S&P: GE Capital unchanged

Standard & Poor's said General Electric Capital Corp.'s (AA+/stable/A-1+) fourth-quarter results will not affect the rating.

Improved results from continuing operations in the fourth quarter reflect materially lower credit provisions ($1.35 billion versus $2.84 billion the previous year), which was partially offset by a decline in top-line revenues (2% to $12.8 billion) and a $733 million lower tax benefit, the agency said.

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