GE (GE -2.4%) says credit losses at its GE Capital unit are expected to peak next year, ensuring...

|By:, SA News Editor

GE (GE -2.4%) says credit losses at its GE Capital unit are expected to peak next year, ensuring flat earnings but paving the way for improvement in 2011. Unit chief Mike Neal was confident that regulators wouldn't force the disposal of the business, though GE has been shrinking it and its real-estate assets are under heavy pressure.