TORONTO (Standard&Poor's) July 20, 2012--Standard&Poor's Ratings Services today said that second-quarter results announced for General Electric Capital Corp. (GECC; AA+/Stable/A-1+) and for its parent General Electric Co. (GE; AA+/Stable/A-1+) will not affect the ratings on GECC. The results are in line with our expectations, and consistent with our stand-alone credit profile of 'a' on the company. GECC's revenues for the quarter were down 8% year-over-year, in line with the 7% reduction in assets. Pretax earnings of $2.2 billion were up 13% over second-quarter 2011. Profits across various business segments were down marginally, except for real estate, where the $221 million contribution contrasts with its $335 million loss in second-quarter 2011. Segment performances reflect a combination of
