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KENNETH COLE SEES SHARES INTEREST

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Kenneth Cole shares have jumped
Kenneth Cole shares have jumped

Kenneth Cole could be the target of keen investors, who see the group as an interesting company to tie their assets into

Kenneth Cole goods such as clothing and watches could be impressing stock market investors, as it emerged that the organisation is seeing major sales of shares in the current climate.

SmarTrend Market Surveillance statistics announced via COMTEX showed that Kenneth Cole Productions was one of the best-performing stocks for a period of February which saw it rise by 13.7 per cent to $11.92 (£7.87).

The research argued that Kenneth Cole Productions is largely defying SmarTrend's Textile-Apparel Footwear & Accessories industry coverage, which it has labelled as currently in a downtrend. The organisation continued to monitor other stocks on the move within the industry.

It follows news that in early February, Kenneth Cole Productions explained that a stronger-than-expected holiday season would boost its results for the fourth quarter of 2009.

The organisation noted that preliminary earnings were anticipated to be adjusted to 21 cents per share for the quarter, despite previous guesses of four to eight cents per share.



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