Hewlett-Packard Plans To Split In Two, WSJ Reports

Hewlett-Packard — the Palo Alto, Calif., tech giant that has struggled in the past decade to live up to shareholders’ hopes — is preparing to split in two, according to The Wall Street Journal.

Citing “people familiar with the matter,” the Journal said HP will separate its printing and personal computing businesses from its corporate hardware and services operations. The Journal said a formal announcement could come as soon as Monday, Oct. 6. An HP spokeswoman declined immediate comment.                read more>>