Market Gawk

Subprime mess, supply to sour spring housing market, NEW YORK (Reuters) - The flowers may be blooming this spring, but the US housing market is wilting.

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Stocks jumped Thursday afternoon, with the tech-fueled NASDAQ leading the way, as investors set aside worries about the day’s weak economic news and opted to scoop up select shares.

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Relatively new boss steps down.

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The European Central Bank took a spring break from its string of rate increases, keeping its benchmark at 3.75 percent on Thursday but signaling another increase this summer amid strong growth and falling unemployment.

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Stocks were little changed early Thursday, as investors digested Q1 financial news from retailers, a rise in weekly jobless claims and Q4 sales…

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AMC Entertainment Inc. will restate its financial reports for fiscal 2006 and 2007 to correct errors in accounting for stock option awards.

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USA Superior Energy Holdings Inc. has listed its common stock and has begun trading on the Frankfurt Stock Exchange in Germany under the trading symbol ”F2S.”

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A daily feature available on SchaeffersResearch.com is ”Behind the Headlines.” Every day, we’ll focus on the day’s action of newsworthy stocks that are generating a lot of attention…(Read More)

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On tap: March retail sales, industrial production, consumer prices, and housing starts

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Wachovia Corp. has named Susan Mucciarone managing director of its Calibre unit, which serves wealthy families.

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