Among the companies with shares expected to actively trade in Tuesday's session are J.P. Morgan Chase & Co. (JPM), Goldman Sachs Group Inc. (GS) and Lorillard Inc. (LO).

J.P. Morgan reported second-quarter profit that beat expectations as trading revenue held up better than the bank had forecast, sending shares 2.8% higher to $57.88 premarket.

Goldman's second-quarter net income rose 5.5% on strength in the firm's investment banking and investing arms and a less-steep decline than some feared in the firm's trading business. Results easily topped the estimates of analysts polled by Thomson Reuters, pushing shares up 1.6% to $169.62 premarket.

Reynolds American Inc. (RAI) agreed to acquire Lorillard Inc. (LO) in a cash-and-stock deal worth about $25 billion, the companies said Tuesday. Under the terms, Lorillard shareholders will receive $50.50 in cash and 0.29 Reynolds shares in exchange for each Lorillard share, a value of $68.88 per share. The potential tie-up faces significant risks, including tough antitrust scrutiny. Additionally, Reynolds American said it reached a deal to sell the Kool, Salem, Winston, Maverick and Blue eCigs brands and other assets to Imperial Tobacco Group PLC (ITYBY) for $7.1 billion in cash. Lorillard shares slipped 5.2% to $63.75 premarket, while Reynolds shares fell 2.3% to $61.71.

Rent-to-own company Aaron's Inc. (AAN) said its results for the latest quarter won't meet the dour outlook the company provided in late April. While new acquisition Progressive topped Aaron's expectations, the core retail business continued to sag. Shares fell 5.8% to $31.60 premarket.

Wolverine World Wide Inc. (WWW) unveiled plans to close about 140 stores over the next 18 months and to consolidate store operations to improve its profit. Shares of the maker of Hush Puppies and Merrell shoes rose 1.9% to $26.95 premarket as revenue for the latest quarter topped market expectations.

Albemarle Corp. (ALB) will buy Rockwood Holdings Inc. (ROC) for a deal valued at about $6.2 billion in cash and stock, the specialty chemical companies said. The merger agreement values Rockwood at $85.53 a share, a 13% premium over its Monday closing price. Albemarle shares rose 4% to $75.50 premarket, while Rockwood shares climbed 13% to $85.43.

Codexis Inc. (CDXS), which develops bio-catalysts for pharmaceutical and chemical production, has granted GlaxoSmithKline PLC (GSK) a license to use its CodeEvolver protein technology. Codexis shares jumped 84% to $2.60 premarket.

Targacept Inc. (TRGT) said it will drop a clinical-stage treatment for Alzheimer's disease after seeing disappointing results in a midstage study. Shares fell 4.8% to $4.20 premarket.

Anadarko Petroleum Corp. (APC) said it has taken steps to improve its financial flexibility, including paring its stake in the company that manages natural-gas and crude-oil unit Western Gas Partners LP (WES). Anadarko said it made $335 million in cash on the offering. Anadarko shares rose 2.9% to $109.00 premarket.

 
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Consol Energy Inc. (CNX) raised its gas-production outlook for the year, as the energy company continued to benefit from output in the Marcellus Shale.

Information technology staffing and solutions company Computer Task Group Inc. (CTG) cut its outlook for its second-quarter and full-year results, primarily due to higher medical costs.

CVS Caremark Corp. (CVS) has reached an agreement to buy Navarro Discount Pharmacy, the nation's largest Hispanic-owned drugstore chain. Financial terms weren't disclosed.

Darden Restaurants Inc. (DRI) boosted the size of its debt buyback offer by $10 million to a total of $610 million amid strong demand and removed the tender caps for two series of notes that mature in 2021 and 2022.

Enterprise Products Partners LP (EPD) said that its board has approved a two-for-one split of the company's common units. The move comes as Enterprise Products--which provides midstream energy services such as pipelines and storage--has enjoyed 17% year-to-date growth in the price of its common units.

FedEx Corp. (FDX) on Monday disclosed that French authorities are looking into potential anticompetitive actions at French shipper TATEX, which FedEx bought in 2012, and that the Justice Department was pursuing as a criminal case alleged regulatory violations stemming from the removal and disposal of roof materials from a hangar in Puerto Rico. A loss from the French matter, FedEx said, "is reasonably possible that it could be material."

Hewlett-Packard Co. (HPQ) said interim Chairman Ralph Whitworth, an activist investor known for shaking up boardrooms, has resigned from its board to focus on his health. The Silicon Valley giant said the resignation is effective Wednesday, and the board will discuss appointing a new chairman at its next meeting.

J.B. Hunt Transportation Services Inc. (JBHT) said its second-quarter earnings rose 6.5% on revenue growth across most of its business segments.

Johnson & Johnson (JNJ) said Tuesday that its second-quarter earnings grew as sales of the company's new hepatitis C drug continued to boost the health-care giant's revenue.

Leggett & Platt Inc. (LEG) said its expects to post a $108 million write-down of its store-fixtures business in the second quarter and has hired an investment banker to look into strategic options for the segment, including a potential sale.

Write to Anna Prior at anna.prior@wsj.com and Maria Armental at maria.armental@wsj.com

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