Playstation news moves THQ stock.Earlier this month, Sony SONY Standard Oil of New York (common, but untrue; it's an urban legend) Corp. announced its new release date for its Playstation A video game console from Sony that was introduced in the U.S. in 1995. CD-ROM based and using a 32-bit MIPS CPU, the original PlayStation was the first of a family of desktop and handheld units. 3. News that it will hit the shelves in November, probably making it available for the holiday season, sent shares of independent video game makers, including Agoura Hills-based THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc. higher. For THQ, the news came at the same time as an analyst's upgrade, lifting its stock price about 5 percent. Prior to Sony's announcement, investors were worried that since products from Japan often take a few months to hit U.S. retailers' shelves, the Playstation 3 might not have been available until 2007. Sony said, however, that it is planning a worldwide debut in Japan and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Based on the news, American Technology Research analyst Paul-Jon McNealy gave both THQ and Activision "buy" ratings, saying the news on the Playstation 3 shipping will move both stocks more than anything else over the next nine months. The following day. THQ announced that it has purchased Austin-based Vigil Games Vigil Games is an Austin, Texas based game development company owned by THQ. It was formed by comic artist Joe Madureira and David Adams. They are currently developing the Warhammer 40,000 MMO and Darksider: Wrath of War for next-gen systems. , which is currently working on content for a scheduled 2008 release. "The team at Vigil vigil (vĭj`əl) [Lat.,=watch], in Christian calendars, eve of a feast, a day of penitential preparation. In ancient times worshipers gathered for vespers before a great feast and then waited outside the church until dawn for the liturgy (Mass). is comprised of some of the most talented designers, artists and technologists in the industry," said Jack Sorensen, executive vice president of worldwide studios at THQ. Vigil's new product, which will be compatible with next generation video game systems, will likely be announced next year. Staff reporter Jonathan D. Colburn can be reached at (818) 316-3124 or by email at jdcolburn@sfvbj.com. |
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