FURTHER FURTHER READING
- Wall St lives down to low expectations.
- JPMorgan still isn't sure what it bought in 2008.
- Something Wicksell this way comes.
- Abenomics one year on.
- Lew Ranieri on how lending standards have tightened too much since the crisis.
FT EVENING ROUND-UP
Apple beats earnings and revenue forecasts: "Apple beat earnings and revenue forecasts with its first results since its new iPhones went on sale, selling 33.8m smartphones in the three months to September. The California-based technology group posted a 5 per cent year-on-year decline in earnings to $8.26 per diluted share in its fiscal fourth quarter, against consensus forecasts at $7.93 per share. Revenues were up 4 per cent to $37.5bn with net income at $7.5bn." (Financial Times)
Iran tries to lure back western oil groups: "Iran plans to convince international companies to invest in its oilfields by offering them more lucrative contracts as part of efforts to repair its battered economy and improve the Islamic Republic's relations with the western world." (Financial Times)
Thailand poised for $15bn of debt sales: "Thailand plans to tap the capital markets for as much as $15bn in its biggest international round of debt sales for a decade. The issuance will mark an important test of investor appetite for emerging Asian economies, which are seen by many as vulnerable to a gradual tapering of the US Federal Reserve's emergency asset-buying programme." (Financial Times)
