ALSO NOTED: Helio's Ocean coming soon? China Mobile sees acquisitions; and much more...

> Telecom Italia's net income climbs 4.2 percent. Article (WSJ sub. req.)

> Helio Ocean could debut in the next few days. Article

> Hutchison returns to profit. Article (WSJ sub. req.)

> China Mobile seeks acquisition targets in Asia. Article (WSJ sub. req.)

And Finally... Bamboo cell phone sounds awfully Gilligan's Island to me. Article