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Investors fear GE will lose triple A rating


The two scenarios have haunted GE’s shares in recent weeks, even as the company took steps to shore up its beleaguered finance arm, GE Capital, by diverting $9.5bn in cash from the corporate parent this quarter and slashing the company’s dividend.

The stock fell for the 11th time in the past 14 sessions and has lost almost 60 per cent of its value this year, prompting GE to write to investors on Wednesday seeking to assuage fears for GE Capital’s stability.

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