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Spain may revise deficit estimate upward: report

LOS ANGELES (MarketWatch) — Spain says it may have to again revise its 2011 budget deficit upward, the Associated Press reported late Friday. Spending by four regional governments within Spain — Madrid, Valencia, Andalusia and Castilla-Leon — exceeded forecasts, driving up the national deficit for a second time.

Spain may again revise 2011 deficit upward: AP

LOS ANGELES (MarketWatch) — Spain says it may have to again revise its 2011 budget deficit upward, the Associated Press reported late Friday. Spending by four regional governments within Spain — Madrid, Valencia, Andalusia and Castilla-Leon — exceeded forecasts, driving up the national deficit for a second time. AP said the government now projects a possible deficit that is equal to 8.9% of GDP, nearly three times the recommended maximum for nations using the euro.

Bond Report: Treasurys gain after Philly Fed

By Deborah Levine , MarketWatch NEW YORK (MarketWatch) — Treasury prices turned up on Thursday, pushing yields toward record lows in some cases, after the Philadelphia Federal Reserve’s index showed an unexpected contraction in manufacturing in the region this month.

Sensex, Nifty rebound; SBI, Reliance, Tata Motors lead

Like this story, share it with millions of investors on M3 Sensex, Nifty rebound; SBI, Reliance, Tata Motors lead The BSE Sensex and NSE Nifty rebounded in afternoon trade due to buying interest in index heavyweights Reliance Industries and State Bank of India. ICICI Bank and Tata Motors too were quite supportive. The BSE Sensex and NSE Nifty rebounded in afternoon trade due to buying interest in index heavyweights Reliance Industries and State Bank of India

Asia Markets: Most Asia markets rebound, but China falls

By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Most Asia stock markets notched slim gains Tuesday, but the rebound was constrained by political uncertainty in Greece, and Chinese shares slipped to the downside. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.69%  added 0.7%, while South Korea’s Kospi KR:SEU +0.54%  gained 0.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO +0.30%  put on 0.3%.

Sensex, Nifty turn positive after GAAR deferred by 1 year

Like this story, share it with millions of investors on M3 Sensex, Nifty turn positive after GAAR deferred by 1 year The BSE Sensex and NSE Nifty turned positive after the Finance Minister Pranab Mukherjee deferred the general anti-avoidance rule (GAAR) by one year. The BSE Sensex and NSE Nifty turned positive after the Finance Minister Pranab Mukherjee deferred the general anti-avoidance rule (GAAR) by one year

Markets Live: Nifty breaches 200 DMA support for first time since Jan

Like this story, share it with millions of investors on M3 Markets Live: Nifty breaches 200 DMA support for first time since Jan The benchmark index Nifty breached its 200 day moving average popularly known as DMA in intraday trade.

Markets Live: Nifty tests key support level of 5150; Re closes in on 54

Like this story, share it with millions of investors on M3 Markets Live: Nifty tests key support level of 5150; Re closes in on 54 The benchmark index Nifty slipped below key support level of 5150.

Latin American Markets: Brazil’s real falls; rate cut eyed after weak data

By Carla Mozee , MarketWatch LOS ANGELES (MarketWatch) — Brazil’s currency fell against the U.S. dollar Wednesday, hurt as market players considered the prospect of another domestic interest-rate cut. Risk appetite was also curbed following a report showing contraction in the manufacturing sector across the euro zone in April

After Hours: Green Mountain Coffee shares off 40% after hours

By Carla Mozee , MarketWatch LOS ANGELES (MarketWatch) — Investors mauled shares of Green Mountain Coffee Roasters Inc. Wednesday evening after the company cut its yearly forecast, while shares of Whole Foods Market Inc

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