Sanjay Kumar resigned Wednesday as chairman and chief executive of Computer Associates International Inc., as the software company’s long-simmering accounting scandal finally reached the top. After ...

NEW YORK — Texas billionaire Sam Wyly said Friday that he has stepped down as chairman of arts and crafts chain Michaels Stores Inc. to devote more time to his fight for control of software maker ...

Dissident investor Sam Wyly's group, gaining momentum in its bid to unseat four directors from the board of Computer Associates International Inc., won the backing of a major shareholder advisory ...

NEW YORK (Reuters) -- Computer Associates International on Wednesday said it agreed to pay Texas billionaire Sam Wyly $10 million to drop his latest battle for seats on the company's board for five ...

NEW YORK, April 8 -- Three former Computer Associates International Inc. executives admitted Thursday that they fraudulently recorded hundreds of millions of dollars worth of contracts in a broad ...

Shares of Computer Associates and BMC Software today plunged after the companies warned profits would fall under expectations, as analysts pointed to lingering concerns over Y2K-related sales ...

Software company Computer Associates International Inc., which has been under investigation by federal regulators over its accounting practices, on Monday said it may face civil charges for improper ...

Shares of Computer Associates International Inc. fell more than 17% Wednesday following reports of a federal inquiry into whether the company deliberately overstated profit to inflate its stock price ...

Computer Associates International today said it will lay off 800 workers worldwide in a restructuring plan it said is designed to more closely align its investments with its strategic growth ...

Computer Associates shares moved up $2.90, or 8 percent, to $38.25 Tuesday after Prudential Securities analyst John McPeake upgraded the software developer from an “accumulate” rating to a “strong buy ...

The former CEO of Computer Associates, Sanjay Kumar, was sentenced Thursday to 12 years in prison. He was also fined $8 million for securities fraud and obstruction of justice. The business news ...