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GE Shares Taking a Dive Wednesday

Sep 17, 2008  •  Post A Comment

General Electric, parent company of NBC Universal, saw its stock stumble on Wednesday, Reuters reports. Shares fell 7%, leaving investors panicking about how its financial arm was faring, the news service said. A GE representative said the company’s triple-A credit rating was secure and that it had not been damaged by recent trouble at AIG and Lehman Brothers.
—Christopher Perez

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