CoreCivic Stock Jumps Following Accelerated Stock Buyback Announcement
CoreCivic's stock experienced a significant increase after the company announced an accelerated stock buyback program.
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CoreCivic Awarded Five-Year ICE Contract for Minnesota Facility
CoreCivic has secured a new five-year contract with ICE for a 1,600-bed facility in Minnesota.
Benchmark Raises Price Target on CoreCivic (CXW)
Benchmark has increased its price target for CoreCivic (CXW), indicating a positive outlook for the company's stock.
CoreCivic Stock Performance and Investor Stake
CoreCivic stock has been down over the past year, but one fund recently acquired a $5 million stake amidst a 26% revenue surge.
Private Prisons Report $1.4 Billion Revenue Amid Immigration Detentions
Private prison companies have announced $1.4 billion in revenue, excluding an additional $1.6 billion from CoreCivic's sale of facilities, as immigration detentions continue to climb.
Citizens Bank Ends Ties with ICE Prison Contractors
Citizens Bank will cease its lending relationships with CoreCivic and GEO Group, citing changed business conditions after federal facility purchases, following months of activist pressure.
CoreCivic Awarded $1.47 Billion for Two ICE Prisons
CoreCivic, a company whose stock was listed in a Trump disclosure, has secured a $1.47 billion contract from the U.S. government for two ICE prisons, with further sales anticipated.
Scrutiny Rises Over ICE Operations and Detainee Care
ICE faces criticism for failing to justify a shooting incident in Minneapolis, and detainees at CoreCivic ICE facilities are reporting poor care, extending beyond recent measles outbreaks.
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FIFA Council Backs Infantino After Apology for World Cup Investment Plan
FIFA President Gianni Infantino received full backing from the FIFA Council after apologizing to member associations for the fallout from a proposed World Cup investment plan. The decision was made during a crisis meeting in Rabat, Morocco, solidifying his position despite earlier controversies.
CoreCivic to Redeem $238.5 Million in 4.75% Notes Due 2027
CoreCivic announced its plan to redeem $238.5 million of its outstanding 4.75% notes that are due in 2027.
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Multiple Companies Announce Q1/Q2 2026 Financial Results
Several companies, including Innospec, ICU Medical, and Grindr, have announced their first or second quarter 2026 financial results. These reports include details on earnings, revenue, dividends, and updated financial outlooks for the year.