China Sky One Medical, Inc. Trims Guidance; Stock Drops

September 7, 2010 -- China Sky One Medical reduced its guidance for 2010, blaming the shortfall on the loss of several major distributors. The company said the distributors ended their relationship with China Sky One after they discovered their business information was disclosed in SEC filings. This led to increased scrutiny in China, which was enough for them to stop doing business with China Sky One. More details....

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