Key Currency Exchange Rates for Friday, 7/10/20

American Dollar to Canadian Dollar = 0.786976; American Dollar to Chinese Yuan = 0.158075; American Dollar to Euro = 1.135546; American Dollar to Japanese Yen = 0.008693; American Dollar to Mexican Peso = 0.049316.

“The FedEx team and its unparalleled network have been connecting the world and creating opportunities since our founding,” Subramaniam said. “As we enter the next phase of FedEx, we will unlock value from this foundation to deliver outstanding returns to all of our stakeholders. Our strategy is focused on driving yields, expanding margins, and elevating returns through profitable growth and capital efficiency. We have tremendous momentum and a committed leadership team focused on delivering today, while innovating for tomorrow.” The FedEx executive leadership team will discuss its strategy and detailed plans to Deliver Today, Innovate for Tomorrow during today’s investors day. The plans will guide the company’s short- and long-term priorities to maximize value for customers, stockholders, and team members. The leadership team will also outline how FedEx is Innovating for Tomorrow by: *Enabling intelligent supply chains by leveraging its technology, data, and digital capabilities *Leading through its continued commitment to sustainability *Reinventing work and empowering people

Due to the unprecedented impact and devastation in the wake of Hurricane Harvey, several of Sun Chemical’s feedstock suppliers have announced a force majeure and many other raw materials suppliers are reviewing allocations. While the volatility of the supplier markets is unknown at this point, the inks and pigments markets will be affected. Sun Chemical is committed to working closely with its suppliers to assess global ramifications, develop needed contingency plans, and to notify customers of potential delays or issues. Click Read More below for more of the story.