GE Capital Sees No Need To Raise Outside Capital (GE)

July 28, 2009 8:33 AM EDT
GE (NYSE: GE) is hosting a meeting on GE Capital today. On the call, GE said it is committed to the GE Capital business model; says 2010 loss scenarios could be similar to 2009; repeats 1st-half 2009 losses below fed base case; GE Capital said it has no need to raise outside capital.

Shares of GE are down 1% in pre-open trading.

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