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Moody's Investors Service said it may downgrade the triple-A rating of General Electric and its GE Capital unit, sending the conglomerate's shares down sharply in after-hours trading.
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The review came a day after Standard & Poor's said it won't change GE's top-tier credit rating despite a 44 percent drop in fourth-quarter profit.
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GE's triple-A credit rating has become a matter of intense investor concern in recent weeks, after S&P in December cut its outlook on the world's largest maker of jet engines and electric turbines to "negative," meaning it faced a 1-in-3 chance of losing the rating over the next two years.
But S&P warned that GE's hefty finance arm would remain under pressure.
"We believe it will be increasingly challenging for (GE Capital) to realize management's current guidance of a $5 billion net income in 2009," the agency said in a statement.
GE on Friday reported a fourth-quarter earnings drop that matched Wall Street's expectations.
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