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

[riky]

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

 


Reuters - General Electric Co  was stripped of its AAA credit rating by Standard & 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.


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