By Ben Glickman
JetBlue Airways reached a deal with activist investor Carl Icahn, which involves the appointment of two independent directors. The deal avoids a proxy fight between Icahn and JetBlue. Shares rose 3.7% to $7.22 after-hours.
Bowman Consulting Group said based on preliminary results that it expects net service billings and adjusted Ebitda to come in below guidance. The engineering services firm said a larger-than-expected seasonal impact on utilization in December had affected results. Shares fell 8.8% to $33 after-hours.
Tupperware Brands disclosed Friday that it had entered into a forbearance agreement with lenders as it explores strategic alternatives. The agreement reduces Tupperware’s liquidity requirement under its credit agreement to $10 million from $15 million. Shares were down 4.9% to $1.36 after-hours.
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