<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20060112/bs_nm/ibm_investigate_dc"><img src="http://us.news3.yimg.com/us.i2.yimg.com/p/rids/20060112/i/r2107610111.jpg?x=130&y=79&sig=izKL08owenk XOqfCJE221g--" align="left" height="79" width="130" alt="A view of IBM headquarters at la Defense in Paris, May 6, 2005. IBM said on Thursday it received notice from the U.S. Securities and Exchange Commission that the agency opened a formal investigation into the company's disclosure of first-quarter earnings and equity compensation. REUTERS/Philippe Wojazer" border="0" /></a>Reuters - IBM said on Thursday that
U.S. securities regulators were formally investigating the
world's biggest computer services company's first-quarter
earnings report and expensing of stock options.</p><br clear=all>
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IBM says SEC probes earnings (Reuters)