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Newspaper wrap-up 1-12-07: Apple in news for options probe

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.