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CA Inc. (NASDAQ:CA) reports in line FQ2 EPS of $0.59 on revenues of $1.15 billion which are short of expectations by $50 million and down 4% year-on-year. Cash flow from continuing operations was $89 million and down 53%. Headwinds cited are new product and capacity sales that were lower than expected and the weak global economy. Domestic revenues were $730 million while international revenue was $422 million. Bookings, at $837 million, were down 13%, including North American bookings which were off 25%. The company forecasts revenue for the current financial year in the range $4.58 billion-$4.67 billion and EPS of $2.36-$2.44, below expectations of $4.76 billion and $2.48 respectively.
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Risk, reinsurance and human resources provider Aon (NYSE:AON) reports third quarter EPS of $0.95 which beats by $0.06 on revenues of $2.7 billion which miss estimates by $90 million.
Global investment management firm Legg Mason (NYSE:LM) reports EPS of $0.75 for its FQ2 which beats by at $0.20. Revenues are $640.3 million which beat by $4 million.
The Toronto Stock Exchange has reportedly granted permission to Royal Bank of Canada (NYSE:RY) to proceed on November 1 with its planned buyback of up to 30 million shares.
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