Topic: Energy Transfer Partners LP
A drop in demand from China and India hurt the profits of Mosaic, the US's largest fertilizer company. But utilities and health care stocks helped pull the S&P 500 above the break-even mark.
Spain reentered a recession Monday, renewing fears about Europe's economic stability and sending stocks lower. The Dow fell 14 points to close at 13213; the Standard and Poor 500 index had its first monthly loss since November.
Sunoco Inc. will be sold to natural gas company Energy Transfer Partners in a deal valued at about $5.3 billion. Sunoco had been looking to exit the refining business prior to the deal.