Where Is The Source Of All News Quoted In Financial Publications?
for example (taken from friday’s financial times paper), “Superscape jumped 33% as the mobile phone giant confirmed talks that could lead to an offer”. Although we are told why the price did increase by such an amount, where and when was the news of the “confirmed talks” first released to the public. The same applies for all companies, we are told why the price increased, but theres not much clarification on who/ where the news source came from. If anyone can clear this up for me, here’s 10 points for you.
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it comes from the companies themselves. Publicly listed companies are obligated to release these kinds of news.
then the news gets gathered by agencies like Reuters, Bloomberg who are into collecting financial data and news.
If you are a subscriber to their data feeds, you can get more in depth information and aggregated information about the publications.
most comes directly from the horse’s mouth – the company itself!!!