MWE

   By Maria Armental 
 

Among the companies with shares expected to trade actively in Tuesday's session are Houlihan Lokey Inc. (HLI), Marathon Petroleum Corp. (MPC) and General Electric Co. (GE).

Marathon Petroleum on Tuesday boosted its one-time cash consideration for MarkWest Energy Partners LP again as it looks to seal the deal. Marathon Petroleum shares were untraded in premarket trading.

Nexstar Broadcasting Group Inc. (NXST) said Tuesday that it had reached a deal to buy four West Virginia television stations from West Virginia Media Holdings LLC in a deal worth $130 million. Shares were untraded premarket.

General Electric has completed its spinoff of consumer finance business Synchrony Financial, following a share exchange that was more than thee times oversubscribed and marking GE's latest move to dismantle its financial services unit. Shares rose 1.78% to $30.90 premarket.

Boutique investment bank Houlihan Lokey said Tuesday it has acquired the investment banking operations of Leonardo & Co. NV in Germany, the Netherlands and Spain, and has become a minority partner in a joint venture with Leonardo in operations in Italy. Shares were untraded premarket.

Dick's Sporting Goods Inc. (DKS) slashed its guidance Tuesday and said profit slumped 4.1% in the latest quarter as sales barely improved at its namesake locations and declines continued at Golf Galaxy. Shares fell 16.3% to $34.16 premarket.

Kohl's Corp. (KSS) said Tuesday Sona Chawla will join the retailer in the newly created chief operating officer position.

Angie's List (ANGI) said Tuesday that it won't pursue an unsolicited buyout offer from IAC/InterActiveCorp. because it undervalued the company, which wants an opportunity to develop and enact a new growth plan before considering any potential mergers.

Agilent Technologies Inc. (A) issued guidance below analysts' expectations as the testing-equipment company reported that revenue fell 0.8% in the latest quarter.

Insurance giant American International Group Inc. (AIG) on Monday said its board has amended its bylaws to let some shareholders nominate directors, joining a growing list of big companies making similar moves.

Internet-radio giant Pandora Media Inc. said Monday it has agreed to acquire about $75 million in assets from Rdio, a San Francisco-based subscription music service that has filed for bankrutcy protection.

Urban Outfitters Inc. (URBN) on Monday reported sales that missed Wall Street estimates in the third quarter, even as profit and margins improved.

Write to Chris Wack at chris.wack@wsj.com and Maria Armental at maria.armental@wsj.com

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(END) Dow Jones Newswires

November 17, 2015 09:31 ET (14:31 GMT)

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