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GE slashes earnings, to halt buyback to keep Triple-A rating
Photo by: midweekpost

GE slashes earnings, to halt buyback to keep Triple-A rating

LONDON (MarketWatch) -- General Electric on Thursday warned 2008 earnings may be as much as 15% lower than it earlier predicted and said it would halt a stock buyback program to maintain the Triple A credit rating so important to its financials... 1 month ago

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