Summarization and Sentiment Analysis for Financial News

Data is growing at an unimaginable speed around us, but what part of it is really useful information? Business leaders, financial analysts, stock market enthusiasts, researchers etc. often need to go through a plethora of news articles and data every day, and this time spent may not even result in any fruitful insights. Considering such a huge volume of data, there is difficulty in gaining precise, relevant information and interpreting the overall sentiment portrayed by the article. The proposed method helps in conceptualizing a tool that takes financial news from selected and trusted online sources as an input and gives a summary of the same along with a basic positive, negative or neutral sentiment. Here it is assumed that the tool user is familiar with the company’s profile. Based on the input (company name/symbol) given by the user, the corresponding news articles will be fetched using web scraping. All these articles will then be summarized to gain succinct and to the point information. An overall sentiment about the company will be portrayed based on the different important features in the article about the company. Keywords: Financial News; Summarization; Sentiment Analysis.