According to Reuters, Nintendo has raised forecasts for its next quarter and the full year based on strong sales of its DS product.
Reuters writes that AT&T (T) is open to Italian partners as its attempts to gain control of Telecom Italia.
Reuters also writes that Nokia (NOK) has paid Qualcomm (QCOM) $20 million for the use of certain patents in the second quarter. Negotiations between the two companies are continuing as their contract expires.
The Wall Street Journal writes that private equity operation Apollo Group is considering selling 10% of its shares to the public for $1.5 billion.
The WSJ also writes that Borders (BGP) has backed away from selling debt to improve its balance sheet after certain investors complained.
The WSJ reports that home inventories in most major metro areas are up double digits from a year ago.
The WSJ also reports that Google (GOOG) is launching a new mapping product that allows users to annotate and share maps.
The WSJ writes that the turnaround of PC giant Acer is complete and it is pushing into the US market.
The New York Times writes that the head of Ford (F) says that the company’s turnaround is tracking well and he sees not need to make deeper cuts.
FT reports that the European Union is trying to get Microsoft (MSFT) to turn over key code to its rivals to make intergration of their products into Windows more efficient.
Barron’s writes that Cbeyond, which provides phone calls over the internet, is worth about 20% more than where it trades now when compared to valuations at rivals like Savvis.
Douglas A. McIntyre
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