TORONTO (Standard&Poor's) Oct. 19, 2012--Standard&Poor's Ratings Services today said that third-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 GECC. Third-quarter revenues were down 5% year-over-year, in line with the 7% reduction in assets. Pretax earnings of $1.8 billion were up 10% from third-quarter 2011, driven by improvements in the Real Estate segment, strong retail volumes supported by better overall margin, and lower impairments, which were partially offset by higher credit costs and lower assets from noncore portfolio run-off. Profits in
