3 papers
q-fin.CP2025
Aligning Multilingual News for Stock Return Prediction
Yuntao Wu, Lynn Tao, Ing-Haw Cheng +4
News spreads rapidly across languages and regions, but translations may lose subtle nuances. We propose a method to align sentences in multilingual news articles using optimal tran…
q-fin.CP2025
Extracting the Structure of Press Releases for Predicting Earnings Announcement Returns
Yuntao Wu, Ege Mert Akin, Charles Martineau +2
We examine how textual features in earnings press releases predict stock returns on earnings announcement days. Using over 138,000 press releases from 2005 to 2023, we compare trad…
q-fin.GN2024
Understanding the Excess Bond Premium
Kevin Benson, Ing-Haw Cheng, John Hull +5
We study the drivers of the Gilchrist and ZakrajÅ¡ek (2012) excess bond premium (EBP) through the lens of the news. The monthly attention the news pays to 180 topics (Bybee et al.,…