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-0.00311041990668747 -0.00640746500777603 -0.010886469673406 -0.0121772939346813 -0.0113219284603421 -0.00897356143079324 -0.00057542768273721 -0.0032970451010887
Stock impact report

S&P Sours On General Electric [Seeking Alpha]

General Electric Company (GE) 
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Seeking Alpha
SummaryS&P revised GE's outlook to "negative" from "stable." Headwinds at Aviation could hurt GE's credit metrics.Air travel is free-falling and airlines are grounding planes amid the coronavirus. This will create headwinds for Aviation.A decline in consumer spending could hurt any recovery and create headwinds for GE's industrial businesses.If GE's credit metrics do not improve by Q3 2020, a ratings downgrade could be on the cards.The coronavirus likely sank GE's moat. Sell the stock.Source: VoxThe coronavirus has brought the U.S. economy to a practical standstill. That is not good for highly-indebted companies like General Electric (soured on the companyThe outlook for General Electric Co.'sGE, -1.68%A potential downgrade could amplify GE's borrowing costs and make it difficult to raise more capital. The Federal Reserve has been providing liquidity to the bond markets to ensure credit continues to flow to corporations. Debt may not be cheap, especially when you have to repay it afte Show less Read more
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