HP to Split Into 2 Companies, Expected to Layoff 5,000 Additional Employees
October 06, 2014 at 16:56 PM EDT
U.S. indexes failed to build on Friday’s rebound and closed the day slightly lower. Hewlett-Packard’s (HPQ) stocks were up 6% after the announcement was made that the 75-year-old company is planning on splitting into two separate companies in hopes to add shareholder value and spur innovation. HP will split be separating its computer and printer Read the full article... Read the rest of HP to Split Into 2 Companies, Expected to Layoff 5,000 Additional Employees at InvestorGuide.com .