What to Watch: August 1, 2012

From Fnno.com, this is the Financial News Network, your source for the latest business news. Here’s a few things to watch for in the financial world today August 1.Comcast Corporation (NASDAQ:CMCSA) beat analyst estimates on its second quarter results. The media conglomerate posted a 32% increase in profit, with an EPS of $0.50 on revenue of $15.2 billion. The positive results were due to a boost in subscriber growth and a decrease in video customer losses.Harley Davidson (NYSE:HOG) also showed signs of continuing growth in the second quarter. The motorcycle maker posted an EPS of $1.07 on revenue of $1.73 billion, a 29.7% increase from a year ago. Analysts were expecting earnings to come in at $1.05 a share. Increased sales in Latin America led to the positive results but the company says it sees a lower amount of shipments in the third quarter.Finally, another sign the video game industry is still in a downward trend. Take Two Interactive (NASDAQ:TTWO) reported a net loss of $110.8 million in the second quarter. And, excluding some items, the loss in earnings came out to $1.16 per share, almost double the analyst estimate of $0.66. The biggest factor to the negative results was the company’s sales, which fell 32% from a year ago. Those were a few things to watch out for here on the Financial News Network. For more coverage and analysis of the business world follow us on twitter @FNNOnline or check out our website at fnno.com. I’m Chuck Pierce.