Check out which companies are making headlines before the bell:
Pep Boys — Japanese tire maker Bridgestone raised its offer to buy Pep Boys by $1.50 to $17 a share, as its bidding war with activist investor Carl Icahn continues. Icahn's current offer stands at $16.50 per share, but he has said he'd match all of Bridgestone's offers by 10 cents up to $18.10.
Apple — The tech giant said in a court filing that Samsung Electronics still owes Apple about $180 million in supplemental damages and interest. Samsung recently paid Apple over $548 million for infringing the patents and designs of the iPhone.
Alibaba — The e-commerce firm agreed to invest $1.25 billion in Ele.me, a Chinese online food delivery service, Caixin reported. The report, citing unidentified sources, said Alibaba will obtain a 27.7 percent stake in Ele.me, becoming its biggest shareholder.
Alphabet — YouTube was called out by Barron's for its impressive growth, enormous user base, and Alphabet's cash return to investors. Barron's said shares of Alphabet could rise 30 percent to more than $1,000 in 2016, but warned Facebook's improving video platform poses a threat.
FedEx — The package delivery firm was forced to run extra shifts to clear a backlog of deliveries through Christmas day. A spokesperson cited a combination of unforeseen volume and severe winter weather for the delay.
Chipotle Mexican Grill — A Chipotle restaurant near Boston College reopened weeks after more than 130 people fell ill with norovirus.
MasterCard — Strong online sales and demand for furniture and women's apparel helped U.S. retail sales grow by a "solid" 7.9 percent this holiday season, according to MasterCard Advisors SpendingPulse.