The 52-Week Low Club

September 17, 2007 by Douglas A. McIntyre

Enterra Energy (ENT) Canadian oil and gas investment company suspends monthly distribution payments to unitholders for at least six months to repay debt. Falls to $1.85 from 52-week high of $10.30.

PHH (PHH) Mortgage and vehicle fleet company was going to be bought by Blackstone (BX) and GE (GE). But, market environment seems to have killed that. Drops to $22.51 from 52-week high of $31.52.

Marsh & McLennan (MMC) Big insurance brokerage company fires head of largest unit. Down to $24.60 from 52-week high of $33.90.

Alcatel-Lucent (ALU) Telecom equipment company get downgrade after revising forecast down. Falls to $8.53 from 52-week high of $15.43.

Moody’s (MCO) Ratings agency under more pressure for bad ratings. Drops to $42.42 from 52-week high of $76.09.

Central Garden & Pet (CENT) Bad weather conditions and volatile grain prices. Down to $9.26 from 52-week high of $55.11.

Douglas A. McIntyre

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