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Stocks Breaking Down: Shares Of Apple Inc. (AAPL) Trade Down, Here’s Why



Apple Inc. (AAPL), a Consumer Electronics organization, was a bullish stock in the prior trading session. Apple Inc. (AAPL) shares opened at $284.69 and closed the day at $282.80 with declining move of -1.36%. This decrease move lagged the Dow’s +2.99% gain for the prior trading session.

Apple Inc. (AAPL) is focused on the Consumer Electronics sector. This stock market sector has seen some volatility from day traders in recent days. Bullish day traders of Apple Inc. (AAPL) will be looking for positive upcoming earnings whereas bearish day traders of Apple Inc. (AAPL) will be looking for negative earnings. The last time Apple Inc. (AAPL) had an earnings surprise was on Qtr Ending 12/19 when they reported $4.99 compared to an estimate of $4.54 which was a difference of $+0.45 resulting in a change of +9.91%. Current earnings estimates are to be released for Current Qtr 03/2020 on Apple Inc. (AAPL) and out of 9 Wall Street estimates the average is saying $2.10. The high estimate is saying $2.53 whereas the low estimate is saying $1.73 and the prior year Apple Inc. (AAPL) announced earnings at $2.46 a growth rate est. (year over year) of -14.63%.

The market performance of Apple Inc. (AAPL) has varied recently. Year to date Apple Inc. (AAPL)’s shares are down -3.69%. Over the past 12 weeks Apple Inc. (AAPL) is down -11.41% and over the last 4 weeks Apple Inc. (AAPL) is up 15.53%. Apple Inc. (AAPL) current income statement shows revenue (ttm) of $267.68B. Gross Profit is $98.39B. This puts the current EBITDA of Apple Inc. (AAPL) at $78.12B.

Wall street day traders might also notice recent changes to stock analyst estimates for Apple Inc. (AAPL). The stock is trading with an RSI (relative strength index) of 55.23 indicating Apple Inc. (AAPL) is neither overbought nor oversold. Technically, AAPL’s short term support levels are around $12.14, $174.19 and $165.30 on the downside. AAPLs short term resistance levels are $23.72, $23.12 and $22.49 on the upside. The market cap of Apple Inc. (AAPL) is $1.237T and institutions hold 61.69% of the stock. The outstanding share count stands at 4.42B while the short float (shares short) stands at 0.89%.

Research shows that these financial estimate changes look to be directly correlated with short-term shares prices. The day traders can look to capitalize on the basis of ranking. Apple Inc. (AAPL) has short term rating of Bullish (0.25), Intermediate rating of Neutral (0.01) and long-term rating of Neutral (-0.11) giving Apple Inc. (AAPL) an overall rating of Neutral (0.05).

The EPS growth this year on Apple Inc. (AAPL) is decreased -2.60% and is expected to increase 19.86% next year. However, quarterly earnings (EPS) growth year over year on Apple Inc. (AAPL) has increased by 19.30% and quarterly revenue (Sales) growth year over year stands at 8.90%. Gross margin is detected at 37.90% that represents the percent of total sales revenue that the company retains after direct cost of goods sold. Net profit margin (ttm) is 21.50% while return on equity (ttm) is 60.20%.

Recent Developments:

2020-04-15 – Goldman Sachs Says Activated Global Business Continuity Plan, With About 98% Of Global Employees Working Remotely.
2020-04-14 – Apple Releases Mobility Data Trends Tool From Apple Maps To Help Mitigate Covid-19 Spread.
2020-04-13 – IDC Says Traditional PC Shipments Saw Sharp Decline In Q1.
2020-03-25 – Apple Weighs Delaying Launch Of 5G iPhone By Months – Nikkei, Citing Sources.
2020-03-19 – STMicro: agreement signed with unions to cut production on French sites til April 2.

About Company:

Apple’s business primarily runs around its flagship iPhone. However, the Services portfolio that includes revenues from cloud services, App store, Apple Music, AppleCare, Apple Pay, and licensing and other services now became the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod gained significant traction.


What Does Layering Mean in Money Laundering?



layering in money laundering

Many forms of criminal activity generate significant amounts of money. To avoid attracting the attention of law enforcement, criminals must find a way to disguise the source of their ill-gotten funds. That’s the goal of money laundering, which involves criminals engaging in a series of transactions to conceal the criminal origins of their money.

Money laundering involves three stages:

  1. A criminal (or those under their direction) introduces funds earned through criminal activity to the financial system.
  2. A money launderer (or the criminal themselves) engages in a series of transactions to create layers between the illegal source of the cash they control.
  3. The criminal moves laundered money back into the financial system.

The layering process

During the layering stage, the goal is to disconnect the money from the illegal activity that generated it. Generally, the more layers money passes through, the harder it becomes to connect the funds to criminal activity.

The goal of layering is to make the process of tracking money through each layer more difficult to accomplish. Layering can include changing the nature of the assets, i.e. cash, gold, casino chips, real-estate, etc.

Complex layering schemes involve sending the money around the globe using a series of transactions. The more countries the money enters and leaves, the harder it is to uncover the “dirty” source of the money.

Layering and AML

A complex layering scheme makes anti-money laundering (AML) operations challenging. Since they lack jurisdiction overseas, law enforcement must coordinate with their foreign counterparts, which can delay the tracking of the funds while complicating the document trail associated with the funds.

To complicate matters further, criminals often use shell companies, which engage in fraudulent transactions, such as the creation of fake invoices. Once the company receives payment for the fake invoice, those who control the shell company can return the proceeds or send them to another shell company as payment for a subsequent fake invoice.

Layering can involve electronic transactions such as wires and ACHs, paper transactions, and/or manual movement of the funds between countries using covert means. Those laundering the funds may also decide to use non-traditional financial systems, such as Hawala (Middle East), Hundi (India), or Hui Kuan (Hong Kong), which are alternative remittance systems that allow for the movement of money without doing so physically.

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Furniture Stores in Zurich Have Made Online Ordering Available for Customers



Nowadays, online business has taken a place at the top of all kinds of business delivery systems. It has created a new era in the arena of shopping and delivery. The most incredible thing in this regard is that you don’t have to even get to the shop but you can order your desired furniture from your favorite shop. There are some shops which are very famous for their quality as well as services. Therefore they have taken their business to a different level through their online services. The online agencies have also brought a feature where you can buy things from any Furniture store in Zurich and they will deliver your desired furniture after some days. Not only this, there are different offers from the inline stores which you can’t get anywhere if you buy the furniture physically.

In any Furniture store in Zurich, you will get some specifications regarding the furniture while you go there to buy them. Here are some such specifications which make specifications of furniture.

1. Furniture for Living Room

A living room is the gathering place of any house. Here the family members meet with the guests mostly. In most of the houses, the family members also gather there and enjoy their time with each other. This is the entry point of any household and therefore the members try to decorate this room very carefully. You can understand the values of a family from the living room of their house. Any furniture store in Zurich, that in Möbelgeschäft in Zürich in German, therefore, is the best place to buy your kinds of furniture. If you want to decorate this room in a classical style, then you will get those kinds of furniture from there. On the other hand, there are neo-classical as well as modern furniture too.

2. Dining Room

The dining room is the heart of the family. Even if a family member is very busy with work, they still will come to this room to eat meals. Therefore you need to decorate this room very minutely. The actual feel to have a good meal is when the furniture and fixtures are properly arranged there. If you are inviting your friends and peers for dinner, then the decoration of the room should definitely reflect a good aura to them so that they can enjoy their food.

3. Furniture for Bedroom

A bedroom is a place of peace for everyone. Whatever you are going through throughout the day, the bedroom will help you to forget everything once you get there. You should also select the room furniture very carefully since you have to get there at the end of the day. A Furniture Store in Zurich can supply you with every kind of furniture that you require in your bedroom. Beds, cupboards, dressing tables and other furniture are available there at the most reasonable prices. You won’t have to search much for your desired furniture there and you can get the most useful one for your bedroom.

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“Volks-Sparkasse”: Joint branches in response to savings pressure



“Volks-Sparkasse”: Joint branches in response to savings pressure

Details in press conference On Friday, Germany’s second-largest Volksbank confirmed corresponding reports by the magazine “Spiegel” and the “Welt am Sonntag”. Details will be announced by the two banks in a joint press conference next Tuesday (3.9.).

The cooperation is a response to the pressure to save money and could therefore set a precedent nationwide. Because the entire industry strives to create a balancing act between digital offers and presence in the area.

Many customers now do their banking business almost exclusively on their home computer or via an app on their smartphone. The number of branches has been shrinking for years because the dense network costs the institutions a lot of money – and this at a time when financial institutions are already struggling to earn money because of the low-interest rates and at the same time have to spend a lot of money on regulation and new digital services.

50 locations affected According to reports, Frankfurter Volksbank and Taunus Sparkasse will consolidate their presence at 50 locations. The joint branches will be open on four weekdays: Sparkassen customers will be served on two days, Volksbank customers on the other two days.

Customers will be able to see which institution is currently represented by means of different lighting – sometimes red for the Sparkasse, sometimes blue for the Volksbank. Basic services such as cash withdrawals are to be offered to all customers at all times via ATMs.

The two institutes are jointly investing up to five million euros in the redesign of the branches – and in return are saving annual costs in the single-digit millions.

Last year, branch deaths and merger pressure in the German banking market continued under the pressure of the interest rate slump and digitization. According to Bundesbank figures, the number of financial institutions decreased by 40 to 1,783 compared to the previous year. The number of branch offices shrank across the entire German market by 2,239 to 27,887. In 2007, the figure was still around 40,000.

Eva Wunsch-Weber, CEO of Frankfurter Volksbank, had already shown herself open to cooperation when presenting her company’s balance sheet. The cooperative bank also relied on cooperation with savings banks “in order to be accessible to our customers at less frequented locations”, explained Wunsch-Weber in mid-February.

Frankfurter Volksbank has around 1,600 employees and serves more than 600,000 private customers. With a balance sheet total of around EUR 12.1 billion, the bank is Germany’s second-largest Volksbank after Berliner Volksbank.

According to an overview by the German Savings Banks and Giro Association (DSGV), Taunus Sparkasse, with a balance sheet total of more than 5.5 billion euros, is ranked 49th among the last 385 savings banks in Germany. The institute employs a good 800 staff.

Branch network also under scrutiny at other banks Not only Volksbanks and savings banks but also large private banks such as Deutsche Bank and Commerzbank are constantly scrutinizing the branch network. According to a report by “Wirtschaftswoche”, Deutsche Bank is considering closing a larger number of branches of Deutsche Bank and Postbank as part of its announced radical restructuring of the Group. We are talking about 200 branches.

A Deutsche Bank spokesman said on Friday on request that the bank was currently reviewing a number of additional measures “to achieve the goals set for the retail bank by 2022 more quickly and to set new impulses for its customers”. Deutsche Bank had reduced the number of its own branches by 188 in recent years to 535, while Postbank currently operates 850 of its own branches.

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