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THQ News

News on THQ (Ticker: THQI) continually updated from thousands of sources around the net.

Friday Feb 10 | Information Technology

BUYINS.NET: DXCM, AXS, PFSW, THQI, MRCY, KVHI Are Seasonally Ripe To Go Down In the Next Five Weeks

BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of DEXCOM INC , AXIS CAPITAL HOLDINGS LTD , PFSWEB INC , THQ Inc , MERCURY COMPUTER SYSTEMS INC , KVH INDUSTRIES INC and each have a high seasonal probability to go Down in the next weeks.

Comment?

Related Topix: Insurance, Axis Capital Holdings, DexCom, Healthcare Industry, Transportation, Logistics, PFSweb, Software, Video Games, Mercury Computer Systems, Computers, Cable & Satellite, Telecom, KVH Industries

Tue Feb 07, 2012

Gamasutra

D3Publisher takes over from THQ for DreamWorks tie-ins

D3Publisher has signed an agreement with DreamWorks Animation to develop games based on the movie studio's next three feature films: Madagascar 3, Rise of the Guardians, and The Croods.

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Related Topix: Saints Row, Video Games, Warhammer 40,000, Relic, THQ, D3Publisher, Ben, Monkey Bar Games, Software, Madagascar

Sat Feb 04, 2012

Kotaku

This Week in the Business: 'Xbox 720, PS4 Must Show a Dramatic Leap in Quality'

"Xbox 720, PS4 must show a dramatic leap in quality." - Epic CEO Tim Sweeney discussing what he expects from the Xbox 720 and the PS4 in terms of graphics capability .

Comment?

Related Topix: Activision, n-Space, X360, Call of Duty, Video Games, Microsoft Xbox, Nintendo Wii, WII, Software

Cinema Blend News

THQ Loses $56 Million, Further Explains Why They're Going Hardcore

Not long ago THQ sort of foreshadowed their February 2nd conference call for the third-quarter results of 2011 by releasing a press statement saying that they're ditching kids games and going head-deep into the hardcore territory .

Comment?

Related Topix: UFC Undisputed, THQ, Yukie's Osaka, Video Games, Darksiders, Vigil Games, Software, Marketing, WII

Theflyonthewall.com

THQ Inc. financial viablilty in question, says Brean Murray

Brean Murray said THQI's financial viability remains in question following its Q3 results.

Comment?

Related Topix: Video Games, Software

Metro

Homefront 2 and six unannounced games on their way says THQ

Beleaguered US publisher THQ has insisted that it's still got a full slate of new games planned for 2013 and beyond, despite confirming rumours that 240 staff are being made redundant.

Comment?

Related Topix: Darksiders, Vigil Games, Warhammer 40,000, Relic, THQ, Video Games, Homefront, Kaos Studios, Saints Row, Yuke's, UFC, Software

Fri Feb 03, 2012

Cinema Blend News

THQ Sees Huge Opportunity For New IP On PS4, Xbox Trinity

Earlier today we reported on THQ's $56 million dollar loss throughout the third quarter of 2011.

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Related Topix: 4A Games, Metro, THQ, Video Games, Darksiders, Vigil Games, X360, Software, Microsoft Xbox

Wall St. Cheat Sheet

8 Late Radar Stocks: THQ Bounces 7%, Banks Edge Lower and Zynga Maintains Gains

After closing 30 percent lower on Friday, shares of THQ Inc. bounced 7 percent higher in late trading.A The company reported a $55.9 million loss for the third quarter.

Comment?

Related Topix: Startups, Micron Technology, Numonyx, Lexar Media, Financial Markets, Video Games, Software, THQ

Freshnews

THQ Reports Fiscal 2012 Third Quarter Results

The company recently announced its updated business strategy to exit the traditional kids' licensed video game category and focus on its core game franchises and digital initiatives.

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Related Topix: Video Games, Software, President, Marketing, South Park, Other Ocean Inter., Game.

QJ.net

Metro: Last Light Delayed

Looks like you'll have to wait to shoot mutants and Russian Nazis from the future 'til 2013.

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Related Topix: 4A Games, Metro, THQ, Video Games, Software, Marketing

Forbes.com

THQ Q3 Misses; 240 Jobs Cut; Chops CEO Pay; Shrs Fall

The company this afternoon reported non-GAAP revenues for its fiscal third quarter ended December 31 of 404.4 million, short of the Street consensus at $417.6 million, and non-GAAP profits of 35 cents a share, well shy of the Street at 65 cents.

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Related Topix: Video Games, Software, Wireless

IGN

THQ: Next-Gen Consoles are 'Tremendous Opportunity'

During an earnings call today, THQ CEO Brian Farrell commented on the upcoming cycle of next-generation consoles.

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Related Topix: Video Games, Software, WII

Thu Feb 02, 2012

Los Angeles Business Journal Online

THQ's Quarter Disappoints, Reorganization Planned

Shares of THQ Inc. dropped 25 percent in after-hours trading on Thursday after the video game maker reported a larger-than-expected quarterly loss.

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Related Topix: Video Games, Software, THQ

Gamasutra

THQ can no longer afford to bring Dark Millennium MMO to market by itself

Newsbrief: Alongside THQ's weak earnings report for its fiscal third quarter, the publisher revealed that it has decided to take a new, more cautious approach with its upcoming Warhammer 40,000-based MMO, Dark Millenium Online .

Comment?

Related Topix: Warhammer 40,000, Relic, THQ, Video Games, Darksiders, Vigil Games, Software

The Washington Post

Acme Packet, Intermec, Sunoco, THQ, Trimble: U.S. Equity Preview

Shares of the following companies may have unusual moves in U.S. trading tomorrow.

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Related Topix: Energy, Oil & Gas, Sunoco, Startups, Infonet Services, Telecom, Trimble Navigation, Acme Packet, IT Services, Video Games, Software, Sunoco Logistics Partners LP

Wall St. Cheat Sheet

THQ Inc. Earnings: Loss Widens, Falls Below Estimates

THQ Inc. reported its results for the third quarter. THQ is a worldwide developer and publisher of interactive entertainment software for all popular game systems.

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Related Topix: Video Games, Software, THQ

Joystiq

THQ no longer manufacturing uDraw hardware

THQ will no longer manufacture uDraw hardware, according to its fiscal 2012 third quarter financial report .

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Related Topix: uDraw Studio, THQ, Video Games, Saints Row, Software, Family, Kids, The, Hydravision, Deep Silver, Nintendo Wii

USA Today

THQ to lay off 240 employees, cut CEO's pay

Publisher THQ will lay off 240 employees as part of a restructuring plan taking effect in March, according to a filing with the Securities and Exchange Commission .

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Related Topix: Saints Row, Video Games, Software

Gamasutra

Analysis: What's next for THQ?

The cloud hovering over THQ's corporate head got a lot darker Wednesday - and the long-term forecast is pretty uncertain.

Comment?

Related Topix: Homefront, Darksiders, Vigil Games, THQ, Kaos Studios, Saints Row, Video Games, Software

Business Journal

THQ to cut 240 jobs, CEO takes pay cut

Most of the layoffs will be implemented by the end of March, with the remainder completed by Sept.

Comment?

Related Topix: Video Games, THQ, Software, Securities and Exchange Commission, Corporate / Securities Law, Law

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