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The Latest Breaking News from CoreCivic

Private Prison Companies Poised for Windfall as Trump Admin Outlines $45B Plan to Revolutionize Immigrant Detention

Private prison companies stand to benefit significantly from a sweeping new plan proposed by the Trump administration to overhaul the U.S. immigrant detention system.

Latin Times

More People in ICE Custody Means Smaller Meals and Delayed Medical Care, Detainees Say

Those being held say they're having to gather donations to clothe and feed the new arrivals.

Capital & Main

ICE to Resume Detaining Migrant Children at Texas Center Targeted for Mistreatment Allegations

The Biden administration ended the practice of detaining families at the site, converting some family detention centers into processing facilities aimed at releasing migrants within 72 hours

Latin Times

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Trump admin resumes detention of migrant families and kids. Critics warn it’s the ‘start of another dark chapter’

‘We need family residential centers,’ border czar Tom Homan said this week

The Independent UK

South Texas immigration detention center with capacity for 2,400 people to reopen

The Biden administration shuttered the Dilley facility last year because of high operating costs. It’s expected to hold immigrant families under the Trump administration.

The Texas Tribune

Privately run immigration detention center that previously held families in Texas will reopen

A private prison company says it will reopen an immigrant detention facility in Texas that previously held families with children for U.S. Immigration and Customs Enforcement CoreCivic announced the contract with ICE and the city of Dilley on Wednesday

The Independent UK

Stocks To Watch: CoreCivic Sees Relative Strength Rating Rise To 84

CoreCivic sees its Relative Strength Rating enter the 80-plus level.

Investors Business Daily

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Abuse claims are rife in California detention centers. Now the facilities are poised to expand

A court has allowed one of state’s largest centers to resume operations, weeks after reports Ice wants to build new ones

The Guardian - US

Complaint Alleges Staff At Center Holding Asylum Seekers in New Mexico Deal Drugs at The Facility

The private prison is owned and operated by CoreCivic, the same company in charge of the Torrance facility where detainees have also reported abuse

Latin Times

ICE Already Receiving Proposals To Expand Detention Capabilities in Six States

Private companies, including CoreCivic and GEO Group, submitted proposals that could collectively add between 6,650 and 12,000 detention beds nationwide

Latin Times

Fights at Tennessee prison kill 1 inmate and injure 5 others

A Tennessee inmate has died and five others were injured after fights erupted at a privately run state prison

The Independent UK

'Very Tough' Mass Deportations Under Trump Fuel This Prison Stock

Planned immigration crackdown could raise need for ICE detention beds and reactivate a lost contract.

Investors Business Daily

Biden extended contracts to private immigration jails despite reports of ‘horrific’ conditions

Congress, federal watchdogs and advocates call for closures of facilities as DHS inspector general reports medical shortages, sanitation violations and neglect of detainees

The Guardian - US

Mass Deportations Could Get an Unexpected Head Start Thanks to Biden's Permissive Stance on Private Prisons

ICE is currently negotiating at least 14 contracts with private prison companies despite Biden's initial pledge to end such practices

Latin Times

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The Guardian - US

Revealed: Biden lays groundwork to expand immigration jails as Trump readies for office

In the past year, the Biden administration has extended contracts for private sector jails before Trump’s plan for mass deportations

Al Jazeera

Private contractors in US eye windfall from Trump’s push to deport migrants

Trump’s pledge to pursue ‘mass deportation’ is likely to increase demand for detention facilities and surveillance.

The Guardian - US

Ice could add 600 beds to New Jersey detention center, documents show

ACLU obtains documents showing agency’s effort to expand state’s detention capacity for undocumented immigrants

Barchart

Geo Group vs. CoreCivic: Which Stock is a Better Buy?

Shares of both GEO Group and CoreCivic are surging as Donald Trump reclaims the White House. But which of these two stocks is a better investment candidate now?

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Latin Times

Trump Reportedly Plans Major Expansion of Immigrant Detention Facilities for Mass Deportations

NBC News revealed that the aim is to double the current 41,000 ICE detention beds to house detained immigrants prior to deportation

Latin Times

Private Prison Stocks Soar Further After Trump Confirms Deportation Hawk Tom Homan as 'Border Czar'

Shares of The Geo Group and CoreCivic jumped on expectations of ramped-up detention and deportation efforts under Trump's new administration

Investors Business Daily

These Prison Stocks Jump Again After Trump's Hardline Border Move

CoreCivic and Geo Group own or run correctional and detention facilities. The stocks extended huge gains after Trump announced border pick.

Investors Business Daily

Stocks Flashing Renewed Technical Strength: CoreCivic

CoreCivic sees its Relative Strength Rating move into the elite 90-plus level.

Latin Times

For-Profit Prisons Surge on Stock Market as Investors Expect Trump to Arrest Many Immigrants

For-profit prison stock values have surged in anticipation of immigrant arrests leading to increased detainment under President-Elect Donald Trump.

Fortune

Trump’s election win sends private prisons stocks soaring as investors anticipate hard crackdown on migration

President-elect Trump has vowed to launch the biggest deportation in American history—this could translate to big bucks for companies like CoreCivic and Geo Group.