Subsea 7 Jumps Most in Three Years as

Subsea 7 Jumps Most in Three Years as Profit Beats Estimates - Bloomberg July 22 (Bloomberg) -- Subsea 7 Inc. , a U.K. oil-services company that operates from the North Sea to Africa, surged the most in three years in Oslo trading after reporting second-half profit that beat analyst estimates. Subsea jumped as much as 12 Source: www.bloomberg.com Paulson Aims to Spur Covered Bonds by Sidestepping Congress - Bloomberg July 21 (Bloomberg) -- Treasury Secretary Henry Paulson , aiming to create a new source of U.S. mortgage financing, wants banks to start issuing covered bonds without waiting for legislation from Congress. Regulators can provide the guidance that Source: www.bloomberg.com Indian schools spur virtual PC demand - Zd Net Asia.com U.S.-based provider of desktop virtualization products, NComputing, expects its revenues from India to grow from 7 percent today to 35 percent by end-2009. INDIA--Bolstered by demand from local educational institutions, U.S.-based NComputing expects Source: www.zdnetasia.com