Check out which companies are making headlines before the bell:
T-Mobile U.S. — Japan's SoftBank is in talks to acquire the wireless carrier, according to Reuters. SoftBank is hoping to take a majority stake in T-Mobile through its U.S.-based Sprint subsidiary.
BlackBerry —Co-founder Michael Lazaridis has in the company to just below five percent from the previous 5.7 percent. Lazaridis had previously indicated he was considering a bid to buy BlackBerry, in conjunction with co-founder Douglas Fregin.
Target – The retailer not only had information on 40 million cards stolen, but also encrypted PIN numbers, according to a Reuters report.
FedEx , UPS– Both companies saw Christmas package deliveries delayed by bad weather and overloaded systems, according to various reports. Neither would specify how many packages were delayed but did say it was a small percentage.
KKR, Blackstone – The two and other private equity firms will likely have to pay more than $1 billion to settle on ongoing collusion case, according to the New York Post. No settlement deal has yet been offered, however. The firms were sued in 2007 by various shareholders for allegedly keeping prices artificially low when buying their companies.
BP– The energy giant lost a court bid to require businesses to require proof that financial losses were directly related to the 2010 Gulf oil spill.
—By CNBC's Peter Schacknow
Questions? Comments? Email us at marketinsider@cnbc.com