Hewlett-Packard confirms plans to break itself into two companies
October 06, 2014 at 06:30 AM EDT
Hewlett-Packard had been expected to announce plans split into two companies, one focused on personal computers and printers, and the other on corporate computing and IT services. HP is expected to discuss the plan in detail at a meeting with financial analysts in San Jose, Calif. on Wednesday.. The plan was first reported by The Wall Street Journal.