GE Capital Still Ticking

Wall Street may be expecting a cut to General Electric’s credit rating, but the wound likely won’t be too deep. The conglomerate drew a modicum of strength Thursday from comments that its financial arm was likely to remain a blue-chip credit as Chief Financial Officer Keith Sherin insisted there was no "time bomb" hidden in its GE Capital finance arm.

Fixed-income research service Gimme Credit recommended that investors buy General Electric Capital's nine-year notes, saying the company will likely remain a top-tier credit in the AA range.