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Analysts: THQ Geared For Strong FY09 Despite 'Painful Steps' 50°
382w ago - Following yesterday's announcement that THQ has ceased production on its Juiced and Stuntman franchises and closed its Concrete Games studio, analysts from Wedbush Morgan, Lazard, and Stern Agee have all remained upbeat on the publisher's future, despite a sharp fall of the company's stock.

"While this is a painful step," said Wedbush Morgan's Michael Pachter, "we think it positions THQ to grow earnings dramatically in FY:09, unburdened...

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Analyst unimpressed by Stuntman's start 50°
402w ago - After posting a less-than-expected second-quarter net loss of $9.3 million last month, THQ reaffirmed its fiscal year 2008 guidance of $1.12 billion to $1.15 billion in net sales. THQ president and CEO Brian J. Farrell told analysts that forecast hinged largely upon the projected platinum status of five internally developed multiplatform games: Frontlines: Fuel of War, MX vs. ATV Untamed, Juiced 2: Hot Import Nights, the latest Destroy All Humans!,...

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