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Company News for January 12, 2016

•    Shares of McKesson Corporation (MCK) tanked 10.3% after the company lowered its fiscal 2016 earnings per share to $12.60 to $12.90 from an earlier forecast of $12.50 to $13

•    Shares of Apple Inc. (AAPL) gained 1.6% after the company reported that its music streaming service has passed the 10 million subscriber mark in six months

•    Kohl's Corp.’s (KSS) shares soared 4.6% after the company decided to take drastic actions including going private or breaking itself up to boost its ailing business

•    Shares of A. Schulman, Inc. (SHLM) nosedived 24.9% after the company reported first quarter earnings per share of $0.50 that missed the Zacks Consensus Estimate of $0.60


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