Money

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered as money.
  • Netflix Misses Big on Q2 Subscriber Growth, Stock Drops 11 Percent
    The Wrap

    Netflix Misses Big on Q2 Subscriber Growth, Stock Drops 11 Percent

    Netflix missed its own estimates — as well as Wall Street’s projections — on subscriber growth by 1 million new accounts when the streaming giant reported its second-quarter financial results on Monday afternoon, sending its stock price tumbling more than 10 percent in the process. For the three months ending on June 30, Netflix reported revenue of $3.9 billion and earnings of 85 cents a share —  touching analyst estimates of $3.94 billion in revenue and beating projections of $0.79 per share. The Los Gatos, California-based company increased streaming revenue 43 percent year-over-year. Netflix reported 5.2 million new subscribers — which was well short of its projected 6.2 million new customers.

  • Why Shares of Albemarle Corporation Have Plunged 26% So Far in 2018
    Motley Fool

    Why Shares of Albemarle Corporation Have Plunged 26% So Far in 2018

    Although shareholders were charged up about this lithium production leader in 2017, they appeared drained in the first half of 2018.

  • Shock, alarm as Trump backs Putin on election meddling at summit
    Reuters

    Shock, alarm as Trump backs Putin on election meddling at summit

    By Jeff Mason and Denis Pinchuk HELSINKI (Reuters) - Standing side by side with Vladimir Putin, U.S. President Donald Trump refused on Monday to blame the Russian leader for meddling in the 2016 U.S. election, casting doubt on the findings of his own intelligence agencies and sparking a storm of criticism at home. On a day when he faced pressure from critics, allied countries and even his own staff to take a tough line, Trump spoke not a single disparaging word in public about Moscow on any of the issues that have brought relations between the two powers to the lowest ebb since the Cold War. Instead, he denounced the "stupidity" of his own country's policies, especially the decision to investigate Russian interference in the 2016 election.

  • General Electric Earnings Preview: Here's What to Watch
    Motley Fool

    General Electric Earnings Preview: Here's What to Watch

    The company's earnings probably declined significantly last quarter, but here's how investors can check up on the conglomerate's turnaround progress.

  • The World Cup of Dividend Stocks: 8 of the Most Dependable Dividends
    InvestorPlace

    The World Cup of Dividend Stocks: 8 of the Most Dependable Dividends

    The World Cup began in 1930. After a 12-year break due to World War II, the soccer — oops, fútbol — tournament has been played every four years since 1950. This weekend we watched France beat Croatia 4-2 to win the 2018 World Cup.

  • Why Intelsat S.A. Stock Soared 391.4% in the First Half of 2018
    Motley Fool

    Why Intelsat S.A. Stock Soared 391.4% in the First Half of 2018

    Some favorable signs from the FCC helped send Intelsat stock into the stratosphere.

  • Columbia Banking System Announces Second Quarter 2018 Earnings Release and Conference Call Date
    PR Newswire

    Columbia Banking System Announces Second Quarter 2018 Earnings Release and Conference Call Date

    TACOMA, Wash. , July 16, 2018 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report second quarter 2018 financial results before the market opens on Thursday, ...

  • GrowGeneration Purchases Santa Rosa Hydroponics and Grower Supply Inc.
    PR Newswire

    GrowGeneration Purchases Santa Rosa Hydroponics and Grower Supply Inc.

    6th California Store Creates a Market in Excess of $10 Million in Sonoma County, CA. DENVER, July 16, 2018 /PRNewswire/ - GrowGeneration Corp. (OTCQX: GRWG), GrowGeneration ("GrowGen" or the "Company"), one of the largest specialty retail hydroponic and organic gardening store chain, with 18 locations serving both commercial and home growers, today announced that it has purchased Santa Rosa Hydroponics and Grower Supply (SRH) located in Santa Rosa, CA. SRH will serve as a retail and warehouse location servicing the growing number of commercial cultivators in the Sonoma and Northern California market.

  • ACCESSWIRE

    Breakfast Technical Briefing on American International Group and Three Other Additional Insurance Stocks

    For today, WallStEquities.com observes The Hartford Financial Services Group Inc. (NYSE: HIG), Validus Holdings Ltd (NYSE: VR), American International Group Inc. (NYSE: AIG), and AmTrust Financial Services Inc. (NASDAQ: AFSI). Companies in the Property and Casualty Insurance industry sell property insurance (insurance on homes, cars, and businesses) and casualty insurance (liability insurance).

  • Business Wire

    Bank OZK to Celebrate New Name, Ticker and Logo at Nasdaq Stock Market

    Bank OZK (Nasdaq: OZK), formerly Bank of the Ozarks, today will celebrate the first day of trading under its new name and ticker symbol OZK, marking the occasion by opening the market at Nasdaq. Bank OZK Chairman and Chief Executive Officer George Gleason will be joined by executives from throughout the company to ring the opening bell at the Nasdaq MarketSite in Times Square.

  • PR Newswire

    CME Group Achieves International Average Daily Volume of 4.2 Million Contracts in Q2 2018, Up 13 Percent from Q2 2017

    LONDON and SINGAPORE , July 15, 2018 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it achieved quarterly international (defined as outside ...

  • Seven Stars Cloud Partners with Fundamental Interactions to Build Out Velocity Ledger Network Global Operations - Blockchain-enabled Tokenization, Secondary Trading and Settlement of Illiquid Assets
    PR Newswire

    Seven Stars Cloud Partners with Fundamental Interactions to Build Out Velocity Ledger Network Global Operations - Blockchain-enabled Tokenization, Secondary Trading and Settlement of Illiquid Assets

    NEW YORK, July 11, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (SSC) ("SSC" or the "Company"), a leading global fintech firm focusing on digital asset production and distribution, today announced a long-term relationship and strategic licensing agreement with New York-based Fundamental Interactions, a world class provider of enterprise market center technology. Through this agreement, SSC will leverage core Fundamental Interactions technology and the Velocity Ledger platform to support the tokenization, secondary trading and settlement of new blockchain-based securities.