Kenneth Cole Productions (NYSE: KCP) Up For Grabs As Shares Are Jumping
{image}
Kenneth Cole Productions (NYSE: KCP) Up For Grabs As Shares Are Jumping
Why Submit Articles?
Top Authors
Top Articles
FAQ
AB Answers
Publish Article
if(ie_version Hello Guest
Login
Login via
Register
Hello
My Home
Sign Out
Email
Remember me?
Lost ?
Home Page > Finance > Day Trading > Kenneth Cole Productions (NYSE: KCP) Up For Grabs As Shares Are Jumping
Kenneth Cole Productions (NYSE: KCP) Up For Grabs As Shares Are Jumping
Edit Article |
Posted: Sep 20, 2010 |Comments: 0
|
Share
]]>
Syndicate this Article
Copy to clipboard
Kenneth Cole Productions (NYSE: KCP) Up For Grabs As Shares Are Jumping
By: Ronald Russo
About the Author
WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies.
(ArticlesBase SC #3303642)
Article Source: http://www.articlesbase.com/ – Kenneth Cole Productions (NYSE: KCP) Up For Grabs As Shares Are Jumping
Shares of Kenneth Cole have rallied with news of talks of a takeover by Iconix Brand Group Inc., a company owned by Neil Cole, the brother of designer Kenneth Cole, the brains behind Kenneth Cole Productions.
As the owners of brands such as Candie’s and London Fog, Iconoix licenses its recognizable branda to retailers and manufacturers all over the world.
“Iconix has a long-standing history of purchasing well- known consumer brands and making them stronger than they were prior to their purchase,” said Steven Marotta, an analyst at CL King & Associates in Albany, New York.
The New York Stock exchange listed Kenneth Cole as one of the top ten volume gainers at the close of trading Friday. Kenneth Cole had an 840.3% increase in trading volume over its 65-day average volume. Approximately 801,900 shares exchanged hands as the shares jumped .13 a share, or 14.7% to trade at .59.
Kenneth Cole has done pretty well according to the market analysts since the company released earnings results last month. Shares have gained 8.08% since August, currently trading above its 20 day, 50 day, and 200 day moving averages.
Kenneth Cole is a leader in the footwear, apparel, handbags and accessories business, which products featured in major retail locations throughout the country. The product lines include Kenneth Cole New York, Kenneth Cole Reaction, Unlisted, Le Tigre and Gentle Souls, distributed among 5k large departmental stores and discount chains, boutiques stores, and their own retail stores.
It is worthwhile to note that the good performance of Kenneth Cole can also be attributed to the fact that the retail textile and footwear industry has been holding steady throughout the recessions. Kenneth Cole, considering the recent performance of the shares, seems to be leading the small-cap pack. Kenneth Cole has outperformed most competitors in the textile, apparel, foot wear and accessories industry in terms of sales and unit volumes.
Some of the major players and competitors in the industry, with iconic names like Nike and Weyco Group, also reported substantial profits this past quarter, although the 8% growth demonstrated by Kenneth Cole beats the industry average of 6.62%.
The fact that the major players in this industry are doing well could be an indication for continued strength for stockholders of Kenneth Cole.
Today, shares of Kenneth Cole Productions are trading up $ .66, or about 4% at .20 a share, a new high for the year one twice the average trading volume.
For more information visit
http://www.worldmarketmedia.com/779/section.aspx/2404/post/kenneth-cole-productions-nyse-kcp-up-for-grabs-as-shares-are-jumping
Retrieved from “http://www.articlesbase.com/day-trading-articles/kenneth-cole-productions-nyse-kcp-up-for-grabs-as-shares-are-jumping-3303642.html”
(ArticlesBase SC #3303642)
Ronald Russo -
WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies.
]]>
Rate this Article
1
2
3
4
5
vote(s)
0 vote(s)
Feedback
RSS
Print
Email
Re-Publish
Source: http://www.articlesbase.com/day-trading-articles/kenneth-cole-productions-nyse-kcp-up-for-grabs-as-shares-are-jumping-3303642.html
Article Tags:
kenneth cole, iconix, shares, Apparel Stores, consumer goods, KCP, NYSE, WMM MicroCap Index, World Market Media
Related Videos
Latest Day Trading Articles
More from Ronald Russo
Kenneth Cole Fashion Designer Profile
Learn about the life, success and style of American fashion designer Kenneth Cole. (05:00)
Beautiful Stranger with Andre at Summerstage
Beautiful Stranger.tv spots and tracks down Andre, who works in the Lord & Taylor buying office, at SummerStage in Central Park. Wearing his fave metallic Vans, and a Kenneth Cole watch from dad. (03:16)
Beautiful Stranger with Ryan
Beautiful Stranger.TV checks out the scene at Lucky Magazine’s Lucky Shops event and finds Ryan, an employee of Levi’s, toiling away behind the Denim Bar. (01:13)
Cheryl Cole Dumps Ashley
Cheryl Cole has split from her footballer husband Ashley Cole. (01:03)
Cheryl Cole Leaves London
Cheryl Cole spotted leaving London amidst rumours the singer is planning on meeting with estranged husband Ashley in France. (01:01)
Updating the Momentum Indicator in the Age of Technology
With the advancement in technology, it’s now time to change the classic momentum indicator to measure changes in buying and selling volume, not just changes in price. Simply put, a momentum indicator identifies when a market is ready to turn. But why do markets turn? Well, knowing this answer is the essence of speculating.
By:
Barry Taylorl
Finance>
Day Tradingl
Dec 06, 2010
Different types of Moving average and its uses
When one looks at the price action of the market, it is very difficult to establish its trend because of the jagged pattern of the price during a week or month.
By:
devangl
Finance>
Day Tradingl
Dec 06, 2010
Option Trading Advice for the Serious Trader
Those looking for option trading advice are usually either fairly new to the options market, or are experienced traders having some difficulty with their current trades and are hoping for an answer. So what is the best option trading advice for beginners?
By:
Owen Trimballl
Finance>
Day Tradingl
Dec 05, 2010
OTC Penny Stocks With Positive Technical Indicators For Monday SAEI, GPXM, IMSC, CBAI, ENTI
OTC Small-Cap Penny Stocks showing potential momentum, volume accumulation for the coming week include: PRMO, ACTC, TLAN, GOIG, LGDI, SAEI, GPXM, IMSC, CBAI, and ENTI
By:
Dana Salvol
Finance>
Day Tradingl
Dec 04, 2010
Forex Spot Trading versus Spread Betting
There is a recurring question amongst UK traders about whether they should trade spot forex or whether they should go with spread betting. I’m of the opinion that for most traders based in the United Kingdom, spread betting is the logical choice due to the tax free advantage and the ability to bet on diverse markets like indices, equities, commodities, precious metals..etc
By:
John Hallowayl
Finance>
Day Tradingl
Dec 04, 2010
Review of PaddyPower Financial Spread Betting
In this article I’m going to review PaddyPower’s financial spread betting offering which I believe to be part of the London Capital Group’s spread betting network – although they use own front-end. Both groups presumably offer the same products / spreads but I trust that Irish people prefer to go with PaddyPower.
By:
John Hallowayl
Finance>
Day Tradingl
Dec 04, 2010
Spread Betting Comparison: IG Index versus ETX Capital
IG Index were the first spread betting provider to launch many years ago. They still lead by market share and have the best trading platform – overall and also offer PDA, mobile and iPhone dealing. The real question is why choose ETX Capital? Perhaps because they have better spreads on some markets?
By:
John Hallowayl
Finance>
Day Tradingl
Dec 04, 2010
Intraday Trading-Way to Earn Daily Profits
Intraday trading refers to a position that is opened and closed within the same day.It refers to the practice of buying and selling financial instruments swithin the same trading day such that all positions will usually but not always be closed before the market close of the trading day.Some of the more commonly- day traded financial instruments are stocks, stock options, currencies and future contracts such as equity index futures, interest rate futures, and commodity futures.
By:
Internet Medial
Finance>
Day Tradingl
Dec 04, 2010
5 Things To Know Before Trading
Stocks were mixed in Asian trade. The Nikkei, Australia and Hang Seng were all fractionally higher while Shanghai fell a quarter percent. European indexes are generally higher on the session with the Footsie higher by more than one percent and the Dax currently up by about three quarters of a percent. US stock futures are up more than a half percent.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Fed Policy: The Path to QE2
The post meeting statement from the August FOMC meeting notified the market that the Fed would be “reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities.”
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Taxmaster (OTCBB: TAXS): Warrior Slayer of Tax Problems
I know you’ve seen this commercial…he has cherub red cheeks, hair, beard and moustache and looks like the Grizzly Adams, Warrior Slayer of IRS tax problems. TaxMasters Inc (OTCBB: TAXS) . God Bless you Patrick!!
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
China Chuangji Cement (OTCBB: CSGJ) Finishes New Facility +16%
China Shuangji Cement has announced today they have completed the installation of their new Zhaoyuan City cement production facility in China, the world’s fastest growing industrial country.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Just How Versatile Is GPS?
Just how many different ways is GPS tracking technology used these days and will this technology soon become ubiquitous?
By:
Ronald Russol
Finance>
Day Tradingl
Nov 02, 2010
Are Prop 19 Polls Telling the Whole Story?
@import url(/common_scripts/css/styles.css);@import url(/templates/wmmcapital/css/styles.css); @import url(/common_scripts/css/styles.css);@import url(/templates/wmmcapital/css/styles.css);
By:
Ronald Russol
Advertising>
Brandingl
Nov 02, 2010
What’s Next for ‘The Next Generation of Plastic’?
Plant-based packaging, designed to serve the same function as traditional plastics is being celebrated as a means of substituting petroleum as the central ingredient in creating plastic. Since their debut at the U.N. Copenhagen Climate Conference in 2009, an excess of 2.5 billion of these plant infused bottles have been and continue to be circulated world-wide.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 01, 2010
Proposition 19 Makes Closing Argument
Former Clinton/Gore spokesman Chris Lehane and California Democratic strategist Dan Newman, the advisors of Proposition 19, circulated a memo yesterday evening, presenting their closing arguments for the bill they have helped lead to the ballot.
By:
Ronald Russol
Finance>
Day Tradingl
Nov 01, 2010
Add new Comment
Your Name: *
Your Email:
Comment Body: *
Verification code:*
* Required fields
Submit
Your Articles Here
It’s Free and easy
Sign Up Today
Author Navigation
My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder
My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box
Ronald Russo has 366 articles online
Contact Author
Subscribe to RSS
Print article
Send to friend
Re-Publish article
Articles Categories
All Categories
Advertising
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing
Finance
Accounting
Banking
Credit
Currency Trading
Day Trading
Debt Consolidation
Insurance
Investing
Loans
Mortgage
Personal Finance
Real Estate
Taxes
Wealth Building
]]>
Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog
Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map
Webmasters
RSS Builder
RSS
Link to Us
Business Info
Advertising
Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2010 Free Articles by ArticlesBase.com, All rights reserved.