Oxford Industries (NYSE:OXM) announced quarterly earnings of 27 cents per share, or 32 cents on an adjusted basis. That compares to earnings of 31 cents in the same quarter last year. Looking ahead, Oxford boosted its guidance for the full year to a range of a dollar 20 to a dollar 25 per share. That's up from prior guidance for earnings per share of between 90 cents and a dollar and 5 cents. Sun Trust (NASDAQ:STI) upgraded the stock from neutral to buy, setting a 27 dollar price target. On Thursday, Oxford shares gained 14 and a half percent.
Hansen Medical (HNSN) shares got a boost from an upgrade at Brean Murray from hold to buy, sending shares nearly 17% higher in Thursday trading. The firm said Hansen's costs should be lower looking ahead, and future capital raises may not be needed until late in 2010.
And shares of Gildan Activewear (NYSE:GIL) advanced nearly 10%, after reporting a quarterly profit of 35 cents per share, up from 18 cents in the same quarter last year. Net sales were lower by 7% year over year, but the company did improve its market share and outperformed the industry according to data from ACNielsen.
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