Disclosure Insight Maintains Medium Risk Rating on CA

A report from Disclosure Insight reiterates its Medium Risk – Negative Bias rating on CA Inc (NASDAQ: CA).

The report states, “Executive suite and board turnover; 2 recent guidance cuts; acquisition activity; and one-time items support our opinion of a Medium Risk - Negative Bias rating on CA. There were 6 departures from the board, 3 chairmen, 2 CEOs (including an interim CEO), 4 principal accounting officers (including an acting PAO), and 2 CFOs, as well as changes in the general counsel position.”

CA closed yesterday at $21.43.