Check out the companies making headlines before the bell: Warner Bros. Discovery, Paramount Skydance — Shares of these two media entertainment companies rose after Netflix granted Warner Bros. Discovery a seven-day waiver to negotiate a deal with Paramount Skydance. Warner Bros. Discovery rose 2.4% and Paramount rose nearly 4%. Masimo, Danaher — Shares of health tech giant Masimo rose more than 33% after the Wall Street Journal and Financial Times reported, citing people familiar with the matter, that the company is nearing a deal to buy Danaher for $180 per share, or $10 billion in cash. Danaher stock fell more than 7%. DTE Energy Company — Shares rose 2% after the company reported higher profits for both its fourth quarter and fiscal year 2025 in a report released Tuesday morning. However, guidance for 2026 was at the lower end of expectations. Norwegian Cruise Line Holdings — The cruise line rose 7.5% after the Wall Street Journal reported that Elliott Investment Management had acquired more than 10% of Norwegian’s stock. Activist investors plan to push for changes to turn around a company’s performance. Norwegian’s stock lags behind rivals Royal Caribbean and Carnival. ZIM Integrated Shipping Services — Shares rose 35% after German-based international container shipping and logistics company Hapag-Lloyd Aktiengesellschaft announced it would acquire Israeli competitor ZIM Integrated Shipping Services in a $4.2 billion deal in cash and external financing. Vulcan Materials — The U.S. construction aggregate maker fell 7% after reporting disappointing financial results. Vulcan reported fourth-quarter adjusted EBITDA of $518 million, below the FactSet consensus estimate of $603.1 million. Sales were $1.91 billion, lower than expectations of $1.96 billion. Genuine Parts Company — Shares fell more than 5% after Genuine Parts announced plans to split its auto parts and industrial parts groups into two publicly traded companies. The decision was based on a strategic review it underwent as part of its deal with activist Elliott Investment Management. The company also reported lower-than-expected fourth-quarter profits and sales. Adjusted earnings per share were $1.55, missing the $1.82 expected by analysts polled by FactSet. Sales were $6.01 billion, lower than expectations of $6.06 billion. Labcorp — The global life sciences company rose 2.9% after Labcorp reported better-than-expected fourth-quarter results, with adjusted earnings of $4.07 per share and revenue of $3.52 billion. Analysts polled by FactSet had expected earnings of $3.94 per share and revenue of $3.56 billion. Leidos — Shares fell nearly 3% after the defense and intelligence market tech company reported fourth-quarter revenue of $4.21 billion, below the FactSet consensus estimate of $4.3 billion. Meanwhile, adjusted earnings per share came to $2.76, beating expectations of $2.61. — CNBC’s Michelle Fox, Davis Giangiulio and Fred Imbert contributed reporting
