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The Latest Breaking News from GEO Group

Ice contractor plans for surveillance boom under Trump migrant crackdown

Geo Group, an Ice partner, is moving at ‘unprecedented speed’ to build out its monitoring, executive chair says

The Guardian - US

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

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

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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

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

King County (Wash.) Violated Constitution and Contract by Trying to Ban ICE Flights Through Its Airport

From today's opinion in U.S. v. King County, written by Judge Daniel Bress and joined by Judges Michael Hawkins and… The post King County (Wash.) Violated Constitution and Contract by Trying to Ban ICE Flights Through Its Airport appeared first on Reason.com.

Reason

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

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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

Make Prisons Great Again with a Geo Group (GEO) Iron Condor Trade

For those who are politically agnostic, GEO stock may offer speculators a chance to grab a quick 14% yield this coming week.

Barchart

For-profit jails ready for migrant camps

Trump advisors are openly discussing the construction of mass deportation camps along the southern border

Salon

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.

Latin Times

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.

Fortune

1 Small-Cap Stock Set to Benefit from a Hot-Button Election Issue

As the 2024 presidential election approaches, GEO Group, a private prison and detention center operator, is poised to benefit from the ongoing debates around immigration and border control, with its recent contract extensions and solid financial restructuring making it a compelling small-cap stock to watch.

Barchart

More than 60 Ice detainees on hunger strike over ‘inhumane’ living conditions

People at two Geo Group facilities in California protest poor food quality, medical neglect and a working wage of $1 a day

The Guardian - US

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Barchart

Forget DJT, Consider These 3 'Strong Buy' Trump Trades Instead

Instead of investing in Donald Trump's volatile 'meme stock' DJT, consider three 'strong buy' stocks that have moved higher on rising speculation around a potential Trump presidency.

Latin Times

Advocates, lawmakers urge federal judges to prevent a New Jersey private migrant jail from opening

Concerns from advocates and state Democrats come after a 2023 ruling that allowed a private immigrant jail in New Jersey to remain open

Barchart

5 Top-Rated Russell 2000 Stocks Crushing the Market in 2024

With the Russell 2000 index taking a dip in 2024, these five top-rated RUT stocks are outshining their parent index and the broader market.

Barchart

Company Chair Buys Outperforming GEO Group Stock, Should You?

Nearly three years after his last insider buy, the private prison company's executive chairman has made a substantial investment in GEO Group shares.

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Barchart

Scalp Some Quick Profits Off Controversial Geo Group (GEO)

If you’re politically agnostic regarding your investments, private prison operator Geo Group may offer a quick scalping opportunity, in part because everyone hates GEO stock.

The Guardian - AU

Australian authorities once embraced privately operated prisons. But some governments are taking back control

With Queensland, WA and NSW pulling back on the ‘marketised approach’, they could be leading a national charge

Barchart

It’s an Ugly Business But Here’s Why Geo Group (GEO) Can Rise Higher

Geo Group faces moral scrutiny but rising demand for secure detention facilities and short-covering dynamics might bolster GEO stock.

WEKU

ICE releases investigation into immigrant's death after months of 'inexcusable' delay

Under pressure, the government released a report examining the death of an immigrant in ICE custody. The report found multiple failures, but did not indicate they caused the migrant's death.

AAP

Private prison deal ditched in NSW jails shake-up

One of the largest prisons in NSW will be returned to public ownership after 30 years as the state government unwinds privatisation of the facilities.

Barchart

Options Traders Go to War on Controversial But Compelling Geo Group (GEO)

Although the stench of private prisons has long clouded Geo Group, options traders largely anticipate upside for GEO stock.

Tribune News Service

‘Secretive world.’ ACLU database to track conditions at California’s immigration centers

Jose Ruben Hernandez Gomez hopes a new grievance database recently launched by the ACLU Foundation of Northern California for the state’s six immigration detention centers — including three in the Central Valley — will help provide “more of a concrete proof ... of how unsafe these detention centers are.”

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