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The Latest Breaking News from CoreCivic

California tried and failed to ban for-profit ICE detention centers. What does that mean for other states?

WASHINGTON, D.C. — California's landmark ban on private prisons and immigrant detention facilities saw its fate sealed when a federal court officially repealed the 2020 law.

Los Angeles Times

Months after being freed, Afghan soldier arrested at border is now on a path toward asylum and healing

Wasi and his brother pray for their family’s safety as the holy month of Ramadan ends and the Taliban continues to rule Afghanistan.

The Texas Tribune

Why CoreCivic’s (CXW) Rise in Unusual Options Volume Presents High Risks

While trading activity in the derivatives market for CoreCivic suggests something’s brewing for CXW stock, investors should be cognizant of underlying fundamental risks.

Barchart

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ICE detainees allege retaliation after speaking out about medical conditions at California detention center

SAN DIEGO — Weeks after writing an op-ed for the Union-Tribune about his experience in immigration custody, Erik Mercado, a detainee at Otay Mesa Detention Center, was suddenly moved to a different facility in the middle of the night.

Tribune News Service

California moves to shut down a 3rd state prison as inmate population shrinks

California officials on Tuesday announced they will begin the process of closing Chuckwalla Valley State Prison in Riverside County and are planning cutbacks at six more prisons, including a women’s facility in Sacramento County.

Tribune News Service

Michael Burry Doubles Down On Prison Stocks, Adds This Space Company In 5 New Announced Q3 Positions

Former hedge fund manager and “Big Short” fame investor Michael Burry made headlines earlier this year when he sold all of his positions except one. Burry added five new positions in the third quarter and increased the position in the lone carryover from the second quarter.

Benzinga

A Sinister Reason May Be Behind Governors' Opposition To Cannabis Legalization

As one Republican governor after another rejects President Biden’s suggestion to pardon simple cannabis possession convictions, one wonders what they're thinking.

Benzinga

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Groups: Retaliation after migrants report detention center

Migrants held by U.S. authorities at a detention center in rural New Mexico say they've endured retaliation rather than aid after reporting unsanitary conditions at the government-contracted jail

The Independent UK

Staffing shortages, violence plague Oklahoma prisons

With one of the highest incarceration rates in the country, Oklahoma has struggled for decades to properly staff its prisons

The Independent UK

ICE detainees say they were forced into labor in Georgia, file lawsuit

ATLANTA — A lawsuit filed against Georgia’s largest immigrant jail charges the private prison company that runs it broke federal anti-slavery laws by forcing detainees to work against their will.

Tribune News Service

Private prison firm to settle lawsuit over inmate death

A private prison company has agreed to settle a federal lawsuit over a Tennessee inmate’s killing

The Independent UK

Inmate kills guard at Oklahoma private prison, officials say

The correction officer died from injuries sustained during an unprovoked attack by an inmate at the Davis Correctional Facility in Holdenville, Oklahoma

The Independent UK

Judge limits lawyer's tweets about prison firm he's suing

A federal magistrate judge has ordered an attorney suing a private prison firm over an inmate’s death to delete certain tweets and restrict his public commentary

The Independent UK

CoreCivic: An Outperforming REIT With More Room to Run

The shares of CoreCivic (CXW) have exhibited solid momentum over the past few months. The company reported robust fundamental performance across its operating segments in its last quarter and expects to see continued growth. Therefore, we think the stock could be a great addition to one's portfolio. Read on.

StockNews.com

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 14, 2022

Upgrades

The Independent UK

Reports finds unsafe conditions in New Mexico migrant jail

A government watchdog has found unsanitary and unsafe conditions at a New Mexico jail used to hold migrants and says it should be immediately closed

Tribune News Service

Inmigrantes con condiciones severas de salud mental denuncian maltrato por parte de una psicóloga en centro de detención

SAN DIEGO— Los grupos de defensa le piden al estado de California que le retire la licencia para ejercer a una psicóloga, después de que una docena de personas detenidas por motivos de inmigración en el Centro de Detención Otay Mesa se quejaran de que la doctora los maltrataba, algo…

Tribune News Service

Immigrants with severe mental health conditions claim mistreatment by detention center psychologist

SAN DIEGO — Advocacy groups are asking the state of California to take away a psychologist's license to practice after a dozen people held in immigration custody at Otay Mesa Detention Center complained that she mistreated them in ways that led to the deterioration of their mental health.

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Benzinga

Stock Wars: CoreCivic Vs. Geo Group

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

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