Sino-Global Shipping America Ltd
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Industrials : Transportation Infrastructure | Small Cap Value
Company profile

Sino-Global Shipping America, Ltd. is a non-asset-based global shipping and freight logistic integrated solution provider. The Company provides solutions and value added services to its customers in the shipping and freight logistic chain sector. The Company's segments include Shipping Agency and Ship Management Services; Shipping & Chartering Services, and Inland Transportation Management Services. The Company conducts its business primarily through its subsidiaries in China (including Hong Kong), Australia, Canada, and the United States (New York and Los Angeles). The Company provides its shipping agency services in the People's Republic of China through Sino-Global Shipping Agency Ltd. (Sino-China), which holds the licenses and permits to operate local shipping agency services in the People's Republic of China. The Company's inland transportation management services are operated by its subsidiaries in China (including Hong Kong) and the United States.

Closing Price
Day's Change
-0.1198 (-6.14%)
B/A Size
Day's High
Day's Low

10-day average volume:

Disney is tapping the bond market again with a six-part deal

12:37 pm ET May 11, 2020 (MarketWatch)

The Walt Disney Co. (DIS) is back in the bond market with plans for a six-part deal, according to a filing with the Securities and Exchange Commission. The move comes after the entertainment giant sold $6 billion of bonds in March. The company did not offer details on tranche size or maturities, but said the proceeds will be used for general corporate purposes, including repayment of commercial paper and other debt. The deal is being underwritten by BNP Paribas, Credit Suisse, Deutsche Bank, Goldman Sachs and Morgan Stanley, said the filing. ( Disney posted first-quarter earnings last week that showed profit down 90% ( as the coronavirus pandemic pressured everything from theme parks to film production to television advertisements. COVID-19 cost Disney at least $1 billion in profit just for its theme-park unit, executives said. Shares were down 1.3% Monday and have fallen 26% in the year to date, while the Dow Jones Industrial Average has fallen 15%.

-Ciara Linnane; 415-439-6400;

(END) Dow Jones Newswires

May 11, 2020 12:37 ET (16:37 GMT)

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