An independent magazine about the history and workings of the business press. It is not the former website on this domain, nor the editorial office of the journal Lizing Revyu (Leasing Review) or any other publication; their materials are not reproduced here. Not investment advice.

Analysis

Analysis

Breaking down a business article means trying to understand what it reports, on what grounds and in which genre. This skill is useful not only to professionals: it helps you read any headline about companies, markets and indices more calmly. Below are six steps of analysis, a table of the signs that set news apart from analysis and advertorials, and an important caveat.

“How does the author know this?” is the most useful question you can ask of a business text.

— From the editors

How to break down a business article

  1. Identify the genre

    Are you reading a news story, an analytical review, an interview, a column, a press release or an advertorial? The genre determines how you should read everything else.

  2. Find the key fact

    Sum up in one sentence what exactly is being reported. If you can't, the text may contain more opinion than fact.

  3. Check the sources

    See what the author relies on: documents, company filings, official announcements or anonymous sources. The more specific the reference, the easier it is to check.

    The phrase “according to the company's financial statements” can be checked against the statements themselves; the phrase “it has become known” can only be checked against other sources.

  4. Examine the figures

    Pin down the period, the units and the basis of comparison. Percentages without the underlying values and comparisons of different periods easily create a false impression.

    A figure that has “doubled” may signal a major event or merely a change in a very small starting value.

  5. Separate facts from opinions

    Pick out the words that express opinion: “record”, “disastrous”, “expected”. Note whose opinion it is: the author's, an interviewee's or the company's own.

  6. Look for labels

    Check for an “advertisement”, “paid content” or “sponsored content” label. Its presence changes how the text should be understood.

News, analysis or advertising

FeatureNewsAnalysisAdvertorial
PurposeTo report what happenedTo explain causes and connectionsTo promote a company, product or service
SourcesDocuments, official announcements, eyewitnessesData for different periods, comparisons, expert opinionInformation from the client itself
OpinionsKept to a minimum and attributed to those quotedPresent, but backed by argumentAs a rule, positive only
LabelsNews section, author or agency byline“Analysis”, “review” or “column” section“Advertisement”, “paid content”, “sponsored content”
How to read itAs a report of factAs reasoned opinionAs the position of an interested party
  • People and authors

    Roles at a business publication and how to read a byline, the masthead and an “advertisement” label.

  • Articles

    Magazine topics: business press history, genres, company results and indices in the news, trade journals, archives. Plus the article catalogue.

  • Events

    Which events the business press covers, how the business calendar works and how to check a news story about an event.

Sources

  • Encyclopaedic sources on the history of the press

Historical information is based on open official and encyclopaedic sources. Laws and publication policies may change, so always check the current versions in official sources.