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Patrick Industries Appoints Andy Roeder As New CFO
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(RTTNews) - Patrick Industries, Inc. (PATK) announced Tuesday that it has appointed Andy Roeder as Executive Vice President-Finance, Chief Financial Officer, and Treasurer of the Company, effective March 5.
Prior to joining Patrick, Roeder served as CFO of Polaris Boats from 2018 to the present. Prior to his role at Polaris, he was the CFO of Bennington Marine from 2016 to 2018, and the Director of Financial Planning & Analysis for Bennington from 2014 to 2015.
Roeder began his career with Ernst & Young in 2000 and during his tenure was promoted to successive roles with greater responsibility.
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Yen Falls Amid BoJ Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
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European Shares Set For Cautious Open Ahead Of Powell Speech
European stocks may open on a cautious note on Friday, with Federal Reserve Chair Jerome Powell's comments at Jackson Hole, Wyoming, likely to be in the spotlight amid an otherwise quiet day on the economic front.
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Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries
Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Friday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates ahead of US Fed Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium later in the day. Asian markets ended mixed on Thursday.
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Sensex, Nifty Set For Muted Start
Indian shares may open on a sluggish note on Friday following six consecutive sessions of gains on optimism about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
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Japanese Market Slightly Higher
The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
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