Zacks Analyst Blog Highlights: Marriott, Starwood, National Semiconductor, Kyocera and SunPower. – Press Releases
Zacks Market Commentaries (June 16th, 2009) Writes:
Chicago, IL - June 16, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Marriott (MAR), Starwood (HOT), National Semiconductor (NSM), Kyocera (KYO) and SunPower (STP).
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Here are highlights from Monday's Analyst Blog:
Extended Stay Hotels Bankrupt
The current owners of Extended Stay Hotels (private) acquired the chain in June of 2007, near the peak of the market for hotel assets, for $8 billion. The deal was highly leveraged, reportedly consisting of $7 billion in debt and only $1 billion in cash. With
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