THQ Inc. (Nasdaq: THQI) blamed disappointing sales and a significant goodwill impairment charge for swinging to a third quarter loss of $2.86 per share from income of 23 cents per share last year. The video game publisher also announced plans to cut 600 jobs sending the stock price tumbling 86 cents to $3.28.
THQ Swings To Loss
February 05, 2009 at 13:30 PM EST
