Among the companies with shares expected to trade actively in Tuesday's session are Pep Boys - Manny, Moe and Jack (PBY) and Qualcomm Inc. (QCOM).

Billionaire investor Carl Icahn on Monday raised his bid for Pep Boys to value the automotive parts and repair chain at $1 billion, topping last week's sweetened merger pact with Bridgestone Corp. Pep Boys in a news release said its board had determined Mr. Icahn's offer is superior to Bridgestone's. Bridgestone has until 5 p.m. ET Thursday to respond before Pep Boys may terminate its agreement. Pep Boys shares rose 6.8% to $18.60 premarket.

Qualcomm said Tuesday it has reached new 3G and 4G Chinese patent license agreements with Beijing Tianyu Communication Equipment Co. and home-appliance maker Haier Group. Qualcomm rose 1.2% to $50.53.

Manitowoc Co. (MTW) reported Barry L. Pennypacker had been named chief executive of its crane business, ahead of the company's planned split in two next year.

Triumph Group Inc. (TGI) on Tuesday said it named Raytheon executive Daniel J. Crowley as its new president and chief executive effective Jan. 4, ending an extensive search by the aerospace parts supplier for a permanent CEO. Shares rose 2.4% to $35.25 premarket.

Write to Ezequiel Minaya at Ezequiel.Minaya@wsj.com and Tess Stynes at tess.stynes@wsj.com

(END) Dow Jones Newswires

December 29, 2015 09:36 ET (14:36 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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