Reuters: GE stripped of top-tier credit rating by S&P, stock up

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GE stripped of top-tier credit rating by S&P, stock up
      
   
      

NEW YORK (Reuters) - General Electric Co  was stripped of its AAA credit rating by Standard &amp; Poor's, which cited the performance of GE's finance unit, but its shares rose 12.7 percent as investors breathed a sigh of relief the cut was not deeper.<div class="feedflare">
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