News Release Research Articles

Impact of Public News Sentiment on Stock Market Index Return and Volatility

Recent advances in natural language processing have contributed to the development of market sentiment measures through text content analysis in news providers and social media. The effectiveness of these sentiment variables depends on the imple- mented techniques and the type of source on which they are based. In this paper, we investigate the impact of the release of public financial news on the S&P 500. Using automatic labeling techniques based on either stock index returns or dictionaries, we apply a classification problem based on long short-term memory neural networks to extract alternative proxies of investor sentiment. Our findings provide evidence that there exists an impact of those sentiments in the market on a 20-minute time frame. We find that dictionary-based sentiment provides meaningful results with respect to those based on stock index returns, which partly fails in the mapping process between news and financial returns.

In Case You Haven't Heard…

The U.S. House of Representatives on Dec. 11 honored former first lady Rosalynn Carter's 50 years of leadership to improve mental health care and diminish the stigma against mental illnesses. “Rosalynn Carter has championed the rights of people with mental illnesses throughout her entire career of public service,” Carter Center CEO Paige Alexander stated in a news release. “No one has cared more and done more to see that people with mental illnesses can get the treatments and opportunities they deserve, and no one deserves this honor more. Today, mental health matters are part of the mainstream conversation about overall health, in large part because of Mrs. Carter's efforts.” The resolution read in part, “Now, therefore, be it Resolved, That the House of Representatives — (1) hereby expresses its profound gratitude, on behalf of the people of the United States, to Rosalynn Smith Carter for her lifetime of accomplishments and commitment on behalf of those affected by mental health disorders and substance use disorders.…” The Carter Center was founded by Jimmy and Rosalynn Carter in 1982.

The Impact of Public Announcements and Private Analyses on US Treasury Bonds

This article examines the informational role of trading around the announcement of 8:30 a.m. economic news in the US Treasury market, and investigates whether there is speculative trading before the US news release in the US and London markets. The current paper extends Green’s (2004) study of 5-year notes into a study of 2-, 5-, and 10-year notes, and confirms Green’s finding that the informational role of trading increases following announcements. The results indicate that the informational role of trading before the US news release is significantly greater in the London market, and that the order flow of the London market is significantly and positively related to post-announcement return when the surprise in the US economic news is high, which implies that traders trade speculatively in the London market. TOPICS:Volatility measures, developed markets, other real assets Key Findings ▪ Informed trading before the US news release is greater in the London market. ▪ Traders speculate in the London market before high-surprise US economic news. ▪ Some traders in the US Treasury market are able to forecast future price changes.

Morgan Stanley grants $1.3 million to Columbia University psychiatry department

Morgan Stanley has reported a grant of $1.3 million to the Columbia University Department of Psychiatry in the Vagelos College of Physicians and Surgeons to advance children's mental health research in an effort to raise awareness, drive innovation and inform intervention strategies and actions, Close‐up Media Inc. reported Nov. 28. Specific research areas include the impact of telehealth treatment, use of technology to assess adolescent depression, and the impact of COVID‐19 and digital technology use on Latinx youth's mental health, according to a news release. “The COVID‐19 pandemic will be accompanied by a wave of mental health consequences for children, adolescents, and families. Unfortunately, these mental health sequelae are super‐imposed upon the long‐standing and persistent problems of racial and social injustice,” said Jeremy Veenstra‐VanderWeele, M.D., director of the Division of Child & Adolescent Psychiatry in the Department of Psychiatry at Columbia University Vagelos College of Physicians and Surgeons and the New York‐Presbyterian Morgan Stanley Children's Hospital.

The Effectiveness of using SMS Instalment Alert Platform on Customer Satisfaction in the Retail Clothing Stores in Zimbabwe

The study was focusing on the effectiveness of using (SMS) instalment platform as a way of meeting customer satisfaction at Edgars stores Ltd in Zimbabwe. The main objective of the research was to measure the effectiveness of SMS installment platform on customer satisfaction. Causal research design was employed and a simple random sampling technique was used in selecting the respondents. Questionnaires were used to gather data from a sample size of 357 consisting of 342 customers and 15 staff members of Edgars’ stores Ltd. The data collected was analyzed through the use of SPSS version 20 in order to determine the strength of the relationship and the moderating effect. The data findings were presented in form of tables. The research findings from the hypothesis tests explored that there is a strong significant and positive relationship between SMS installment platform service and customer satisfaction. The study recommended the company to use SMS platform for other promotion activities like sending bonus vouchers, news release and advertisements. This will encourage more customers to shop hence improved market share. The SMS platform can also be used to give after sales services and other personalized information and birthday wishes. All these will increase customer satisfaction.

News release and the role of different types of investors

We examine how investors react to positive and negative news in the Chinese stock market. We show that positive news is followed by a reversal in stock price, while negative news reports are accompanied by a drift. Using a unique account-level dataset, we find that institutional investors' attention bias contributes to the market's absorption process for different types of news, which is different from the conclusion that the phenomenon is driven by retail investors in the U.S. market. We explain the differences between the two markets as the short-sale constraints induce the attention bias of institutional investors in China. Individual investors are not able to correctly judge the content of news reports, and act as a liquidity provider. We highlight the market regulation plays an important role in the process of investors analyzing information.

When Does Attention Matter? The Effect of Investor Attention on Stock Market Volatility Around News Releases

We empirically investigate how retail and institutional investor attention is related to the way stock markets process information. With a focus on 360 US stocks in the S&P 500 universe, our results show that higher retail investors' attention around news releases increases the post-announcement stock return volatility, whereas institutional investor attention has a small but negative impact on volatility on days following news releases on average over the cross-section of companies. These findings are in line with the hypotheses that attention of retail investors slows price-adjustments to new information and attention of institutional investors results in the opposite reaction. We show that these effects are heterogeneous in the type of news and the topic of the information being released. A portfolio allocation application highlights that these results are not only statistically significant but also sizeable in economic terms and can lead to an overperformance as large as dozens of basis points.

In Case You Haven't Heard…

Adolescents — especially girls — who devote more time to extracurricular activities and less than two hours to screen time after school have better mental health, according to a study from the University of British Columbia published in Preventive Medicine, CNN reported Nov. 4. Both factors were associated with higher levels of life satisfaction and optimism and lower levels of anxiety and depression, the study said. Longer screen time was particularly harmful for girls, as researchers saw a “significantly more pronounced” association between more screen time and worse mental health, the study said. But it's not healthy for either gender: Screen time that went beyond the recommended limit of two hours was still significantly associated with lower satisfaction and optimism among boys and girls, the study said. “Although we conducted this study before the COVID‐19 pandemic, the findings are especially relevant now when teens may be spending more time in front of screens in their free time if access to extracurricular activities, like sports and arts programs, is restricted due to COVID‐19,” said Eva Oberle, lead author of the study, in a news release.

The Analysis Impact of Bad News and Good News to Stock Return of State-Owned Banks Sebsector in Indonesia Period 2018

This study aims to determine and analyze the impact of bad news and good news on changes in stock returns of the four state-owned banks of Indonesia, period 2018. The population of this study is consists of four state-owned banks in Indonesia. Using a saturated sampling technique obtained four sample companies. Event study used to examine abnormal return around good news and bad news press release (announcement) date. The analysis technique used is Statistics Descriptive, One Sample Kolmogorov-Smirnov, Paired Sample T-Test, and Wilcoxon Sign Rank Test. There is no significant difference between before and after the press release of bad news. From ninety-six press releases of good news, five press releases showed there is a significant differences between before and after the press release of good news.

Gov. Holcomb secures 10‐year extension of Healthy Indiana Plan

Governor Eric J. Holcomb announced that Indiana has received approval to continue its successful alternative to traditional Medicaid expansion — the Healthy Indiana Plan (HIP) — for 10 more years, Targeted News Service reported Oct. 27. This allows the state to continue health coverage for more than 572,000 low‐income adult Hoosiers, a news release stated. “[The Oct. 26] extension empowers more than half a million Hoosiers to continue receiving quality health care coverage from our innovative HIP program,” Holcomb said. “Additionally, the approval from the U.S. Centers for Medicare and Medicaid Services grantsfive‐year extensions of some of the newer components of Indiana's HIP program that have provided treatment for substance use disorder and serious mental illness for 88,000 Hoosiers across all Medicaid programs. “This 10‐year extension of the successful Healthy Indiana Program allows the state to make new progress on the kind of patient‐centered health care system President Trump envisions,” said Holcomb. State innovation is an opportunity to test out ideas for delivering our ultimate goal of better health and well‐being, and we encourage states to continue working with us, like Indiana has, to tailor their programs to their unique needs.”

APA poll finds rise in anxiety related to COVID‐19, election

A new public opinion poll released Oct. 21 by the American Psychiatric Association (APA) found that 62% of Americans feel more anxious than they did at this time last year. That marks a sizeable increase over APA polls of the past three years, in which the number has ranged between 32% and 39%, APA officials stated in a news release.

CSR, Media and Stock Illiquidity: Evidence from Chinese Listed Financial Firms

This paper examines the dynamic relationship among stock illiquidity, corporate social responsibility (CSR) news release and media tone. Using news from 93 news publishers, we investigate the circumstance in which public news release is related to illiquidity by employing the EGARCH-M and the FIGARCH models. The results indicate that CSR news release has a negative and significant impact on stock illiquidity, and media tone effect is asymmetric. Both CSR news and other firm specific general news reduce the volatility persistence and long memory property of stock illiquidity. The sources of news releases matter in impacting stock illiquidity.

Fluoropolymers don’t deserve “low concern” label

The industry-backed conclusion that fluoropolymers pose low concern of risk to human health and the environment lacks scientific rationale, say researchers from Europe and the US ( Environ. Sci. Technol . 2020, DOI: 10.1021/acs.est.0c03244 ). Fluoropolymers such as widely used polytetrafluoroethylene—formerly branded as Teflon—“are large, stable, inert polymeric molecules that are too large to cross biological membranes,” the Performance Fluoropolymer Partnership responds in a statement. The group represents the companies around the world that manufacture, formulate, or process fluoropolymers. These materials don’t present a significant concern for human health or the environment and meet the criteria for “polymers of low concern” set by the Organization for Economic Cooperation and Development, the industry partnership says. Earning the designation as a polymer of low concern “can lead to exemptions from regulatory requirements in some jurisdictions,” Rainer Lohmann , the lead author of the new paper, says in a news release. Lohmann, an

In Case You Haven't Heard…

A worldwide survey conducted during the first wave of the COVID‐19 pandemic found that people with certain common personality traits were less likely to shelter at home when government policies were less restrictive, according to research published by the American Psychological Association (APA). “We found that people who scored low on two personality traits — openness to experience and neuroticism — were less likely to shelter at home in the absence of stringent government measures, but that tendency went away when more restrictive government policies were implemented,” Friedrich Götz, MPhil, a doctoral candidate at the University of Cambridge and lead author of the study, stated in an APA news release. “Initially, this was a bit astounding, as open individuals have traditionally been shown to be prone to risk taking, willing to deviate from cultural norms and likely to seek out and approach novel and unfamiliar things — all of which would arguably put them at greater risk to ignore sheltering‐in‐place recommendations. However, at the same time, openness is also related to accurate risk perceptions, universalism and humankind identification. Thus, in the digitalized world in which the current pandemic occurred, these qualities may have led open individuals to follow the COVID‐19 outbreak in other countries, realize its severity and act accordingly.”

In Case You Haven't Heard…

The COVID‐19 pandemic has disrupted or halted critical mental health services in 93% of countries worldwide while the demand for mental health is increasing, according to a new World Health Organization (WHO) survey. The survey of 130 countries provides the first global data showing the devastating impact of COVID‐19 on access to mental health services and underscores the urgent need for increased funding, a news release stated. The survey was published ahead of WHO's Big Event for Mental Health — a global online advocacy event on Oct. 10 that brought together world leaders, celebrities and advocates to call for increased mental health investments in the wake of COVID‐19. The survey was conducted from June to August 2020. It evaluates how the provision of mental, neurological and substance use services has changed due to COVID‐19, the types of services that have been disrupted and how countries are adapting to overcome these challenges. Countries reported widespread disruption of many kinds of critical mental health services: Over 60% reported disruptions to mental health services for vulnerable people, including children and adolescents (72%) and older adults (70%), and 67% saw disruptions to counseling and psychotherapy.

Mobility on Deck for Advanced Practice Registered Nurses

On August 12, 2020, the National Council of State Boards of Nursing (NCSBN) convened a virtual Delegate Assembly. The agenda included the adoption of a new interstate licensure compact for advanced practice registered nurses (APRNs). The proposal received support from the majority of NCSBN delegates, and the journey toward licensure mobility for APRNs can begin once again ( National Council of State Boards of Nursing, 2020a National Council of State Boards of Nursing NCSBN considers pertinent association business with its members at its 2020 Annual Meeting [News release]. https://www.ncsbn.org/14928.htmDate: 2020, August 13 Google Scholar ). Nicole Livanos, JD, MPP, is a Senior Associate, State Advocacy and Legislative Affairs, Nursing Regulation, NCSBN, Chicago, Illinois.

Anesthesiology in the News

Anesthesiology in the News| October 2020 Anesthesiology in the News ASA Monitor October 2020, Vol. 84, 38–39. https://doi.org/10.1097/01.ASM.0000718860.18871.26 Views Icon Views Article contents Figures & tables Video Audio Supplementary Data Peer Review Share Icon Share Facebook Twitter LinkedIn MailTo Cite Icon Cite Get Permissions Search Site Citation Anesthesiology in the News. ASA Monitor 2020; 84:38–39 doi: https://doi.org/10.1097/01.ASM.0000718860.18871.26 Download citation file: Ris (Zotero) Reference Manager EasyBib Bookends Mendeley Papers EndNote RefWorks BibTex toolbar search Search Dropdown Menu toolbar search search input Search input auto suggest filter your search All ContentAll PublicationsASA Monitor Search Advanced Search During Patient Safety Awareness Week (March 8-14), ASA educated patients on the “six things they should know before having outpatient surgery.” A news release discussing important factors that could lead to increased patient satisfaction and safer outcomes, which quoted ASA President Mary Dale Peterson, MD, MSHCA, FACHE, FASA, was featured in HealthDay and U.S. News & World Report, among other outlets. A mat release (a feature article that appears in newspapers or online to complement staff-written material) on the topic ran in 1,124 news outlets, including the Chicago Tribune, Houston Chronicle, and Los Angeles Times. Additionally, Chair of ASA's Committee on Ambulatory Surgical Care, Steven Gayer, MD, participated in a live, 30-minute interview on Doctor Radio's “Interventional Cardiology,” regarding ways patients can ensure a safe surgery and recovery when having an outpatient procedure. “Patient safety is one of the most important aspects of what we do. The first thing we... You do not currently have access to this content.

Sustainable development news and stock market reaction: Evidence from the 2017 Newsweek Green Ranking release

AbstractWe study the stock market reactions of the 500 largest U.S. firms that were included in 2017 Newsweek Green Ranking. The event study methodology is used to measure the 500 firms' stock market performances around the Newsweek “green score” release date. We find that in general stock market reacts negatively to sustainable development news release, while further investigation suggests that the negative abnormal returns seem to be driven mainly by the firms with green scores of zero. Our results suggest that the stock market is punishing the firms that devote little or no effort to their environmental policy to become socially responsible citizens.

Tennessee expands Behavioral Health Safety Net to children

The Tennessee Department of Mental Health and Substance Abuse Services (TDMHSAS) and its community mental health provider partners are expanding the state's Behavioral Health Safety Net (BHSN) to uninsured children, a department news release stated Sept. 10. The program offers an array of essential mental health services for uninsured Tennessee children ages 3 to 17. Services are available for family incomes at or below 138% federal poverty level. Gov. Bill Lee and the Tennessee General Assembly appropriated $7.6 million in new state funding in the current fiscal year to create the Children's BHSN. Services available through the Children's BHSN include assessment and evaluation, individual therapy, group therapy, family therapy, case management, transportation, family support services, medication management, and pharmacy assistance and coordination. A total of 14 community mental health centers with 136 locations statewide are participating in the program. The creation of the Children's BHSN complements the state's investment in the TDMHSAS School‐Based Behavioral Health Liaison program. Gov. Lee and the General Assembly appropriated more than $3 million in new state funding to expand the program to cover all 95 Tennessee counties.

Trump, Biden Differ on Approach to MH Policies

Trump, Biden Differ on Approach to MH Policies