UPDATE 1-U.S. teachers' union urges pensions to cut investment in private prisons [Reuters (UK)]
CoreCivic, Inc. (CXW)
Last corecivic, inc. earnings: 2/12 04:15 pm
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ir.corecivic.com/investor-relations
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Source: Reuters
U.S. teachers' union urges pensions to cut investment in private prisons | Reuters 4 Min Read BOSTON (Reuters) - A labor union representing American teachers on Friday urged pension funds to cut their exposure to investment firms that have funneled millions of dollars into private prisons, saying the companies are getting rich on the U.S. government’s practice of separating migrant families. The American Federation of Teachers, which influences over $1 trillion in public-teacher pension plans, published a report identifying more than two dozen firms that bet on jail operators CoreCivic Inc and GEO Group Inc and defense contractor General Dynamics Corp, which has contracts with migrant shelters. It sent the report to pensions around the country, warning such investments could be hazardous. Shares of CoreCivic, formerly Corrections Corporation of America, and GEO Group began climbing after Donald Trump was elected U.S. president in November 2016. They have risen more in the last months
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CXW
News
- CoreCivic files response to wrongful death lawsuit [Yahoo! Finance]Yahoo! Finance
- CoreCivic, Inc. (NYSE: CXW) had its price target raised by analysts at Northland Securities from $17.00 to $19.00. They now have an "outperform" rating on the stock.MarketBeat
- CoreCivic, Inc. (NYSE: CXW) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $18.00 price target on the stock.MarketBeat
- An Intrinsic Calculation For CoreCivic, Inc. (NYSE:CXW) Suggests It's 22% Undervalued [Yahoo! Finance]Yahoo! Finance
- CoreCivic to Redeem 8.250% Senior Notes Due 2026 [Yahoo! Finance]Yahoo! Finance
CXW
Earnings
- 2/7/24 - Beat
CXW
Sec Filings
- 3/28/24 - Form ARS
- 3/15/24 - Form 4
- 3/15/24 - Form 8-K
- CXW's page on the SEC website