BRENTWOOD, Tenn., Jan. 16, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today it has been awarded a new management contract with the state of Montana to care for additional inmates outside the state of Montana, with 240 inmates anticipated to arrive at our 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi during the first quarter of 2025. During January 2025, CoreCivic also received an additional 120 Montana inmates at the Company's 1,896-bed Saguar ...

BRENTWOOD, Tenn., Jan. 13, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 fourth quarter financial results after the market closes on Monday, February 10, 2025. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Tuesday, February 11, 2025. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIaa5339be2aca4992a0 ...

Inflation and Labor Market Impact - The US experienced a cooling of inflation in 2024, but economists warn that President-elect Donald Trump's mass deportation plan for undocumented immigrants could significantly affect prices [1] - Deporting a large number of undocumented immigrants could create labor force shortages, with a 2023 study in the Journal of Labor Economics indicating that 44,000 US-born workers could lose their jobs for every 500,000 immigrants removed from the labor force [1] Industry-Specific Effects - Immigrants, particularly unauthorized immigrants, are more likely to work in jobs that produce goods and services experiencing price increases, such as construction and agriculture [2] - Past mass deportation efforts suggest that prices in industries with high concentrations of unauthorized immigrants, like construction and agriculture, are likely to rise rather than fall [3]

Subscribers to Chart of the Week received this commentary on Sunday, October 27.Indulge, for a second, one last 2024 election postmortem. The American people have chosen former President Donald Trump to take the reins of the U.S. government once more. We’ve telegraphed ‘qui bono?’ from another Trump administration and reading recent options-centric tea leaves confirms a lot of our initial biases.ETF Winners, Losers Last WeekTrump’s win sent the cryptocurrency, banking, and energy sectors soaring. On Wednesd ...

A guard escorts an immigrant detainee from his 'segregation cell' back into the general population at the Adelanto Detention Facility, managed by GEO Group.The Geo Group and CoreCivic jumped more than 4% and nearly 8%, respectively, in premarket trading. Homan served as the head of Immigration and Customs Enforcement during Trump's first term.Trump said Sunday on Truth Social that Homan "will be in charge of all Deportation of Illegal Aliens back to their Country of Origin." Homan will be responsible for th ...

CoreCivic, Inc. (NYSE:CXW) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Mike Grant - Managing Director of Investor Relations Damon Hininger - President and Chief Executive Officer David Garfinkle - Chief Financial Officer Conference Call Participants Jason Weaver - JonesTrading M. Marin - Zacks Investment Research, Inc. Brian Violino - Wedbush Securities Joe Gomes - Noble Capital Markets Greg Gibas - Northland Securities Kirk Ludtke - Imperial Capital, LLC Ben Briggs - S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-16109 CORECIVIC, INC. (Exact name of registrant as specified in its chart ...

Cost Management and Higher Occupancy Continue To Drive Positive Financial PerformanceRaises Full Year Financial Guidance BRENTWOOD, Tenn., Nov. 06, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its third quarter 2024 financial results.   Financial Highlights – Third Quarter 2024 Total revenue of $491.6 million, an increase of 2%Net income of $21.1 million, an increase of 52%Adjusted net income of $22.4 million, an increase of 44%Diluted earnings per share of ...

Exhibit 99.1 News Release Contact: Investors: Mike Grant - Managing Director, Investor Relations - (615) 263-6957 Financial Media: David Gutierrez, Dresner Corporate Services - (312) 780-7204 CORECIVIC REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS COST MANAGEMENT AND HIGHER OCCUPANCY CONTINUE TO DRIVE POSITIVE FINANCIAL PERFORMANCE RAISES FULL YEAR FINANCIAL GUIDANCE BRENTWOOD, Tenn. – November 6, 2024 – CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its third quarter 2024 financial r ...

Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.While prison stocks could benefit from Trump back in office and policies to expand private prison and immigration detention centers, past market history shows these stocks fell during Trump's previous four years in the White House.What Happened: Investors could be feeling déjà vu with prison stocks moving higher after Trump's win Tu ...