Stocks in Motion: THQ

Janus Capital(JNS Quote) fell after it disclosed that a client intends to withdraw $5 billion from its funds, or about 3.7% of the company's total assets under management. The mutual fund company did not provide the name of the client but did say that the withdrawal would take place by the end of the year. Separately, Janus announced that executive vice president Lars Soderberg resigned from the company, effective July 21. Soderberg had been on leave since April. Janus will pay Soderberg $1.5 million as part of a separation agreement. Shares of Janus Capital traded down 63 cents, or 4.5%, to $13.26.

Shares of Multimedia Games(MGAM Quote) fell after the company reported weaker-than-expected third-quarter results and warned that fourth-quarter results would fall well below expectations. The casino-game maker earned 32 cents a share during the third quarter on sales of $123.5 million. Analysts had expected earnings of 34 cents a share on sales of $142.3 million. Looking ahead, Multimedia Games expects to earn 37 cents to 42 cents a share during the fourth quarter. Analysts had expected it to earn 43 cents a share. For the full year, the company expects to earn $1.20 to $1.25 a share, below analysts' expectations. Shares of Multimedia Games traded down $5.63, or 22.9%, to $18.91.

NYSE volume leaders included Lucent(LU Quote), down 6 cents to $3.05; Nortel Networks(NT Quote), down 7 cents to $3.66; Foot Locker(FL Quote), up $1.14 to $22.50; Pfizer(PFE Quote), up 3 cents to $31.96; General Electric(GE Quote), up 4 cents to $33.25.

Nasdaq volume leaders included Intel(INTC Quote), up 14 cents to $24.38; Conexant Systems(CNXT Quote), down 30 cents to $1.59; Microsoft (MSFT Quote), up 1 cent to $28.49; Cisco(CSCO Quote), up 12 cents to $20.92; and JDS Uniphase(JDSU Quote), up 1 cent to $3.45.