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Computer Associates Sales Fall in Quarter

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Bloomberg News

Computer Associates International Inc. said it had a fiscal first-quarter loss after the way the company charges for software caused sales to fall. The loss in the quarter ended June 30 was $342 million, or 59 cents a share, compared with profit of $23 million, or 4 cents, in the year-earlier period, and sales fell to $713 million from $1.14 billion a year earlier, the company said.

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