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Business News – United States, Alan Greenspan, Samsung Electronics Co., NEW YORK

Stocks retreat from record levels
U.S. stocks fell Friday morning, with the S&P 500 holding just below its all-time closing high.

Greenspan: No irrational exuberance, stocks undervalued
Former Federal Reserve Chairman Alan Greenspan said that even with record-high stock prices, investors don’t need to worry about “irrational exuberance” this time.

Samsung Electronics Names New Co-CEOs
Samsung Electronics Co. on Thursday named the head of its consumer electronics and mobile divisions as co-chief executives, a move that analysts say won’t significantly alter the company’s current management structure or rebalance power.

Futures rise as S&P 500 nears new high
NEW YORK (AP) — U.S. stock futures rose Friday as the government released a report showing that a spike in gas prices pushed overall consumer prices higher last month.



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