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Article: HP Announces HP Financial Services Wholly Owned Subsidiary; World's Second Largest IT Leasing Company.
- Article from:
- Business Wire
- Article date:
- August 13, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/High-Tech Writers
PALO ALTO, Calif.--(BUSINESS WIRE)--Aug. 13, 2002
HP (NYSE:HPQ) today announced HP Financial Services, the company's new leasing and financial services subsidiary. HP Financial Services is designed to enhance HP's worldwide sales efforts by delivering a broad range of financial services and asset management capabilities that can positively impact HP's customer and partner relationships and shareowner value.
HP Financial Services operates as a wholly owned subsidiary of HP, and HP intends to include its performance as one of five segments in HP's quarterly financial segment reporting. HP Financial Services ...