading an infrastructure company. Hmmmm..... Tough job I know but....
CA stock down over a point because the CEO mis-spoke? Michael Gregoire said new Enterprise Solutions segment sales would be "pretty much flat", but the company, seeing a problem with those words, needed to issue an 8K clarifying total new product sales for fiscal year 2015 will decline by an approximate mid-single-digit percentage when compared to fiscal year 2014. Is the CEO un-aware of what's going on, or was that an attempt by him to soft sell what may turn out to be a dis-appointing quarter?
FNRG poised for monstrous movement after confirming sale of Transpacific Energy, Inc. Now many are wondering if $8 is around the bend.
Another new fiscal year for CA and word has it there have been more layoffs. Is laying off people a sign of growth? I don't think so.....
Anyone have details on the layoffs?
I forgot to wish Sanjay a happy New Year in the can. Two more years!
Register Number: 71321-053
Located at: Miami FCI
Release Date: 01/25/2017'
Labor costs have never been the issue at CA. Look at SG&A, mostly the A. As in Admin or slAppy jAy.