The Traderszone Network

NEW YORK (IFR/Reuters) – A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps. The class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs, Bank of America Merrill Lynch, JPMorgan Chase, Citigroup, Credit Suisse, Barclays, BNP Paribas, UBS, Deutsche Bank, and the Royal Bank of Scotland of colluding to prevent the trading of interest rate swaps on electronic exchanges, like the ones on which stocks are traded.

HP Inc’s revenue from both its printer and PC businesses fell 14 percent each in the fourth quarter, their worst performance in the year ended Oct. 31, and forecast current-quarter profit below market expectations. HP Inc Chief Executive Dion Weisler called the printing business a “much greater challenge” than the PC business. The company has been cutting printer prices to tackle stiff competition, particularly from Japanese printer makers Canon and Epson.

Daily fantasy sports companies DraftKings and FanDuel urged a New York judge on Wednesday to spare them from a potentially crippling shutdown in one of their top markets by ruling that their contests do not constitute illegal gambling. “Chance pervades fantasy sports,” McGee said. The hearing in New York Supreme Court came after the state’s attorney general, Eric Schneiderman, went to court last week seeking to halt DraftKings and FanDuel from offering the highly popular online games in New York, which has more daily fantasy sports players than any other state, according to Eilers Research.

When you look past the eye-popping discounts, you may decide not to celebrate this retail holiday.

From the Australian Bureau of Statistics, Private New Capital Expenditure and Expected Expenditure
For the September 2015 quarter, in at -9.2%
– -2.9% q/q
– prior -4.0%
Dreadful headline result, much worse than expected

These stocks posted solid gains going into the Thanksgiving holiday. Find out why.

Indexes moved sideways as these two individual stocks saw heavy trading volume.