Nu Holdings Ltd ( NU ) reported financial results for the second quarter after the market close on Tuesday. Here’s a rundown of the report. Q2 Earnings: Nu Holdings ( NU ) reported second-quarter revenue of $2.8 billion. The Brazilian bank’s top-line results were up 65% on a year-over-year basis. Nu reported second-quarter adjusted net income of $563 million, up...

Aug 13 (Reuters) - Grail Inc ( GRAL ) said on Tuesday it has cut about 350 existing jobs as the diagnostics company focuses on the development of its flagship cancer-detection test Galleri. The company, which listed its shares on the Nasdaq after being spun out of gene sequencing machine maker Illumina in June, is betting on commercial partnerships with...

(Reuters) - Rheinmetall would buy U.S.-based military vehicle parts maker Loc Performance in a $950 million deal, the German defense group said on Tuesday. Michigan-based Loc is an original equipment manufacturer for the U.S. Army's military ground vehicle track systems. Loc's acquisition would expand Rheinmetall's industrial base in the United States, as it aims for high-volume major orders for the...

04:47 PM EDT, 08/13/2024 (MT Newswires) -- Comfort Systems USA ( FIX ) late Tuesday said it increased its stock buyback authorization by another 411,426 shares to bring its existing repurchase plan to 1 million shares. Through last Wednesday, the heating, cooling and ventilation service company had repurchased nearly 10.4 million shares for $299.6 million. These buybacks were part of...