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Stock news
The prison operator announced some bad news, but the real problem is the longer-term trend at which it hints.
BRENTWOOD, Tenn., Feb. 25, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that, effective March 1, 2021, it has entered into a 90-day contract extension with the United States Marshals Service ("USMS") at the Company's 2,016-bed Northeast Ohio Correctional Center. The USMS has notified the Company that it does not anticipate extending the contract following the 90-day extension. While the Company is not currently aware of alternative locations where the USMS c...
We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we revert to a ‘pre-corona’ market situation. There is also inflation to take ...
BRENTWOOD, Tenn., Feb. 18, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that, effective March 1, 2021, Dr. Glenda Baskin Glover will be appointed as a member of the Company's Board of Directors, expanding the size of the Board from eleven to twelve directors, ten of whom are independent, and expanding the number of board seats held by women to one-third. Dr. Glover is President of Tennessee State University, Nashville's only public university, and a premier,...
By M. Marin NYSE:CXW READ THE FULL CXW RESEARCH REPORT CoreCivic’s (NYSE:CXW) 4Q20 results reflect the impact of lower occupancy rates as a result of the COVID-19 pandemic. Government initiatives to curb the spread of COVID-19 among the prison populations and ICE initiatives to contain the spread of COVID-19 through tighter control over the southern U.S. border have led to lower numbers of people
Image source: The Motley Fool. CoreCivic, Inc. (NYSE: CXW)Q4 2020 Earnings CallFeb 11, 2021, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning.
NEW YORK, NY / ACCESSWIRE / February 11, 2021 / CoreCivic, Inc. (NYSE:CXW) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 11, 2021 at 11:00 AM Eastern Time.
BRENTWOOD, Tenn., Feb. 10, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the fourth quarter and full year 2020. Financial Highlights – Full Year 2020 Total revenue of $1.91 billion CoreCivic Safety revenue of $1.71 billionCoreCivic Community revenue of $106.0 millionCoreCivic Properties revenue of $93.1 million Net income attributable to common stockholders of $54.2 millionDiluted EPS per share of $0.45Adjusted diluted EPS of $1.32No...