GE Credit Rating downgraded

more news coming from Bloomberg
UPDATE1: AA+ is the word. what's the stock price doing in premarket? up 3% at posting.

UPDATE2: Immelt spoke: we can function easily as a AA company. what's the stock doing - still rising, now up over 5%.

UPDATE3: up 10% and by many measures, why? In my view, the fundamentals of the non-financial arm businesses are strong (relative to the golabal circumstances) - I hold a GE position.