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New York Markets Close in:

ECONOMIC DATA
U.S. manufacturing growth at 2-year low: ISM
Construction spending highest in seven years

need to know
NYSE invokes Rule 48 before market open
Morgan Stanley cuts S&P 500 price target
GE wins $1 bln of orders in Asia-Pacific region
Man Group's China chief in custody: report

New on the shelves of your local Apple Store: drones

Best time to buy a new car may be just around the corner
U.S. car sales are stronger than expected
10 cities in U.S. with the most horrific traffic

Canada’s economy enters recession — arguably

How China turned minor yuan issue into global rout
Chinese factory data pull Asian shares lower
Beijing bumbling is China’s biggest problem

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Avi Gilburt: There is a lot of bull left in this stock market
There’s a lot of bull left in this stock market

Gold screams summer stock correction not over
Gold screams stock correction not over

Unlucky lottery winner gets IOU from Illinois

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Taleb’s ‘Black Swan’ fund made $1 bln in a week

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man

Ode to that legendary New York steakhouse the Palm

U.S. ready to punish China firms over cyber theft

Teacher with 111 tardies puts blame on breakfast
The automat is back — with a lot more quinoa

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August


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Should You Wait to Buy That New Car?

General Motors reported stronger U.S. sales Thursday. That may cheer investors, but analysts say the news also means car buyers searching good deals might want to wait.

iStockPhoto

GM’s profit in North America rose 23% at $1.7 billion, helped by tight control on inventories. The company expects profitability to remain steady in the second and third quarters as it focuses on a new range of light trucks, luxury Cadillacs, and the new version of its Chevrolet Malibu midsize sedan. But buyers looking for a car should hold off until automakers roll out their new stock, analysts say. The Chevy Traverse, Nissan Altima, GMC Acadia and Buick Enclave will soon be replaced by the 2013 line. “There will be some discounting on older models when those new models arrive,” says Chintan Talati, spokesman for TrueCar.com.

As sales have picked up, automakers scaled back incentives on new cars in recent months in a move to boost their profit margins, analysts say. Incentives fell nearly 5% to an average of $2,446 during April, according to a survey by TrueCar.com, and have dropped by nearly 10% for Ford. “I wouldn’t expect much in the way of incentives,” says Joe Wiesenfelder, senior analyst at Cars.com. He says U.S. carmakers needs to keep profit margins higher here partly due to weakness in Europe. “The days of incredibly amazing deals are probably behind us,” Carroll Lachnit, features editor at Edmunds.com. The one exception may be Japanese automakers, which have kept incentives up. (Tom Henderson, a spokesman for GM says incentives will rise and fall, and says transaction prices don’t take account for the high trade-in prices for used cars.)

It’s also a busy time of year for the auto industry, so there are fewer reasons for dealers to cut prices, experts say. “If you can wait for the fire to be off the market that’s a good idea,” Lachnit says. The average transaction price for light vehicles in the U.S. was $30,303 in April 2012, up 4.2% ($1,219) from April 2011, TrueCar.com says. “Typically more people buy cars as the weather gets nicer,” says Brian Moody, industry analyst at AutoTrader.com. Deals for leases may be more enticing at the moment, he says. GM, for instance, is offering $159 per month leases on a Chevy Cruze, with a $1879 down payment.

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    • By WebOsPublisher

      *** MAY 2010 UPDATE ***Yet another rumor. Snippet: Quote: ICO and Shadow of the Colossus look like they could be coming to PS3 in a reworked
      PlayStation Area – Ico / Shadow of the Colossus re-release for the PS3
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      Shadow of the colossus
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      PlayStation Area
      Ico / Shadow of the Colossus re-release for the PS3
      *** MAY 2010 UPDATE ***
      Yet another rumor. Snippet:
      Quote: ICO and Shadow of the Colossus look like they could be coming to PS3 in a reworked Team ICO HD bundle in Q1 next year. ~~~
      Original post:
      Apparently Fumito Ueda, the designer of two of the most revered PlayStation games Ico and Shadow of Colossus, is really hoping that his games are made available for the PS3. Perhaps a hint that they can get the HD treatment like God of War I & II collection?
      Quote: Speaking to 1Up at the Tokyo Game Show, Ueda answered queries about a possible Team Ico Blu-ray collection thusly:
      “Initially, I didn’t want to consider that. I always thought they were designed for PS2 and should stay there. But lately, I’ve been thinking it would be nice to provide the games to other platforms to reach more users.”
      View complete forum thread
      7 October, 2010 at 19:25
      Related threads
      Who made Shadow of the Colossus for PS2, and why isn’t there a sequel for PS3?
      Shadow of the Colossus gets so much praise around the PS2 community, that frankly, I’m surprised there isn’t so much as a hint of a sequel or even remake for the PS3. Did the company go out of business or did EA buy them out?
      Inquiring minds want to know…Shadow of the Colossus
      In PlayStation Area
      TGS 2008: PS3 news and rumors
      … revealed Quantum Theory, an exclusive 2009 PS3 third-person shooterSpelunker HD, based on … SoftwareHudsonBandai Namco GamesUbisoftRUMORS:From the Official PlayStation Magazine, “super sexy secret [PS3] … Ico (developed Ico and Shadow of the Colossus) may show their first PS3 title. ***Confirmed NOT …
      In PlayStation Area
      PS3 100+ Exclusives
      … TItle] – LINK
      Zipper Interactive PS3 Project – SOCOM 4 [Rumored … LINK
      Zone of the Enders 3 – LINK
      Released Games – 23 Titles (As of May 16, 2007) … Heroes: Rome Rising
      ICO / Shadow of the Colossus
      Infantry
      Intelligent … SOE) or have typically shown up on the PlayStation platform in an exclusive manner. …
      In PlayStation Area
      PS2 Games on PS3 Graphical Issues
      … PS2 games (specially shadow of the colossus) look horrible on my PS3. Now before everyone starts … in the game options and still look bad.
      I had my ps3 Hooked up to my monitor and had the same problem, … in Progressive Scan ON and Widescreen ON
      PS: PS3 is hooked up through HDMI….is this the issue? …
      In PlayStation Area
      E3 2008: Sony platform thread
      … lots of applause and cheers.
      PLAYSTATION 2 HIGHLIGHTS
      - I guess more PS3 news will … boss fights as well. I really like how the monster kept destroying areas of where you were hiding, forcing the player to … (briefly shown in a clip, but may be far away from release)
      Shadow of Colossus/Ico sequel
      Jak …
      In PlayStation Area
      PS Store Update 11.06.09
      … assault on the enemy like never before with Heavy Weapon and the PLAYSTATION 3 computer entertainment system! Launch your mission … acclaimed PS2 adventure – Shadow of the Colossus, get this new costume and dress … Golf Open Tee 2 ($22.99) (also available from PS3 storefront)
      Step out of the clubhouse …
      In PlayStation Area
      E3 2009-Sony(Rumors)
      … the company itself cannot be. I digress. Why don’t you keep on reading and see what the IGN PlayStation Team thinks is going to happen in the not too distant future*
      It’s … year. Holding it for TGS could be possible, but we’re closing in on four years since Shadow of the Colossus hit shelves, so …
      In PlayStation Area
      God of War II reviews are beyond stellar
      … as satisfying as its predecessor, and even eclipses it in some areas.
      “I’d be remiss if I didn’t mention God … Gear Solid 2, and Shadow of the Colossus as PlayStation 2′s most breathtaking game … (unreal) are just a few of the reasons why this is PS2′s best first-party release.
      ps2.gamezone …
      In PlayStation Area
      PS Store Update 08.10.09
      … Grace Chen // Senior Manager, PlayStation Store
      Hi Everyone – It’s time for the weekly … Lee for PULSE presented by the PlayStation Network. This edition features … MB
      Themes
      Dark Elves PS3 Theme ($1.49)
      File size … KB – 360 KB
      Light and Shadows Theme – Light ($0.99) (also available from PS3 storefront …
      In PlayStation Area
      PS2 480i issues
      … bad madcatz cable and the official PS3 cables fixed that bit … problem is similar to how PS2 games looked on the PS3 before the 1.5 update:
      … hardware/?p=190
      boardsus.playstation.com/play…cending&page=1 … in 480p, it looks great! GoW and Shadows of the Colossus look superb at 480p. …
      In PlayStation Area
      The Official Playstation Store Update Thread
      … host christina lee for pulse presented by the playstationВ®network. This edition features the … state of play and the new comedy community, which is available on the playstation store a week before it premieres on … (theme 2)
      hyperdesk deep shadows psp theme ($1.49) (also available from ps3 storefront)

      In PlayStation Area
      Sony’s all set to impress at the Tokyo Game Show
      … games:Its being rumored that Team Ico will be unveiling there newest game … Nova Crystalis games (two are PS3 exclusive)
      Sony announces … that it would release DUALSHOCK 3 Wireless Controller, a new controller for PLAYSTATION 3 (PS3 … 4 GUNS OF THE PATRIOTS
      * Blacksite: Area 51
      * TNA Wrestling
      * Unreal …
      In PlayStation Area
      IGN: Playstation Q&A
      … , IGN got a hold of Koller and put him under the PlayStation spotlight. ps3.ign.com/ … the “imminent” HOME launch and PSP/PS3 integration. Good read.
      Quote: … , stronger tie, between the PS3 and PSP and really strengthening that Remote Play area. We want to make it easier for consumers to be …
      In PlayStation Area
      Please read this before posting.
      Quote: Playstation Area
      This area is for the Playstation systems chat. If you are not an Playstation user, this is NOT the place for you. We expect to NOT SEE attacks made for from people who do not prefer this platform. Please discuss all Playstation software gaming here.
      In PlayStation Area
      Weekly Playstation Store Update 8/3/10
      … Lap – Limited time discount – Early release for PS Plus members only
      Last Chance, Get Them While You Can – Coming down next Tuesday (8/10):
      Games
      Field … File size: 392 KB (1080)
      PlayStation Store for PSP
      Downloadable Games (also available from PS3 Storefront)
      Warriors Of The Lost Empire ($9.99)

      In PlayStation Area
      PlayStation Plus
      … automatically install and the next time you turn on your PS3 you will see a brief on-screen message letting you know what has been downloaded … , DLC, and all of that jazz that’s released month by month is going to show, one way or the other, how much value is actually in PlayStation Plus. I have faith …
      In PlayStation Area
      Anybody like PSN better than PS3?
      … I the only one who likes downloadable games on the PS3 better than the ones on the shelf at the store?
      I spend most of my time playing Fat Princess and now … Fighter. Anybody else prefer games you can pick up and play? That was my favorite part about Shadow of the Colossus.
      Ok I’m done rambling.
      In PlayStation Area
      Heavy Rain aims to be something different
      … people eager to see unique stuff on the PS3.
      Since the tech demo, the developer Quantic … big sets, with a crowd, heavy populated areas like a mall and a subway are going to be in there. Of course, the gameplay has … Heavy Rainв„ў, a PLAYSTATIONВ®3 exclusive from Quantic Dream scheduled for release by …
      In PlayStation Area
      Signs That My 60GB Might Be Dying Soon ?
      … 60GB hard drive with a 300GB hard drive.
      I just really hope my PS3 blu-ray lenses … send it to Sony for $150 to get it fixed and I really don’t like the new PS3 Slim models that are out now. I still need and care … PS2 backwards compatibility since I still play PS2 games like Shadow Of The Colossus.
      In PlayStation Area
      PS Store update – January 21, 2010
      … Cannon Deth Sentence” by Dethklok ($1.99)
      * “Still I Rise” by Shadows Fall ($1.99)
      * “Twilight of the Thunder God” … SmackDown vs. Raw, new video releases, and a taste of PlayStation Network’s new reality series, … Store for PSP
      Downloadable Games (also available from PS3 storefront)
      METAL GEAR SOLID …
      In PlayStation Area
      Official PlayStation 3 Slim Megathread
      … with the release of the new PS3 system, SCE will modify the PS3 brand name from “PLAYSTATION … , and users will not be able to install other Operating Systems to the new PS3 system.
      Along with a vast line-up of attractive … July 2009. Content within PlayStation Store will differ by region, please refer …
      In PlayStation Area
      TenYears: The best console games of the decade
      … franchise?
      Guitar Hero (PS2/PS3/Xbox 360, 2005) … game was everywhere, so clearly it must have done something right. Publishers may have since shot themselves in the foot by releasing 800 versions of the game … Fantasy VII for the PS3,” we say: no! Instead, re-make Shadow of the Colossus for it pushed …
      In PlayStation Area
      Sony has big PS3 plans for 2010
      … Xbox Live.
      Koller: I think just looking at the way the PlayStation Network is expanding is the more mercurial area of your question. It’s … really dictate development. Because of the strong sales we’re seeing right now on the PS3, we’re getting more investments and development from third-parties and …
      In PlayStation Area
      Rock Band 2 A/V PS3 (using HDMI and surround receiver), driving me nuts!
      … where to put this thread but I will start with the Playstation area since I’m having problems with the PS3. Recently I got a new … it doesn’t come close. I’m trying to do it manually but I’m not having much luck. Is anyone having this same issue using the PS3 with a surround receiver? BTW, my TV is …
      In PlayStation Area
      Copyright (c) 2012 Board Digger. All rights reserved. Privacy policy | Copyright notice

    • Funny they say these new rates are great. I have seen these rates before. Excel Bank in Manhattan and Smith Barney used to have a match book’ loan parogrm. Don’t know if they still have it. Deal was and maybe still is. Lets say you want to borrow 500K to buy a home. You deposit 500K in treasuries, triple AA Munis, govt backed agency bonds or certain really blue chip stocks that are marked to market to prevent balance from falling below 500K. In return bank loans you 500K which makes mortgage payment tax deductable. No appraisal or forms needed as bank holds mortgage on books and super safe for bank as deposit if primary collateral house only secondary. Imagine if you did a one million matchbook in January and bought one million munis at 5% tax free vs. Adustable mortgage at 3%. You would be getting 50K tax free muni interest and a 30K mortgage write off.

    • Hey, UNLESS you really truly NEED a new car, we ARE WAITING until some of the truly hot Euro diesels with PERFORMANCE and 50-60 mpg get here. Now, the Rust Bucket of Detroit is TRYING desperately, to get you into something you may NOT want in just 2-3 years – those fabulously quiet, NOT STINKY, Euro Diesels from VW, BMW, Audi and Benz! I read about them two years ago in Britain….imagine getting 50-60 mpg!!! Now, too many scows from Detroit are ONLY matching the mpg my wife’s 2001 Avalon gets!!! What a RIP OFF, but that’s what we learned is the modus operandi of the craporate and union-thugs of Detroit – barf!!!

    • If I buy a new car,it won’t be made by gm or any union labor.

About Real-Time Advice

  • How breaking news — in the markets, Washington, and around the world — affects you and your money. Have a question about how current events may change your financial future? Email us at ask@smartmoney.com.

MarketWatch - Stock Market Quotes, Business News, Financial News

New York Markets Close in:

ECONOMIC DATA
U.S. manufacturing growth at 2-year low: ISM
Construction spending highest in seven years

need to know
NYSE invokes Rule 48 before market open
Morgan Stanley cuts S&P 500 price target
GE wins $1 bln of orders in Asia-Pacific region
Man Group's China chief in custody: report

New on the shelves of your local Apple Store: drones

Best time to buy a new car may be just around the corner
U.S. car sales are stronger than expected
10 cities in U.S. with the most horrific traffic

Canada’s economy enters recession — arguably

How China turned minor yuan issue into global rout
Chinese factory data pull Asian shares lower
Beijing bumbling is China’s biggest problem

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
Apple talks to Hollywood for exclusive content
Apple, Cisco team to put business users on iOS
Apple will let iPhone and iPad users block ads
Lost Apple deal leads to 40% job cut at GT

Avi Gilburt: There is a lot of bull left in this stock market
There’s a lot of bull left in this stock market

Gold screams summer stock correction not over
Gold screams stock correction not over

Unlucky lottery winner gets IOU from Illinois

Yahoo CEO Marissa Mayer
Yahoo CEO Marissa Mayer pregnant with twins

Apttus joins the billion-dollar startup club
Apttus joins the billion-dollar startup club


Trump says Mount McKinley name change ‘insult to Ohio’
Trump: Switch to Denali is ‘insult to Ohio’
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

Classified details blacked out in new Clinton emails
Classified details blacked out in new emails
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Taleb’s ‘Black Swan’ fund made $1 bln in a week

Personal beliefs don’t belong in retirement accounts

Take your company pension, or buy an annuity?
Take your company pension, or buy an annuity?

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others
Happy 85th birthday to the $67 billion man

Ode to that legendary New York steakhouse the Palm

U.S. ready to punish China firms over cyber theft

Teacher with 111 tardies puts blame on breakfast
The automat is back — with a lot more quinoa

Disney to unveil ‘Star Wars’ toys in unboxing event
Walt Disney leads Dow's losers for August


/conga/frontpage.html 353841

Markets »

75.19MDow Volume:
Avg Vol: 109.98M
Unchanged
146
Decliners
5212
Advancers
1136
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,102 -426 2.58%
Nasdaq
/quotes/zigman/12633936/realtime 4,660 -116 2.43%
S&P 500
/quotes/zigman/3870025/realtime 1,920 -52 2.63%
GlobalDow
/quotes/zigman/629063/realtime 2,300 -55 2.33%
Gold
/quotes/zigman/662444/delayed 1,141 +9 0.78%
Oil
/quotes/zigman/2331095/delayed 45.74 -3.46 7.03%
FTSE 100
/quotes/zigman/3173262/delayed 6,059 -189 3.03%
DAX
/quotes/zigman/2380246/delayed 10,016 -244 2.38%
CAC 40
/quotes/zigman/3173214/delayed 4,541 -112 2.40%
FTSE MIB
/quotes/zigman/1482176/delayed 21,451 -491 2.24%
IBEX 35
/quotes/zigman/2759620/delayed 9,993 -266 2.59%
Stoxx 600
/quotes/zigman/2380150/delayed 353 -10 2.73%
Asia Dow
/quotes/zigman/6959860/realtime 2,718 -66 2.38%
Nikkei 225
/quotes/zigman/5986735/delayed 18,166 -725 3.84%
Hang Seng
/quotes/zigman/2622475/delayed 21,185 -485 2.24%
Shanghai
/quotes/zigman/1859015/delayed 3,167 -39 1.23%
Sensex
/quotes/zigman/1652085/delayed 25,696 -587 2.23%
Singapore
/quotes/zigman/1709939/delayed 2,883 -39 1.32%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 0.75%
Yen
/quotes/zigman/16008150/realtime/sampled 119.68 -1.55 1.27%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.18%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 -0.01 1.14%
DXY Index
/quotes/zigman/1652083/delayed 95.38 -0.54 0.57%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.21 -0.22 0.25%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 -0.03 1.36%
German 10y
/quotes/zigman/15866409/realtime 0.80 +0.06 8.79%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 +0.08 4.05%
Spain 10yr
/quotes/zigman/15866444/realtime 2.14 +0.08 3.76%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.83 -0.02 1.25%
Japan 10yr
/quotes/zigman/15866525/realtime 0.36 -0.02 4.88%
Crude Oil
/quotes/zigman/2331095/delayed 46 -3 7.03%
Gold
/quotes/zigman/662444/delayed 1,141 +9 0.78%
Corn
/quotes/zigman/7599553/delayed 368 -7 1.87%
DJIA F
/quotes/zigman/38649152/delayed 16,082 -426 2.58%
S&P F
/quotes/zigman/30356461/delayed 1,917 -53 2.68%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.27%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.57 -1.86 -2.08%
AAPL /quotes/zigman/68270/composite 109.97 -2.79 -2.48%
GOOG /quotes/zigman/30194416/composite 602.00 -16.25 -2.63%
BAC /quotes/zigman/190927/composite 15.67 -0.68 -4.13%
C /quotes/zigman/5065548/composite 50.99 -2.49 -4.66%
F /quotes/zigman/264304/composite 13.76 -0.11 -0.79%
T /quotes/zigman/398198/composite 32.35 -0.86 -2.58%
BP /quotes/zigman/247026/composite 32.31 -1.23 -3.67%
GE /quotes/zigman/227468/composite 24.01 -0.82 -3.28%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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