In a move that was widely expected, Hewlett Packard Co. (NYSE: HPQ) this morning said that it would join its printing and imaging group with its PC group in a single division to be called the Printing and Personal Systems Group. The combined group has revenue of more than $65 billion. The head of HP’s new division is Todd Bradley, who previously ran the PC group.
HP CEO Meg Whitman killed an announced plan by her predecessor to sell the company’s PC group shortly after she took over the company last September. Tying the two groups together undoes the split orchestrated by then-CEO Mark Hurd in 2005. Carly Fiorina had put the two together shortly before she was replaced by Hurd.
HP shares are up about 0.6% at $23.98 shortly before the market opens this morning. The stock’s 52-week range is $21.50-$43.28.
Credit Card Companies Are Doing Something Nuts
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It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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