1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:15,880 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:20,400 Speaker 2: Let's take a look at some stocks on the move today. Alexis, Gustafirs. 5 00:00:20,480 --> 00:00:21,160 Speaker 2: What do you have this one? 6 00:00:21,239 --> 00:00:23,560 Speaker 3: Oh, We've got some goodies for you today. So I 7 00:00:23,560 --> 00:00:26,520 Speaker 3: want to start with the medical device maker Massimo, surging 8 00:00:26,560 --> 00:00:27,840 Speaker 3: here thirty five percent. 9 00:00:27,920 --> 00:00:28,680 Speaker 2: How's that much? 10 00:00:28,840 --> 00:00:31,800 Speaker 3: Wow? This is the danahert Trensick exactly. So the healthcare 11 00:00:31,880 --> 00:00:35,000 Speaker 3: manufacturer Danaher buying Massimo. It's a deal worth ten billion, 12 00:00:35,040 --> 00:00:37,120 Speaker 3: works out about one hundred and eighty per share. It's 13 00:00:37,159 --> 00:00:41,480 Speaker 3: all cash, forty percent premium over Massimo's closing share price 14 00:00:41,520 --> 00:00:44,000 Speaker 3: on Friday. So big deal here. Also big deal for 15 00:00:44,000 --> 00:00:47,080 Speaker 3: shareholders because Massimo's stock was down twenty eight percent over 16 00:00:47,120 --> 00:00:49,080 Speaker 3: the past twelve months. So this is a nice bump up. 17 00:00:49,080 --> 00:00:51,680 Speaker 3: By the way, Danaher, no surprise here, I guess, falling 18 00:00:51,720 --> 00:00:54,200 Speaker 3: six percent pre market. I didn't know this when I 19 00:00:54,240 --> 00:00:56,680 Speaker 3: looked further into the company. They're known for their patient 20 00:00:56,720 --> 00:01:00,560 Speaker 3: monitoring technologies, like those pulse oxymeters, so you can measure 21 00:01:00,840 --> 00:01:03,560 Speaker 3: blood oxygen levels sort of. We all learned about that 22 00:01:03,640 --> 00:01:06,880 Speaker 3: during the pandemic. Unfortunately, thing on your fingers exactly. 23 00:01:06,959 --> 00:01:07,440 Speaker 1: Yeah, yep. 24 00:01:07,840 --> 00:01:10,840 Speaker 3: So experts actually believe that market's going to grow by 25 00:01:11,120 --> 00:01:14,919 Speaker 3: high single digit to load double digit levels through early 26 00:01:15,000 --> 00:01:18,080 Speaker 3: twenty thirties because of the aging population and rising rates 27 00:01:18,120 --> 00:01:22,600 Speaker 3: of chronic disease. So yeah. Interesting. Also recently won a 28 00:01:22,680 --> 00:01:25,440 Speaker 3: legal battle with Apple. I didn't know this. California federal 29 00:01:25,520 --> 00:01:28,199 Speaker 3: jury awarded Massimost six hundred and thirty four million after 30 00:01:28,240 --> 00:01:31,479 Speaker 3: finding that the Apple Watch is heart rate alerts infringed 31 00:01:31,480 --> 00:01:32,720 Speaker 3: on one of its patents. 32 00:01:33,040 --> 00:01:36,520 Speaker 2: The biggest problem is anybody in the control room ever 33 00:01:36,880 --> 00:01:40,560 Speaker 2: successfully used an Apple Watch. I mean at home, we're 34 00:01:40,600 --> 00:01:43,479 Speaker 2: like zero for five. You know, I got the Apple Watch. 35 00:01:43,520 --> 00:01:45,000 Speaker 3: I'm going to go out and run around and it's 36 00:01:45,000 --> 00:01:47,560 Speaker 3: going to tell me what my body's can read it. 37 00:01:47,560 --> 00:01:48,320 Speaker 3: It'll tell you work. 38 00:01:49,360 --> 00:01:50,800 Speaker 2: The software is too complicated. 39 00:01:51,000 --> 00:01:54,560 Speaker 3: Next, all right, dig cruise. My mind goes to cruising. 40 00:01:55,000 --> 00:01:57,960 Speaker 3: Norwegian Cruise line up five and a half percent. So 41 00:01:58,000 --> 00:02:01,120 Speaker 3: Elliott Investment Management activist investor has now built a stake 42 00:02:01,160 --> 00:02:05,520 Speaker 3: of more than ten percent, now the largest stakeholder in Norwegian. 43 00:02:05,840 --> 00:02:08,120 Speaker 3: He wants to make some changes and The Wall Street 44 00:02:08,200 --> 00:02:10,280 Speaker 3: Journal is reporting that he is talking with the former 45 00:02:10,320 --> 00:02:14,320 Speaker 3: president and chief operating Officer of Royal Caribbean Adam Goldstein, 46 00:02:14,400 --> 00:02:17,800 Speaker 3: to join the board at Norwegian. So does he want 47 00:02:17,880 --> 00:02:20,760 Speaker 3: him to merge, Not to merge, He just wants I 48 00:02:20,760 --> 00:02:24,239 Speaker 3: guess it's brain power you help turn things around. I mean, 49 00:02:24,280 --> 00:02:27,560 Speaker 3: when you look at how Norwegian is performing against it's Roy's, 50 00:02:27,639 --> 00:02:30,200 Speaker 3: Royal Caribbean and Carnival, it is under performing in a 51 00:02:30,200 --> 00:02:32,400 Speaker 3: big way. Yeah, joining us on side bens And he's 52 00:02:32,400 --> 00:02:35,720 Speaker 3: in the control room right now. He is surveillance cruise God? 53 00:02:36,560 --> 00:02:42,800 Speaker 2: Is Norwegian like a good cruise line? Side below average? Okay, 54 00:02:42,919 --> 00:02:47,920 Speaker 2: what's the fancy cruise line that you'd recommend? Celebrity? 55 00:02:48,040 --> 00:02:50,560 Speaker 1: You know, really, I have no idea. 56 00:02:50,760 --> 00:02:52,560 Speaker 3: Is Celebrity owned by wants. 57 00:02:52,360 --> 00:02:54,320 Speaker 2: To go look at Polar bears up in the last Yeah, 58 00:02:54,360 --> 00:02:55,440 Speaker 2: you can do that on a cruise ship. 59 00:02:56,400 --> 00:02:59,000 Speaker 3: Oh yeah, Royal Caribbean and Celebrity are the side. Just 60 00:02:59,040 --> 00:03:00,240 Speaker 3: told me Royal cribe and. 61 00:03:00,200 --> 00:03:04,320 Speaker 2: Owns going on my first cruise next? When is it 62 00:03:04,320 --> 00:03:05,560 Speaker 2: October on Viking? 63 00:03:05,919 --> 00:03:06,239 Speaker 1: Really? 64 00:03:06,280 --> 00:03:08,400 Speaker 3: See, I want to do the Viking cruise? Yeah, tell 65 00:03:08,440 --> 00:03:09,639 Speaker 3: me how that goes? Where are you going? 66 00:03:10,160 --> 00:03:10,959 Speaker 2: We're gona me in France. 67 00:03:11,200 --> 00:03:13,400 Speaker 3: See that's what I mean. That's my idea of cruising. 68 00:03:14,440 --> 00:03:17,360 Speaker 2: You I'm afraid to ask, how do you cruise in France? 69 00:03:17,600 --> 00:03:18,239 Speaker 2: River cruise? 70 00:03:18,520 --> 00:03:22,400 Speaker 3: Yeah, river, yes, small river crews. Yeah, Well do you 71 00:03:22,560 --> 00:03:24,840 Speaker 3: well invite me next time? I'll go, okay, well next 72 00:03:24,960 --> 00:03:27,600 Speaker 3: I'm sorry. And then look, it's the soap opera known 73 00:03:27,639 --> 00:03:30,200 Speaker 3: as the Warner Brothers Triangle. That's what I'm calling this thing. 74 00:03:30,440 --> 00:03:32,760 Speaker 3: Warner Brothers has told Paramount to make its best and 75 00:03:32,840 --> 00:03:36,560 Speaker 3: final offer for the film and streaming company within seven days, 76 00:03:36,560 --> 00:03:39,520 Speaker 3: giving it seven days to either raise its bid of 77 00:03:39,520 --> 00:03:41,760 Speaker 3: one hundred and eight billion dollars or basically get out 78 00:03:41,760 --> 00:03:44,160 Speaker 3: of the way, and that led Netflix buy this thing 79 00:03:44,360 --> 00:03:47,400 Speaker 3: for eighty three billion dollars. Netflix has granted a week 80 00:03:47,440 --> 00:03:51,200 Speaker 3: long waiver to Warner Brothers to hold these discussions. 81 00:03:51,040 --> 00:03:55,440 Speaker 2: Which and apparently a banker Paramount told Warner Brothers the board, hey, 82 00:03:55,520 --> 00:03:58,840 Speaker 2: if you reopen discussions, will come in with a thirty 83 00:03:59,000 --> 00:04:01,360 Speaker 2: one dollars share bit. Now that's not official, but that's 84 00:04:01,360 --> 00:04:03,640 Speaker 2: what the banker's saying. So you know, we're willing to 85 00:04:03,640 --> 00:04:05,720 Speaker 2: step up our business, but you're gone behind the scenes. 86 00:04:05,760 --> 00:04:11,480 Speaker 2: A wise one. I think if your paramount. This is 87 00:04:11,520 --> 00:04:15,600 Speaker 2: a must have deal. Why they're kind of taking their 88 00:04:15,600 --> 00:04:17,240 Speaker 2: time here, I don't know. I'd come in with a big, 89 00:04:17,320 --> 00:04:20,840 Speaker 2: over the top, aggressive bid, with a lot of mister 90 00:04:20,880 --> 00:04:25,599 Speaker 2: Ellison money, a lot more mister Ellison money, but they can't. 91 00:04:25,720 --> 00:04:27,040 Speaker 1: I don't know, wonders. 92 00:04:26,720 --> 00:04:29,840 Speaker 3: Board is still saying, telling shareholders take the Netflix deal. 93 00:04:29,880 --> 00:04:31,560 Speaker 3: They're going to hold a vote March twentieth. 94 00:04:31,800 --> 00:04:35,479 Speaker 1: You can see what happens this stock Movers report from 95 00:04:35,520 --> 00:04:38,599 Speaker 1: Bloomberg Radio. Check back with us throughout the day for 96 00:04:38,680 --> 00:04:41,800 Speaker 1: the latest roundup of companies making news on Wall Street 97 00:04:42,040 --> 00:04:45,560 Speaker 1: and for the latest market moving headlines. Listen to Bloomberg 98 00:04:45,680 --> 00:04:49,279 Speaker 1: Radio Live, catch us on YouTube, Bloomberg dot com, and 99 00:04:49,440 --> 00:04:53,080 Speaker 1: on Applecarplay and Android Auto with the Bloomberg Business app.