Friday, December 19, 2008
S&P says GE triple-A could be at risk
BOSTON/NEW YORK (Reuters) - Standard & Poor's lowered its outlook on General Electric Co (NYSE:GE - News) to "negative" on Thursday, meaning it believes there is a one-in-three chance the U.S. conglomerate could lose its coveted "AAA" rating over the next two years.
The ratings agency upheld its current top-shelf ratings on the world's largest maker of jet engines and turbines that produce electricity, as well as its GE Capital finance arm, the outlook of which also went to "negative." ...GE shares closed down 8.22 percent at $15.96...
S&P says GE triple-A could be at risk
The ratings agency upheld its current top-shelf ratings on the world's largest maker of jet engines and turbines that produce electricity, as well as its GE Capital finance arm, the outlook of which also went to "negative." ...GE shares closed down 8.22 percent at $15.96...
S&P says GE triple-A could be at risk
Permalink posted by markw @ 5:44 AM 
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