1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,280 --> 00:00:18,119 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,120 --> 00:00:21,680 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Dan Curtis with a 6 00:00:21,720 --> 00:00:26,360 Speaker 1: look once again at Paramount sky Dance because it looks 7 00:00:26,440 --> 00:00:29,640 Speaker 1: like maybe Warner Brothers Discovery's given them a second look. 8 00:00:29,640 --> 00:00:31,800 Speaker 1: Good morning Dan, Good morning Nathan. 9 00:00:31,800 --> 00:00:34,480 Speaker 3: That's right, So Paramount Skydance. Those shares are up three 10 00:00:34,520 --> 00:00:37,760 Speaker 3: percent in pre market. The Warner Brothers is said to 11 00:00:37,800 --> 00:00:41,080 Speaker 3: be considering reopening talks with the company. So just to 12 00:00:41,080 --> 00:00:45,519 Speaker 3: bring you back, Netflix, Netflix Paramount sky we're both bidding 13 00:00:45,560 --> 00:00:48,480 Speaker 3: for Warner Brothers. Netflix put in a bit of twenty 14 00:00:48,520 --> 00:00:51,040 Speaker 3: seven dollars and seventy five cents a share that didn't 15 00:00:51,080 --> 00:00:53,920 Speaker 3: include the TV business that would get spun off. Warner 16 00:00:53,960 --> 00:00:56,480 Speaker 3: Brothers had a proposal on the table for thirty dollars 17 00:00:56,520 --> 00:00:58,560 Speaker 3: a share that was for the whole business. So the 18 00:00:58,560 --> 00:01:01,280 Speaker 3: big question came down how much was the TV business 19 00:01:01,320 --> 00:01:04,039 Speaker 3: worth and would that kind of close the difference between 20 00:01:04,080 --> 00:01:06,560 Speaker 3: Netflix or Warner Brothers, And what was the most important, 21 00:01:06,800 --> 00:01:10,360 Speaker 3: which was the higher offer it So according to sources, 22 00:01:10,400 --> 00:01:13,720 Speaker 3: Warner Brothers might sorry if Warner Brothers might not be convinced, 23 00:01:14,080 --> 00:01:17,880 Speaker 3: and so they are reopening up, putting Paramount sky Dance 24 00:01:17,959 --> 00:01:20,920 Speaker 3: back on the table. Those shares up three percent, Warner 25 00:01:20,920 --> 00:01:23,039 Speaker 3: Brothers up one percent, as we might have a bidding 26 00:01:23,040 --> 00:01:25,640 Speaker 3: war for that. Netflix shares down half a percent in 27 00:01:25,720 --> 00:01:26,759 Speaker 3: pre market. 28 00:01:26,680 --> 00:01:30,680 Speaker 1: And we might have some deal news on this Tuesday 29 00:01:30,720 --> 00:01:32,559 Speaker 1: morning in the medical space. 30 00:01:33,200 --> 00:01:35,720 Speaker 3: That's right closed for Monday, so it's m and a Tuesday. 31 00:01:36,280 --> 00:01:39,400 Speaker 3: Danaher and Massimo is said to have struck a ten 32 00:01:39,560 --> 00:01:44,120 Speaker 3: billion dollar deal. That's ten billion dollars of Danaher buying Massimo. 33 00:01:44,280 --> 00:01:48,120 Speaker 3: That's per the Wall Street Journal. It says the deal 34 00:01:48,200 --> 00:01:50,360 Speaker 3: will be reported today if it doesn't hit any last 35 00:01:50,360 --> 00:01:53,400 Speaker 3: minute snags. If you haven't heard of Massimo, it makes 36 00:01:53,480 --> 00:01:57,960 Speaker 3: medical monitoring equipment, especially pulse oximitters, and it actually it 37 00:01:58,040 --> 00:02:00,880 Speaker 3: is a technology that plays day play in day to 38 00:02:00,920 --> 00:02:04,320 Speaker 3: day tech, in day to day's devices. Apple recently had 39 00:02:04,360 --> 00:02:06,560 Speaker 3: to pay Massimos six hundred million dollars due to the 40 00:02:06,640 --> 00:02:09,440 Speaker 3: ruling that some Apple watches features infringed on the IP. 41 00:02:09,560 --> 00:02:11,560 Speaker 3: So it is something that does get integrated even if 42 00:02:11,560 --> 00:02:13,880 Speaker 3: you haven't heard of the company name. So that has 43 00:02:14,040 --> 00:02:17,160 Speaker 3: Masimo shares up thirty three percent in the pre market 44 00:02:17,200 --> 00:02:19,799 Speaker 3: to one hundred and seventy five dollars a share. Wall 45 00:02:19,800 --> 00:02:21,880 Speaker 3: Street Journal saying that that the deal will be one 46 00:02:21,960 --> 00:02:25,239 Speaker 3: hundred and eighty so about five bucks below the deal price. 47 00:02:25,560 --> 00:02:28,160 Speaker 3: And Danaher shares are down six percent in pre. 48 00:02:28,560 --> 00:02:32,040 Speaker 1: And you've got Norwegian Cruise Lines on your list as well. 49 00:02:32,200 --> 00:02:35,079 Speaker 1: An activist investor taking a big stake in this one. 50 00:02:35,320 --> 00:02:37,880 Speaker 3: That's right, it's Elliott Investment and they've built up a 51 00:02:38,040 --> 00:02:41,679 Speaker 3: ten percent stake according to the Wall Street Journal siting sources, 52 00:02:42,040 --> 00:02:45,440 Speaker 3: that has Norwegian Crew Cruise Lines up over seven percent 53 00:02:45,560 --> 00:02:48,959 Speaker 3: in pre market. So the what Wall Street Journal is 54 00:02:49,000 --> 00:02:51,920 Speaker 3: reporting is that Elliott and Norwegian will work to improve 55 00:02:51,960 --> 00:02:55,359 Speaker 3: not only financials but also guest experiences. That could include 56 00:02:55,360 --> 00:02:59,359 Speaker 3: developing more private islands such as Great Stirrup Key. That's 57 00:02:59,400 --> 00:03:02,280 Speaker 3: an area where competitors have really been gaining ground. Ello 58 00:03:03,000 --> 00:03:05,360 Speaker 3: Elliott did build up a stake in Southwest and twenty 59 00:03:05,360 --> 00:03:07,320 Speaker 3: twenty two, so they have been playing around in the 60 00:03:07,360 --> 00:03:10,280 Speaker 3: travel area, the travel sector a bit, and this comes 61 00:03:10,360 --> 00:03:12,960 Speaker 3: as Norwegian lags peer so over the last five years, 62 00:03:13,000 --> 00:03:17,400 Speaker 3: Norwegians down fifteen percent. One of its peers, roy Royal 63 00:03:17,440 --> 00:03:21,440 Speaker 3: Caribbean Royal Crew Sorry, is up over three hundred percent, 64 00:03:21,520 --> 00:03:23,760 Speaker 3: so really lagging. Elliott looking to turn that around. 65 00:03:24,000 --> 00:03:27,360 Speaker 1: And finally, ZIM Integrated Shipping More deal news here. 66 00:03:27,760 --> 00:03:30,840 Speaker 3: More deal news here. Hapag Lloyd has agreed to buy 67 00:03:31,480 --> 00:03:34,400 Speaker 3: ZIM Integrated Shipping for thirty five dollars a share. That 68 00:03:34,600 --> 00:03:37,400 Speaker 3: has those shares up thirty five percent in pre market. 69 00:03:37,560 --> 00:03:40,520 Speaker 3: This comes as consolidation is in the industry slump in 70 00:03:40,560 --> 00:03:45,640 Speaker 3: freight rates following the whole COVID freight crisis. ZIM has 71 00:03:45,680 --> 00:03:48,200 Speaker 3: one hundred and forty five ships that hap egg Lloyd 72 00:03:48,280 --> 00:03:50,840 Speaker 3: will be looking to take over. One hundred and thirty 73 00:03:50,880 --> 00:03:53,960 Speaker 3: of those are container vessels fifteen vehicle transport deals. Again, 74 00:03:54,320 --> 00:03:57,280 Speaker 3: that's popping. ZIM Integrate up thirty five percent in pre market. 75 00:03:57,320 --> 00:03:58,600 Speaker 3: So some big deal news today. 76 00:03:59,480 --> 00:04:03,520 Speaker 2: This stock Mover's report from Bloomberg Radio. Check back with 77 00:04:03,600 --> 00:04:06,160 Speaker 2: us throughout the day for the latest roundup of companies 78 00:04:06,240 --> 00:04:09,360 Speaker 2: making news on Wall Street and for the latest market 79 00:04:09,360 --> 00:04:13,840 Speaker 2: moving headlines. 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