DirecTV (NASDAQ:DTV): Shares are off somewhat after the company announced second-quarter earnings per share of $1.18, missing by 16 cents, and revenues of $7.7 billion, also missing the mark by $0.07 billion. The company repurchased $2 billion worth of stock in the the first half of the year, and subscribers have reached 37 million. Though macroeconomic and operational challenges in Latin America (Brazil, noticeably) hindered earnings and dented profits, they were partially offset by strong performance from the U.S.’s long-term strategic imperatives.
Netflix Inc. (NASDAQ:NFLX): Netflix added new features to its streaming services that will allow users to connect directly to their Facebook accounts and receive personal recommendations from friends. The feature will also allow families or groups sharing an account to have separate profiles and movie queues, and can support up to five individuals. Each member will also have an individual Instant Queue of saved programs to watch, as well as social suggestions based on what Facebook friends have watched and rated recently, USA Today reports.
Time Warner Cable (NYSE:TWC): Second-quarter EPS of $1.69 beat estimates by 3 cents, though revenue fell shy by $0.03 billion at $5.55 billion. The company saw broad growth in all areas of business services revenue, with residential high-speed data revenue rising 12.5 percent to $1.424 billion as revenue per customer improved 1.2 percent to $105.21. Time Warner’s share repurchase authorization has also been increased to $4 billion.