S&P downgrades GE’s credit rating, Moody’s, Fitch put it on review

October 2, 2018 admin Business News Comments Off on S&P downgrades GE’s credit rating, Moody’s, Fitch put it on review

Ratings agency Standard & Poor’s cut General Electric Co’s credit rating on Tuesday, a day after the conglomerate announced a $23 billion charge related to its power business and ousted its chief executive officer.

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Source:: Reuters – Business News