In a trading strategy, news analysis refers to the measurement of the various qualitative and quantitative attributes of textual (unstructured data) news stories. Some of these attributes are: sentiment, relevance, and novelty. Expressing news stories as numbers and metadata permits the manipulation of everyday information in a mathematical and statistical way. This data is often used in financial markets as part of a trading strategy or by businesses to judge market sentiment and make better business decisions.
(-- Wikipedia)
All relevant news items about entities are classified and quantified according to their sentiment, relevance, topic, novelty, and market impact; the result is a data product that can be segmented into many distinct benchmarks and used in a variety of applications.