(The following statement was released by the rating agency) Oct 26 - Standard & Poor's Ratings Services today said its 'B' long-term and 'B-3' short-term corporate credit ratings on General Motors Corp. (GM) would remain on CreditWatch with negative implications, where they were placed on March 29, 2006. The CreditWatch update follows GM's announcement of third-quarter results. Third-quarter earnings improved sharply over those of 2005, with an automotive net loss of $116 million, ...
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