It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of the names on the move ahead of the open.
Merger Transaction Completed: On Oct. 5, 2012, ETE affiliate Energy Transfer Partners, L.P. completed a merger with Sunoco, Inc..
--U.S. midstream energy master limited partnership Energy Transfer Partners L.P.. completed its agreement to purchase Sunoco Inc. for $5.3 billion. In addition, ETP completed the formation of a new ETP-controlled company called ETP HoldCo Corp. that will include Southern Union Co. and Sunoco ".
**GREEN DOT CORP, Friday close $12.85, down 23 pct premarket. **NETSPEND HOLDINGS INC, Friday close $10.75, down 12 pct premarket. Shares of Prepaid card companies Green Dot and NetSpend fell after Wal-Mart and American Express announced a partnership to offer customers an alternative to debit and checking accounts.
U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season. **INNOSPEC INC, Friday close $34.35.
U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season. **UNITEDHEALTH GROUP INC, Friday close $57.13.
DALLAS-- Energy Transfer Partners LP said Friday that it completed its acquisition of Sunoco Inc. for about $5.5 billion, creating one of the more diverse pipeline companies in the country.
Oct 5- Energy Transfer Partners LP:.
DALLAS-- Sunoco Inc.' s shareholders on Thursday approved Energy Transfer Partners L.P. plans to buy the company for $5.3 billion, creating one of the more diverse pipeline companies in the country.
Oct 4- Energy Transfer Partners LP:. *Energy Transfer and Sunoco announce results from Sunoco special meeting of. *Says ETP and Sunoco expect to close the merger effective October 5, 2012.
The country's largest fertilizer company, Mosaic, said weak demand from China and India have hurt its profits. Mosaic, Dupont and stocks of other companies in the materials industry fell. Dupont led the Dow lower, sinking 86 cents to $49.50.
Mosaic, Dupont and stocks of other companies in the materials industry fell. Dupont led the Dow lower, sinking $1.02 to $49.34. Spain needs to ask for money from Europe's bailout fund before the European Central Bank can start buying its government bonds.
NEW YORK-- Standard& Poor's said Monday specialty pet retailer PetSmart Inc. will join the benchmark S&P 500 index after the close of trade Thursday, replacing Sunoco Inc. which is being acquired by Energy Transfer Partners LP. Cabela's Inc., a specialty retailer of hunting and fishing gear, will move from the SmallCap 600 to the MidCap 400, replacing PetSmart.
*S&P says PetSmart Inc to replace Sunoco Inc in S&P 500. *S&P says change to be made after close of trading on October 4. *S&P says Sunoco being acquired by Energy Transfer Partners LP.
"I think the pipeline master limited partnerships could be a terrific place to wait out the rocky markets," says Mad Money host Jim Cramer. Kelcy Warren, Energy Transfer Partners CEO, discusses MLPs and the state of natural gas.
Cramer makes the call on viewers' favorite stocks.
Stocks ended lower in thin trading Monday, with the S&P and the Nasdaq posting a loss for the month of April, following a handful of mixed economic reports in addition to news that Spain slipped into a recession.
U.S. stock index futures were largely unchanged Monday after news that Spain slipped into a recession and as investors looked to take a breather following a four-day rally that sent the S&P 500 over its 1,400 milestone.
Take a look at some of Monday's morning movers: