Newspaper wrap-up 1-12-07: Apple in news for options probe
Posted Jan 12th 2007 9:00AM by Eric Buscemi
Filed under: Newspapers, Magazines, Internet, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), General Electric (GE), McDonald's (MCD), NYSE Euronext (NYX), Lockheed Martin (LMT)
MAJOR PAPERS:
- The Wall Street Journal (subscription required) highlighted Apple Inc's (NASDAQ: AAPL) ongoing options probe among its headlines.
- Federal Authorities are "actively" investigating backdated stock-option grants awarded to Steve Jobs, Apple's CEO.
- The NYSE Group's (NYSE: NYX) New York Stock Exchange is planning a pilot program later this year that may bring real-time stock price data to investors via web sites such as Google Inc (NASDAQ: GOOG) and Yahoo Inc (NASDAQ: YHOO).
- The Financial Times (subscription required) highlighted Britain's announcement to pull troops out of Iraq as the U.S. adds more to Iraq.
- Siemens AG's (NYSE: SI) ex-CFO Heinz-Joachim Neuburgerwas named in a bribery probe.
- British Prime Minister William Blair is set to announce an Iraq troop pullout of 2,600 soldiers.
- Regulators in Britain say that stem cell work with animals may be legal, despite a proposal to ban on hybrid embryo experiments.
OTHER PAPERS:
- The Economic Times reports that Reliance Industries may make a bid for General Electric Company's (NYSE: GE) Plastics Operations.
- The Chicago Tribune reports that McDonald's Corporation (NYSE: MCD) may put its Boston Market chain up for sale.
- CNet.com reports that Microsoft Corp (NASDAQ: MSFT) has lost its top executive in China, Li Gong.
- Investor's Business Daily's "New America" column said that Middleby Corp (NASDAQ: MIDD) should profit from the trend away from trans fats with their new Rocket Fryer.
- BusinessWeek's "Inside Wall Street" column mentioned Lockheed Martin Corporation (NYSE: LMT), Sempra Energy (NYSE: SRE) and Thermage Inc (NASDAQ: THRM) positively.
Tags: aapl, apple, businessweek, chicago tribune, ChicagoTribune, cnet, economic times, EconomicTimes, financial times, FinancialTimes, ft, ge, ibd, lmt, lockheed martin, LockheedMartin, mcd, mcdonalds, microsoft, midd, middleby, msft, newspaper, nyse, nyx, periodical, sempra, si, siemens, sre, thermage, thrm, wall street journal, WallStreetJournal, wsj
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Reader Comments (Page 1 of 1)
1-14-2007 @ 7:27PM
Greg Calderone said...
I love Apple as an investment. I follow Cramer closely and he has not let me down often. I use www.cramersez.com or www.thestreet.com to follow his picks. There are many references to his comments about apple there.
1-19-2007 @ 4:54PM
Nick Davich said...
On 1/19/07 Rueturs reported The NYSE last week asked the SEC to approve a program that could bring real-time stock quotes to Internet users in exchange for payments from Web site owners of $100,000 a month. Most Web sites, which typically serve small investors, provide stock trades that are delayed by 20 minutes
Well the small brokers who supposedly serve these small investors already receive the 20 min delay product and dont want to pay the $100,000/mo fee for the new product, real quotes, using the excuse that it will hurt these small investors. The truth is these small time brokers want the real time quotes for themselves and not have to pay the #100,000/mo fee for the r/t quotes because small investors are not sophisticated enough to use limit orders, which the small brokers hate and instead place market orders thus allowing these small brokers to play the spreads themselves and not pay the $100,000/mo fee and use small investors as their excuse to not pay the new fees. The SEC must be urged to see through the illogic reasoning and allow the $1000,000 fee if the small brokers want this new product and not the 20 min delays which they now have for nothing!!!!!!