Parametric Technology Corp. (PMTC) announced the appointment of Robert Schechter to its Board of Directors. Most recently, Schechter served as chairman and chief executive officer at NMS Communications. Schechter currently serves on the Board of Unica Corp.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.