Profile of Darrell Dunn
News & Commentary Posts: 683
Articles by Darrell Dunn
posted in April 2004
The software vendor's new chief operating officer says CA has eliminated the issues that triggered a government probe, and has a solid business model, balance sheet, and vision.
Many customers say they're watching the ongoing federal fraud investigation of Computer Associates carefully and will be more guarded in future dealings with the company.
The cloud cast by an SEC probe into CA's finances has claimed another exec. Kumar will now be CA's chief software architect.
Computer Associates fired nine employees Monday. Will chairman and CEO Sanjay Kumar be next?
Sun Microsystems lost $760 million as sales fell 7% to $2.6 billion during its fiscal third quarter.
Under terms of the agreement, Sun will cooperate with its longtime rival, ending its antitrust suit; the company is also cutting 3,300 more jobs.