Refers to over-the-counter trading. A news story concerning the stock being considered has recently been posted on one of the news services, such as the Dow Jones news service or Reuters . A courtesy standard in trading is to mention that "news is out", in case the other party is unaware of the new development.
"NEWS OUT"
Meaning of "NEWS OUT" in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012