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GE to sell part of credit card unit

General Electric has announced it’s to sell part of its credit-card unit in an initial public offering. The move highlights the renewed investor enthusiasm for the card business after some issuers were hit hard by defaults. http://online.wsj.com/news/articles/SB10001424052702303546204579436793107211978?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=reno64-wsj

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