CoreCivic with ticker code (CXW) have now 3 analysts covering the stock with the consensus suggesting a rating of ''Strong_Buy''. The target price ranges between 18 and 15 with the average target price sitting at 16. Given that the stocks previous close was at 9.19 this now indicates there is a potential upside of 74.1%. There is a 50 day moving average of 10.02 while the 200 day moving average is 10.63. The market capitalisation for the company is $1,050m. You can visit the company''s website by visiting: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,829m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
CoreCivic with ticker code (CXW) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Strong_Buy''. The range between the high target price and low target price is between 18 and 15 and has a mean target at 16. With the stocks previous close at 9.74 this now indicates there is a potential upside of 64.3%. The day 50 moving average is 10.19 while the 200 day moving average is 10.65. The market capitalisation for the company is $1,141m. Find out more information at: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,874m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
CoreCivic fluctuates with political landscape. Learn more about three tailwinds that support the potential for CXW shares to rise from here.
CoreCivic, Inc. is now in a strong financial position and has launched a generous share buyback program to reward shareholders. The buyback yield is calculated around 16%.
CoreCivic found using ticker (CXW) now have 3 analysts in total covering the stock. The consensus rating is ''Strong_Buy''. The range between the high target price and low target price is between 18 and 15 with the average target price sitting at 16. Given that the stocks previous close was at 9.6 this would indicate that there is a potential upside of 66.7%. The 50 day moving average now sits at 10.51 and the 200 day MA is 10.74. The company has a market capitalisation of $1,122m. Find out more information at: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,870m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
CoreCivic found using ticker (CXW) now have 3 analysts covering the stock with the consensus suggesting a rating of ''Strong_Buy''. The range between the high target price and low target price is between 18 and 15 and has a mean target at 16. Given that the stocks previous close was at 9.77 this now indicates there is a potential upside of 63.8%. There is a 50 day moving average of 10.62 and the 200 moving average now moves to 10.77. The market capitalisation for the company is $1,183m. You can visit the company''s website by visiting: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,938m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties.
CoreCivic found using ticker (CXW) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Strong_Buy''. The target price ranges between 18 and 15 calculating the average target price we see 16. With the stocks previous close at 9.79 this is indicating there is a potential upside of 63.4%. The 50 day MA is 10.79 and the 200 moving average now moves to 10.77. The company has a market cap of $1,147m. Company Website: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,874m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
NASHVILLE, Tenn. (AP) — A private prison company has agreed to settle a federal lawsuit over a Tennessee inmate’s killing that got national attention after a judge ordered the plaintiff’s attorney to stop tweeting about it. Tennessee-based CoreCivic and attorney Daniel Horwitz, who represents the family of the Trousdale Turner Correctional Center inmate who died, noted the settlement Tuesday in a federal court filing in Nashville. The plaintiff in the lawsuit is G. Marie Newby, the mother of Terry Childress, who died in February 2021 after his cellmate assaulted him, court records show. The lawsuit, blaming low staffing levels, claims correctional officers were not making timely rounds. It sought $10 million for Newby. CoreCivic spokesperson Matthew Davio said the settlement terms are confidential, adding that the company is “pleased to have reached a mutually agreeable resolution to this case.” Horwitz said he remains unable to comment due to last month’s gag order. A judge still needs to approve the settlement.
CoreCivic with ticker code (CXW) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Strong_Buy''. The target price ranges between 18 and 15 calculating the mean target price we have 16. Given that the stocks previous close was at 9.58 this now indicates there is a potential upside of 67.0%. There is a 50 day moving average of 11.37 while the 200 day moving average is 10.72. The market capitalisation for the company is $1,131m. Company Website: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,890m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
CoreCivic, Inc. (NYSE:NYSE:CXW) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET Company Participants Cameron Hopewell – Managing Director of Investor Relations Damon Hininger –…
Corecivic press release (CXW): Q2 FFO of $0.34 misses by $0.02.Revenue of $456.7M (-1.7% Y/Y) misses by $3.36M.Adjusted diluted EPS of $0.13.Adjusted EBITDA of $78.8…
Increases Share Buyback authorization Increases Share Buyback authorization
CoreCivic found using ticker (CXW) have now 3 analysts covering the stock. The analyst consensus points to a rating of ''Strong_Buy''. The target price ranges between 18 and 15 and has a mean target at 16.67. Given that the stocks previous close was at 10.77 this indicates there is a potential upside of 54.8%. There is a 50 day moving average of 11.62 and the 200 day MA is 10.7. The company has a market cap of $1,263m. Company Website: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,955m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
Corecivic (CXW) is scheduled to announce Q2 earnings results on Tuesday, August 2nd, after market close.The consensus EPS Estimate is $0.15 and the consensus Revenue Estimate…
CoreCivic (NYSE: CXW ) is set to give its latest quarterly earnings report on Tuesday, 2022-08-02. Here''s what investors need to know before the announcement. Analysts estimate that CoreCivic will report an earnings per share (EPS) of $0.15. CoreCivic bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to … Full story available on Benzinga.com
CoreCivic found using ticker (CXW) have now 3 analysts in total covering the stock. The consensus rating is ''Strong_Buy''. The target price ranges between 18 and 15 with a mean TP of 16.67. Given that the stocks previous close was at 11 this would indicate that there is a potential upside of 51.5%. The 50 day moving average now sits at 11.64 and the 200 day MA is 10.66. The company has a market capitalisation of $1,304m. Visit the company website at: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,977m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
BRENTWOOD, Tenn., July 25, 2022 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2022 second quarter financial results after the market closes on Tuesday, August 2, 2022.
NASHVILLE, Tenn. (AP) — A federal magistrate judge has ordered an attorney suing a private prison firm over an inmate’s death to delete certain tweets — one of which describes the company as a “death factory” — and restrict his public commentary going forward. U.S. Magistrate Judge Jeffery Frensley issued the order last week in response to an argument from Tennessee-based CoreCivic that the public posts put the company’s right to a fair trial at risk. Attorney Daniel Horwitz, who is suing the company over the death of an inmate at Trousdale Turner Correctional Center, had argued that his posts amounted to constitutionally protected free speech. He said his clients and other inmates at CoreCivic facilities could benefit if public scrutiny leads to changes in their prisons. The judge agreed with the company. “Trials are meant to occur in the courtroom, not in the media,” the judge wrote. “While litigation is still pending attorneys should not actively seek out media attention that could disrupt judicial proceedings or interfere with an opposing party’s right to a fair trial.” The judge wrote that Horwitz’s obligation is “to be an advocate, not an investigative journalist,” and said the attorney could be held in contempt of court if he continues to seek news media attention in the case.
The CORECIVIC, INC. POLITICAL ACTION COMMITTEE (CORECIVIC PAC) successfully filed their F3XN JULY MONTHLY with the coverage period of 06/01/2022 to 06/30/2022 and a confirmation ID of FEC-1607368 *********CommitteeId: C00366468 | FilingId: 1607368 | FormType: F3XN | CoverageFrom: 06/01/2022 | CoverageThrough: 06/30/2022 | ReportType: JULY MONTHLY*********
During the last session, CoreCivic Inc. (NYSE:CXW)’s traded shares were 0.89 million, with the beta value of the company hitting 0.92. At the end of the trading day, the stock’s price was $11.67, reflecting an intraday gain of 5.23% or $0.58. The 52-week high for the CXW share is $14.24, that puts it down -22.02 … CoreCivic Inc. (NYSE: CXW) Stock Dropped -9.60% Over A Month – Are There Any Chances Of Growth? Read More »
CoreCivic found using ticker (CXW) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Strong_Buy''. The target price ranges between 18 and 15 and has a mean target at 16.67. Given that the stocks previous close was at 12.25 this now indicates there is a potential upside of 36.1%. There is a 50 day moving average of 12.27 and the 200 moving average now moves to 10.35. The company has a market capitalisation of $1,490m. Find out more information at: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,027m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
CoreCivic found using ticker (CXW) now have 3 analysts in total covering the stock. The consensus rating is ''Strong_Buy''. The target price ranges between 18 and 15 calculating the mean target price we have 16.67. Given that the stocks previous close was at 12.15 this indicates there is a potential upside of 37.2%. The day 50 moving average is 10.95 and the 200 day MA is 10.12. The market capitalisation for the company is $1,413m. Find out more information at: https://www.corecivic.com [stock_market_widget type="chart" template="basic" color="green" assets="CXW" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,939m based on the market concensus. CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
In this article, I compare CXW''s and GEO''s valuation in a quick DCF framework. Click to read more.
BRENTWOOD, Tenn., July 14, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) today announced their participation in Noble Capital Markets Virtual Road Show Series, presented by Channelchek, scheduled for July 15, 2021.
By M. Marin NYSE:CXW READ THE FULL CXW RESEARCH REPORT Asset Divestitures Advance Balance Sheet Objectives CoreCivic (NYSE: CXW ) announced yesterday that it has completed the divestiture of non-core assets that it
NGP Group Acquires 1 Million-Square-Foot Portfolio From Private Prison Giant
Noble Financial Stick to Their Buy Rating for CoreCivic Inc
BRENTWOOD, Tenn., June 29, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it has consummated the sale of 100% of the membership interests of SSA Baltimore Holdings, LLC, a wholly-owned unrestricted subsidiary of the Company and the owner of the approximately 541,000 square-foot Social Security Administration office building in Baltimore, Maryland ("SSA-Baltimore"). Earlier in the second quarter of 2021, the Company completed the sale of two additional properties, its approximately 277,000 square-foot office property ("Capital Commerce Center") and its approximately 217,000 square-foot warehouse property ("NARA Property") in a single transaction. These three properties were sold for an aggregate sales price of $326.0 million. The Company had purchased all three properties in 2018 in separate transactions for an aggregate gross purchase price of $293.6 million.
CoreCivic found using ticker (CXW) now have 3 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 15.6 and 10.85 with a mean TP of 13.82. With the stocks previous close at 11.15 this indicates there is a potential upside of 23.9%. There is a 50 day moving average of 9.44 and the 200 moving average now moves to 8.17. The company has a market cap of $1,323m. You can visit the company''s website by visiting: /> [stock_market_widget type="chart" symbol="CXW" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
CoreCivic with ticker code (CXW) now have 2 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 15.6 and 15 calculating the mean target price we have 15.3. With the stocks previous close at 11.41 this is indicating there is a potential upside of 34.1%. There is a 50 day moving average of 8.43 while the 200 day moving average is 7.88. The company has a market cap of $1,369m. Find out more information at: /> [stock_market_widget type="chart" symbol="CXW" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
HELENA Montanas Department of Corrections is wrapping up negotiations on another two-year contract with Tennessee-based CoreCivic to operate and expand a 600-bed private prison in Shelby, Corrections Director Brian Gootkin said. The companys current two-year contract to operate the Crossroads Correction Center expires at the end of the month, the Montana State News Bureau [] The post Montana Nearing Another 2-year Contract with Private Prison appeared first on Flathead Beacon .
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Li Auto Inc. (NASDAQ:LI) with the stream of -3.58% also noticed, India CoreCivic, Inc. (NYSE:CXW) encountered a rapid change of 19.62% in the last hour of trading session. Li Auto The post Signals from Technical Perspective: Li Auto Inc. (NASDAQ:LI), CoreCivic, Inc. (NYSE:CXW) appeared first on Stocks Equity .
CoreCivic with ticker code (CXW) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 15.6 and 15 and has a mean target at 15.3. With the stocks previous close at 9.03 this indicates there is a potential upside of 69.4%. The 50 day moving average now sits at 8.14 and the 200 day moving average is 7.77. The company has a market cap of $1,119m. Find out more information at: /> [stock_market_widget type="chart" symbol="CXW" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
CoreCivic with ticker code (CXW) now have 2 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 15.6 and 15 with the average target price sitting at 15.3. With the stocks previous close at 7.63 this would imply there is a potential upside of 100.5%. There is a 50 day moving average of 8.04 and the 200 moving average now moves to 7.7. The market cap for the company is $942m. Find out more information at: /> [stock_market_widget type="chart" symbol="CXW" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.
LAS VEGAS (AP) A federal appeals court said Friday the nations largest private prison corporation can be held liable for negligence by a man who spent almost a year in solitary confinement at a southern Nevada facility without ever seeing a judge on marijuana-related charges. The 9th U.S. Court of Appeals in San Francisco said a jury can hear Rudy Riveras lawsuit claiming that CoreCivic Inc. employees failed to tell the U.S. Marshals Service while Rivera languished in custody from November 2015 to October 2016 at the Nevada Southern Detention Center outside Las Vegas. A reasonable jury could find that CoreCivic caused plaintiffs prolonged detention by failing to notify the Marshals of his continued detention without a hearing and by discouraging and preventing him from seeking outside help, a panel of three judges said. CoreCivic officials in Brentwood, Tennessee, and at the prison in rural Pahrump did not immediately respond to email messages from The Associated Press. The resurrected case now returns to U.S.
BRENTWOOD, Tenn., May 28, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it has entered into a new three-year contract with Mahoning County, Ohio to utilize up to 990 beds at the Company''s 2,016-bed Northeast Ohio Correctional Center. Mahoning County is responsible for County inmates and federal detainees, and the County expects to use the Northeast Ohio facility to address its population needs.
Noble Financial analyst Joe Gomes maintained a Buy rating on CoreCivic (CXW) today and set a price target of $15.00. The post Noble Financial Keeps Their Buy Rating on CoreCivic (CXW) appeared first on Smarter Analyst .
U.S. private prison company GEO Group said on Wednesday it would suspend quarterly dividend payment to repay debt and fund growth as it faces pressures under limits on the sector from President Joe Biden. Earlier this year, Biden signed an executive order to roll back the U.S. government's use of private prisons, a part of what he called an initiative to tackle systemic racism. Another private prison, CoreCivic Inc, has said it would offer $400 million in bonds to reduce debt and for corporate purposes.
Immigrant detainees at a facility in New Mexico run by CoreCivic Inc were not the private prison operator's employees and were not owed the minimum wage for their participation in a work program, a U.S. appeals court ruled on Friday.
By Kaylee Greenlee – A private prison is struggling to find facilities to take in nearly 800 inmates before its contract with the federal government expires in three months, Cleveland.com reported. CoreCivic operates the Northeast Ohio Correctional Center in Youngstown, Ohio, through a contract with the U.S. Marshals Service that expired Sunday, Cleveland.com reported. The […]
Migrants have shared their experiences at privately-run US Immigation and Customs Enforcement (Ice) detention centers during the Covid-19 pandemic. Alonzo and Javier were held at La Palma Correctional Center; they alleged the treatment many received was ‘inhumane’. At Eloy Detention Center, Carmen claimed medical staff would only tell them to ‘drink water’ regardless of symptoms. José, who was held at Central Arizona Florence Correctional Complex and La Palma, said for months he was barely able to go outside. Alejandro, who was also held at Central Arizona Florence, said at times there were up to 64 people living in his tank. These audio recordings were captured as part of a project covering the world’s largest for-profit immigration detention system. ‘We’ve commodified human displacement,’ said artist David Taylor, who in recent months used drones to take aerial photography and video of centers near the US southern border, in California, Arizona and Texas. All detainees featured in this video were held at facilities operated by CoreCivic, which disputes allegations about conditions and said it was committed to health and safety.
CoreCivic (NYSE:CXW) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, February 10th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link. CoreCivic (NYSE:CXW) last released its earnings results on […]
Alabama Department of Corrections will Staff and Operate Two Correctional Facilities to be Constructed and Owned by CoreCivic MONTGOMERY, AL (STL.News) Alabama Governor Kay Ivey and the Alabama Department of Corrections (ADOC) today signed agreements to lease two new men’s correctional facilities to be constructed by CoreCivic’s Developer Team (CoreCivic; Caddell Construction; DLR Group; and R&N Systems Design). The State signed one lease agreement with Government Real Estate Solutions of Central Alabama, LLC, a CoreCivic entity, for Facility Two (Elmore County Facility), which will be constructed on Rifle Range Road in Tallassee, Alabama, and will specialize in the inmate population’s medical and mental health needs. The State signed a second lease agreement with Government Real Estate Solutions of South Alabama, LLC, a CoreCivic entity, for Facility Three (Escambia County Facility), which will be constructed on Bell Fork Road near Atmore, Alabama. The term of each lease agreement is 30 years.
A divided U.S. appeals court panel on Wednesday said a federal law prohibiting forced labor applies to immigrant detention centers, rejecting private prison operator CoreCivic Inc's claim that federal regulations allow it to pay detainees as little as $1 per day to cook,…
Private prison stocks Corecivic Inc (NYSE: CXW ) and The GEO Group Inc (NYSE: GEO ) took a big hit on Wednesday and Thursday as Democrat Joe Biden's victory in the U.S. presidential election looked increasingly likely. Prison stocks were some of the biggest winners following Donald Trump’s election victory back in 2016, but investors believe a Biden presidency could put the future of the industry at risk. Biden On Prisons: A Biden administration pledges to “stop corporations from profiteering off of incarceration,” according to the candidate's campaign website . “Biden will end the federal government’s use of private prisons, building off an Obama-Biden Administration’s policy rescinded by … Full story available on Benzinga.com
BRENTWOOD, Tenn., Nov. 04, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third…
How One Trader Is Betting On A "Surprise" Trump Victory Tyler Durden Tue, 11/03/2020 - 08:30 Submitted by Harris Kupperman from Adventures in Capitalism My Trump Trades Let’s start with a disclaimer here. I’m not a professional pollster. With few exceptions, most of the professional pollsters are on the opposite side of this trade. I’m a contrarian and that means I am bound to get a few of these wrong. With that disclaimer out of the way, the early voting data shows Trump with a small lead and as the days have gone by, the voting has consistently turned “redder,” while the remaining potential voter pool shrinks. Nothing is a sure thing in elections, but I see independents swinging for Trump and there’s a surprisingly large net wobble amongst Democrats. I have spent a lot of time going through the data and don’t want to focus this article on the minutiae of numbers (especially as I may have interpreted it all wrong). Instead, let’s talk about my passion; setting up a low-risk, high-reward, Event-Driven trade, with a view that Trump likely has this one in the bag and everyone is leaning the wrong way.
A federal appeals court on Tuesday ruled that every individual interception of an attorney-client phone call by private prison operator CoreCivic Inc, rather than its recording pattern as a whole, counts as separate violation of federal and Nevada wiretap laws.
CoreCivic, Inc. (NYSE:CXW) was the target of some unusual options trading activity on Wednesday. Traders purchased 14,259 call options on the stock. This represents an increase of 680% compared to the average daily volume of 1,828 call options. Several research firms recently commented on CXW. Zacks Investment Research lowered shares of CoreCivic from a “hold” […]