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Ingersoll said that it could see Allegion reach a market capitalization of US$4 billion. Chief Executive Officer of Ingersoll-Rand Plc, Mike Lamach, said that its security unit, Allegion Plc, could have a market capitalization of around US$4 billion when it starts trading on the exchange later this year.

HFF announced that they were able to close the sale of the MeadWestvaco World Headquarters HFF (Holliday Fenoglio Fowler, L. P. ) announced that they were able to close the sale of the MeadWestvaco World Headquarters which is a a 310,950-square-foot, trophy office building in Richmond, Virginia.

CEO Smithfield Foods is scheduled to testify before the Senate Agriculture Committee in Washington on July 10 regarding it's deal with Shuanghui International.

Gold Mining USA Inc announced that they were able to secure the 100% of the Preacher Mineral Leases in Nevada.

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Kroger Co. agreed to purchase Teeter Supermarkets Inc. for around US$2.5 billion. The largest US grocery chain, Kroger Co. , agreed to buy Harris Teeter Supermarkets Inc.

Swordfish Financial merger with iPoint expected to generate huge profits Swordfish Financial Inc announced that their merger with iPoint are expected generate huge profits for both companies.

Maxim magazine was said to be fetching bids of only US$20 million, less than a 10th of the cost its investors paid about six years ago.

LVMH Moet Hennessy Louis Vuitton SA bought 80% of Loro Piana SpA making the brothers who led the company billionaires.

Vivus Inc signed an impotence drug deal with Italy's Menarini Group for Eur95 million. Vivus Inc announced that it signed a contract with Italy's Menarini Group worth Eur95 million or US$121.

Yacktman Asset Management expressed its support for Carl Icahn's buyout offer for Dell. Yacktman Asset Management, Dell Inc's stockholder gave its support for Carl Icahn and Southeastern Asset Management's buyout offer for the PC manufacturer.

LBO France sought to sell Groupe Poult by sending marketing materials to potential buyers and waiting for bids until the end of the month.

US government's Fannie Mae considered selling about US$1 billion of home-loan bonds. The mortgage financier regulated by the US government, Fannie Mae, planned to sell around US$1 billion of home-loan bonds.

The sale of Woori Finance Holdings Co. was expected to succeed and earn about US$10.2 billion after four attempts.

The Florida based firm executes a Letter of Intent to relay its aim of purchasing the North Carolina based company.