THQ News

Cost cutting helped THQ Inc. report a smaller than expected loss in its third quarter as the video game industry continues to face strong economic headwinds.

THQ net sales were down 39 per cent in the second quarter of fiscal 2010 to USD 100.4 million, compared to USD 151.6 million last year.

THQ has announced its financial results for the three months ended September 30, 2009, showing a drop in sales but also reduced losses.

THQ has expressed a focus on up-and-coming online platforms and markets, with CEO Brian Farrell telling investors of the company's strategy to release existing, owned IPs into these new marketplaces.

Better-than-expected quarterly results and upbeat comments drew investors to push shares of Cisco Systems Inc.

Video game maker THQ Inc. said it lost less in the third quarter than it did a year earlier even as sales fell because it lowered its operating costs, sending its shares higher in aftermarket trading.

THQ Inc. on Wednesday reported a fiscal second-quarter loss of $5.6 million, or 8 cents a share, on revenue of $101.3 million, compared with a loss of $115.3 million, or $1.73 a share, on $151.6 million in sales in the same period a year ago.

An interesting blurb in the New York Times on one of the sectors still exhibiting relatively decent performance in the U.S. - video games.

THQ is facing a tricky pre-Christmas period on the stock markets as the company's share price dropped by a further 6.5 per cent in trading yesterday, bringing the total to almost 12 per cent since last week's WWE/Jakks Pacific announcement and over 26 per cent since September 23.

The extension lasts until December 21, 2009 -- the original deadline was November 1. If signed, the agreement would be good through December 31, 2014.

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Game creates a virtual playground with nearly 100 exotic animals, a unique animal creator tool and educational facts provided by national geographic.

THQ Inc. today announced Metro 2033, a new first person shooter for Xbox 360 and PC based on the best-selling Russian novel of the same name by Dmitry Glukhovsky.

THQ Inc. today announced the highly anticipated action adventure title DarksidersTM, from internal studio Vigil Games, is scheduled to launch in North America on January 5th, 2010 for the Xbox 360 video game and entertainment system from Microsoft and the PLAYSTATION 3 computer entertainment system.

Agoura Hills-based game developer THQ has launched another video game today based on Disney/Pixar's Cars movie, Cars Race-O-Rama. The firm said the videogame, for the Wii, Nintendo DS, Xbox 360, PlayStation 3, PlayStation 2, and PSP, is its third installment of video games based on the Cars movie.

BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed before their last 12 quarterly, 6 quarterly and October/November earnings reports.

THQ Inc. today announced that The Biggest Loser interactive health and fitness video game is now available at retail outlets throughout North America exclusively for Wiia and Nintendo DSia /Nintendo DSa .

Our analysts have issued free ratings reports on the following six companies: Nasdaq OMX Group Inc.

Lost in the buzz about bigger rival Electronic Arts Inc. potentially being taken over by Microsoft Corp.

More than 20 Marvel Super Heroes and Super Villains to be featured in THQ's upcoming adventure-brawler game.