International Business News - THQI http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of video game companies tumbled with the broader market Monday afternoon after the House defeated a $700 billion financial bailout package. The Dow Jones industrial average fell as much as 705 points before regaining some ground. The tech-heavy Nasdaq composite index fell 146.66, or 6.72 percent, to 2,036.68. http://www.ibtimes.com/articles/20080929/sector-snap-video-game-stocks-fall.htm Mon, 29 Sep 2008 15:22:44 EDT Video game publisher THQ Inc. said Tuesday it has formed a joint venture with ICE Entertainment, a Shanghai-based operator of online games. As part of the venture, the companies will launch "Dragonica," a casual online game based on a microtransactions model--providing the game for free and charging small amounts of money for in-game items and other extras that enhance playing. http://www.ibtimes.com/articles/20080916/thq-forms-joint-venture-with-shanghai-game-company.htm Tue, 16 Sep 2008 09:01:52 EDT For the first time in more than two years, data from market researcher NPD group showed that U.S. video game sales growth slowed to the single digits. http://www.ibtimes.com/articles/20080912/ahead-of-the-bell-game-sales-show-deceleration.htm Fri, 12 Sep 2008 09:42:07 EDT Video game publisher THQ Inc. said Tuesday the Connecticut Superior Court dismissed most the World Wrestling Entertainment's claims against it. The claims, brought against the company's joint venture with toy manufacturer Jakks Pacific Inc., alleged that the videogame license between WWE and the joint venture was void or could be voided based upon Jakks's alleged bribery of the wrestling group's licensing agent Stanley Shenker and employee James Bell. http://www.ibtimes.com/articles/20080902/thq-joint-venture-cleared-of-most-claims-by-wwe.htm Tue, 02 Sep 2008 08:07:58 EDT Analysts expect Thursday's video game sales report from market researcher NPD Group to show solid growth in July--a typically slow month for the sector--driven by titles like Electronic Arts Inc.'s "NCAA Football 09" and Konami's "Metal Gear Solid 4." http://www.ibtimes.com/articles/20080812/sector-snap-video-games.htm Tue, 12 Aug 2008 12:32:25 EDT Among the stock activity stories for Thursday, July 31, from AP Financial News: LOS ANGELES (AP)--Shares in The Walt Disney Co. retreated Thursday after it reported a slowdown in the U.S. advertising market in the current quarter and lackluster box office results in the period that ended in June. http://www.ibtimes.com/articles/20080731/movers-roundup-disney-thq.htm Thu, 31 Jul 2008 14:40:23 EDT Shares of THQ Inc. tumbled to their lowest point since 2004 Thursday after the video game publisher revised its full-year outlook amid weaker-than-expected sales of "WALL-E," the game based on the Disney-Pixar movie, higher development costs and the delay of game releases. http://www.ibtimes.com/articles/20080731/thq-shares-tumble-after-outlook-disappoints.htm Thu, 31 Jul 2008 13:56:15 EDT Video game publisher THQ Inc. said Wednesday it expects to post a net loss of 35 cents to 39 cents per share in the fiscal second quarter ending Sept. 30. http://www.ibtimes.com/articles/20080730/thq-forecasts-loss-in-fiscal-2nd-quarter.htm Wed, 30 Jul 2008 18:10:05 EDT Video game publisher THQ Inc. posted a much wider net loss for its fiscal first quarter even as sales grew, as development and other costs increased as well. http://www.ibtimes.com/articles/20080730/thq-posts-wider-1q-loss-as-costs-grow.htm Wed, 30 Jul 2008 18:02:53 EDT U.S. video game retail sales soared 53 percent in June, fueled by Nintendo Co.'s Wii and handheld DS gaming systems, as well as Konami Corp.'s blockbuster "Metal Gear Solid 4: Guns of the Patriots"--by far the month's best-selling title. http://www.ibtimes.com/articles/20080717/video-game-sales-soar-53-percent-in-june.htm Thu, 17 Jul 2008 19:29:13 EDT A tough little blob must splash color over a town wallowing in gray. Bug-eyed rabbits do a dance routine. And then there's the "perfect equine farm" of wild horses for little girls to tame and train. http://www.ibtimes.com/data/articleimgs/92473-casual-games.jpg http://www.ibtimes.com/articles/20080716/video-game-industry-tries-to-broaden-its-appeal.htm http://www.ibtimes.com/articles/20080716/video-game-industry-tries-to-broaden-its-appeal.htm Wed, 16 Jul 2008 16:24:51 EDT Shares of THQ Inc. jumped Monday after "WALL-E," the Pixar Animation movie featuring a trash compactor robot left toiling on a long-abandoned planet Earth, debuted as the No. 1 movie over the weekend, boding well for the company's video game based on it. http://www.ibtimes.com/articles/20080630/last-call-thq-up-after-wall-e-movie-does-well.htm Mon, 30 Jun 2008 15:46:26 EDT Yahoo, Microsoft and Google took center stage in the tech sector this week, as Yahoo announced an advertising deal with rival Google after revealing that its takeover talks with Microsoft Corp. had ended without a deal. http://www.ibtimes.com/articles/20080613/tech-roundup-yahoo-microsoft-end-talks.htm Fri, 13 Jun 2008 16:45:36 EDT Shares of video game publishers and console manufacturers traded mostly higher Friday, a day after market researcher NPD Group said sales of games, consoles and accessories in May rose 37 percent from the same month last year. http://www.ibtimes.com/articles/20080613/sector-snap-video-game-cos-rise-after-sales-data.htm Fri, 13 Jun 2008 14:48:34 EDT Electronic Arts Inc. led a decline in video game stocks Friday after April's retail sales numbers, though a big jump from a year ago, disappointed investors. http://www.ibtimes.com/articles/20080516/sector-snap-video-game-stocks-fall.htm Fri, 16 May 2008 13:32:48 EDT Video game publisher THQ Inc. and Marvel Entertainment Inc. said Thursday they signed an exclusive licensing deal to make "Marvel Super Hero Squad"-based video games. http://www.ibtimes.com/articles/20080508/thq-marvel-to-team-on-marvel-super-hero-squad-games.htm Thu, 08 May 2008 08:10:50 EDT Among the earnings stories for Tuesday, May 6, from AP Financial News: LOUISVILLE, Ky. (AP) _ Churchill Downs Inc., which operates the home of the Kentucky Derby and other racetracks, said Tuesday it swung to a profit in its first quarter mainly due to a big gain for insurance recoveries. http://www.ibtimes.com/articles/20080506/earnings-roundup-churchill-downs-zymogenetics.htm Tue, 06 May 2008 18:34:27 EDT Video game publisher THQ Inc. said Tuesday it expects to post a net loss in its fiscal first quarter, reflecting a "light product release schedule and the timing of expenses." http://www.ibtimes.com/articles/20080506/thq-projects-wider-1q-loss-than-analysts-expect-shares-fall.htm Tue, 06 May 2008 17:25:27 EDT Led by stellar sales of Nintendo's games and systems, U.S. retail sales of video games jumped 57 percent to $1.7 billion in March, market researcher NPD Group reported Thursday. "You'd never know ... http://www.ibtimes.com/articles/20080417/video-game-sales-soar-57-percent-in-march-led-by-nintendo.htm Thu, 17 Apr 2008 20:29:45 EDT Among the stock activity stories for Tuesday, March 25, from AP Financial News: NEW YORK (AP) _ Shares of THQ Inc. climbed after a Citi Investment Research analyst upgraded the video game publisher, saying it is poised to benefit from continued console price cuts. http://www.ibtimes.com/articles/20080325/movers-roundup-thq-ticc-capital.htm Tue, 25 Mar 2008 18:24:18 EDT