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The Latest Breaking News from CoreCivic

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

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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

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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

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

The Guardian - US

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.

Al Jazeera

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

The Guardian - US

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?

Barchart

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

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news in one place.

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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

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.

Top News

Corecivic Settlements Highlight Issues In Tennessee Prisons

CoreCivic's settlements and mistreatment allegations in Tennessee prisons raise concerns about accountability and the need for reform in the private prison...

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news in one place.

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The Independent UK

Prison operator under federal scrutiny spent millions settling Tennessee mistreatment claims

The leading private prison company in the U.S. has spent more than $4.4 million to settle dozens of complaints alleging mistreatment at its Tennessee prisons and jails since 2016

Reason

Nashville Attorney Sues Federal Judges Over Gag Order Barring Him From Talking About a Notorious Prison

Daniel Horwitz often represents people illegally silenced by the government. This time he says a court violated his First Amendment rights when it gagged him from publicly speaking about a troubled state prison.

The Independent UK

US Justice Department to investigate violence and sexual abuse at Tennessee's largest prison

The U.S. Department of Justice has launched an investigation into a privately operated Tennessee prison where officials say violence and sexual abuse have gone unaddressed for years

Latin Times

Migrants detained at the New Mexico Detention Facility denounce inhumane treatment

More than 90% of all individuals detained by ICE are currently being held at detention centers either owned or operated by private companies such as Torrance

The Independent UK

Audit finds Tennessee prisons severely understaffed, officers worried about safety

Tennessee prisons are severely understaffed, leading to unsafe conditions for both inmates and guards

The Independent UK

Mississippi county closes jail pod plagued by fights and escapes, sends 200 inmates 2 hours away

Mississippi’s largest county is no longer using a section of its jail that has been plagued with security problems that include fights and escapes

Barchart

What’s Going on With CoreCivic (CXW) and Should You Join the Rally?

Controversial private prison CoreCivic has been on the move recently, warranting a deeper discussion about CXW stock.

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