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The Corrections Corporation of America (CCA), which became CoreCivic in October 2017, as well as the industry as a whole, rebounded in the early 2000s. This followed a massive increase in detentions of undocumented immigrants by the federal government in the wake of the 9/11 attacks, which created a new market for its facilities. From 2001 to ...
Nashville, Tenn.-based Corrections Corporation of America has won a contract extension from the California Department of Corrections, the company announced Wednesday, extending its contract length ...
In response to a federal order to reduce overcrowding at the state's prison facilities, the California Department of Corrections and Rehabilitation started leasing the facility in 2013 for $28.5 million yearly. [3] [6] Former guards, previously privately contracted, transferred to become state correctional officers after eight weeks of training ...
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares ...
Nashville, Tenn.-based Corrections Corporation of America got a little bigger last week, when the prisons operator purchased privately held Correctional Alternatives for $36 million. The purchase ...
In 1983, he was a co-founder of CoreCivic, formerly Corrections Corporation of America (CCA), a private prison management company. He was its president and chief executive officer from 1983 to 1987, and its chairman from 1987 to 1994.
There's no foolproof way to know the future for Corrections Corporation of America (NYS: CXW) or any other company. However, certain clues may help you see potential stumbles before they happen ...
Otay Mesa Detention Center is a minimum/medium security federal prison for men, managed by CoreCivic [1] under contract with the United States Marshals Service and U.S. Immigration and Customs Enforcement (ICE).