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03:50
Energy research institution Gerdes Energy Research has released its latest report, upgrading its stock rating for the energy company Matador Resources from "neutral" to "buy".
At the same time, the institution raised its target price for Matador Resources by $1, setting the new target at $69 per share. This adjustment reflects the research institution's optimistic assessment of the company's future prospects.
03:49
Pendle launches STRC-protected fixed income exposure product srRoyAPYUSD
Foresight News reports that the yield trading protocol Pendle has announced the official launch of srRoyAPYUSD (maturing in November 2026), supported by Royco Protocol, introducing protected fixed income exposure to STRC tokens within Pendle's yield trading layer. Royco splits apyUSD into two tranches: Senior and Junior. As senior capital, srRoyAPYUSD enjoys protected yields and will only bear losses after the junior capital is exhausted. When apyUSD experiences a drawdown, the system will initiate a 30-day observation period, pausing withdrawals from senior accounts and transferring all yields to the junior tranche in order to prioritize loss absorption.
03:43
Japanese electric motor giant Nidec confirms "suspected misconduct" related to quality issues
Golden Ten Data, May 13 – According to Nikkei News, motor giant Nidec announced Wednesday that the company has uncovered "alleged misconduct" related to quality tampering and stated it plans to establish an investigative committee composed of external experts.
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