Digital media and risk cultures: an introduction -- Major players of risk communication -- Communicating stock quotes -- Communicating national affairs -- Communicating company information -- Stock commentators and commentary -- Conclusion

Digital media and risk cultures: an introduction -- Major players of risk communication -- Communicating stock quotes -- Communicating national affairs -- Communicating company information -- Stock commentators and commentary -- Conclusion.

We examine the role of newswires in identifying and conveying market-moving information in periodic SEC reports to capital market participants. Using data on Dow Jones Newswires, we find that newswires are more likely to send alerts on firms not releasing preliminary earnings, having credit...