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Lloyds and Halifax experienced significant outages this morning, leaving many customers unable to access online and mobile banking. Reports indicated nearly 3,000 issues, with 62% of Halifax users facing mobile banking problems and 67% of Lloyds customers experiencing online disruptions. While complaints have decreased, some users continue to report issues.
Lloyds and Halifax experienced a brief planned outage affecting over 2,000 customers, primarily in London, Manchester, Cardiff, and Birmingham. Complaints were mainly about mobile and online banking issues, prompting frustration among users. The banks clarified that the disruption was a test and not a cyber attack, following a series of genuine outages earlier in the year.
Santander Bank N.A. plans to close its Atwells Ave. branch in Providence as part of a larger downsizing that includes 17 other locations across the Northeast. The closures, which follow a robbery incident at the branch earlier this year, affect branches in Massachusetts, New Hampshire, Pennsylvania, New Jersey, and New York City. Santander, the fourth-largest bank in Rhode Island, currently operates 20 branches in the state.
UBS shares rose by 0.6% to CHF 25.45, marking a successful performance in the SMI. The stock reached a daily high of CHF 25.54, with over 1.6 million shares traded. Analysts forecast a dividend of USD 1.00 and expect earnings per share of USD 1.98 for 2025, despite a significant sales decline of 39.71% year-over-year.
Rheinmetall shares surged past the €1,600 mark for the first time, driven by increased U.S. defense spending and positive analyst forecasts. UBS raised its price target for the company from €1,600 to €1,840, citing strong growth potential, while other analysts set targets as high as €2,220. The stock has risen over 160% this year, reflecting heightened interest in defense stocks amid geopolitical tensions.
Warren Buffett's investment strategy is highlighted by Berkshire Hathaway's impressive 19.9% annualized returns from 1965 to 2024, resulting in a staggering cumulative total return of 5,490,338%. Additionally, a chart illustrating the company's cash allocation from 1987 to 2025 showcases Buffett's renowned patience in investment decisions.
UBS has raised its price target for CBOE Holdings to $245 from $235 while maintaining a neutral rating, following strong first-quarter results that exceeded expectations. The stock, currently trading at $228.48, reflects a 58.44% return over the past year, driven by higher non-trading revenues and reduced expenses. Despite the positive outlook, UBS remains cautious, noting that CBOE's stock movement will likely be influenced by near-term volume trends rather than strategic changes under new CEO Craig Donohue.
UBS analyst Alex Kramm has raised the price target for CBOE Holdings to $245 while maintaining a Neutral rating, following strong first-quarter results that exceeded expectations. The stock, currently trading at $228.48, reflects a 58.44% return over the past year, with significant growth potential noted in retail and foreign markets. Despite positive developments, including the appointment of a new CEO and innovative product launches, CBOE's shares fell 1.25% in pre-market trading, indicating a cautious outlook amid slightly overvalued conditions.
UBS analyst Alex Kramm has raised the price target for CBOE Holdings (CBOE) to $245. This adjustment reflects the firm's updated outlook on the stock as of May 5, 2025.
UBS has lowered its price target for Werner Enterprises (WERN) from $30 to $27, maintaining a Neutral rating due to ongoing tariff uncertainties affecting margin improvement. Analysts project an average target price of $27.69, indicating a potential upside of 6.26% from the current price of $26.06. Despite a 7% year-over-year revenue decline, the company has secured new dedicated fleet contracts and increased its cost savings target for 2025 to $40 million, with $8 million already achieved.
Global Financial Events
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Lloyds and Halifax banking apps experience widespread outages affecting thousands of customers
13:28 06.05.2025
Lloyds and Halifax report brief outage affecting thousands of customers
12:43 06.05.2025
santander bank to close 18 branches including providence location
04:00 06.05.2025
ubs shares rise amid strong trading performance and positive analyst outlook
19:10 05.05.2025
ubs raises price target for rheinmetall shares amid defense spending boost
17:57 05.05.2025
Warren Buffet's investment strategy revealed through remarkable charts and returns
17:49 05.05.2025
ubs raises cboe price target to 245 amid strong first quarter results
17:22 05.05.2025
ubs raises cboe price target to 245 while maintaining neutral rating
17:14 05.05.2025
ubs raises price target for cboe holdings to 245 dollars
16:26 05.05.2025
ubs lowers price target for werner amid tariff uncertainties
15:32 05.05.2025
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