For-profit jails ready for migrant camps Trump advisors are openly discussing the construction of mass deportation camps along the southern border Salon · Nov 8, 2024
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 · Nov 7, 2024
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 · Nov 7, 2024
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 · Oct 10, 2024
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 · Aug 26, 2024
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. Barchart · Jul 18, 2024
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 Latin Times · Jun 18, 2024
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 · Apr 28, 2024
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. Barchart · Mar 22, 2024
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. Barchart · Jan 2, 2024
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 The Guardian - AU · Dec 23, 2023
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. Barchart · Nov 28, 2023
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. WEKU · Nov 9, 2023
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. AAP · Nov 2, 2023
Barchart · Oct 2, 2023 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 · Jul 8, 2023 ‘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.”
Los Angeles Times · Jul 3, 2023 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.
WEKU · Mar 25, 2023 GEO Group sickened ICE detainees with hazardous chemicals for months, a lawsuit says The Social Justice Legal Foundation says one of the country's largest private prison operators knowingly exposed ICE detainees to the disinfectant HDQ Neutral.
Al Jazeera · Mar 3, 2023 ‘Slavery wages’ prompt hunger strike at ICE detention facilities Participants say poor living conditions and wages of $1 a day have pushed them to launch the weeks-long protest.
Capital & Main · Feb 8, 2023 Immigrant Detention Center Operator Faces Fines, Lawsuit Over Working Conditions California has fined GEO Group over $100,000 for
Los Angeles Times · Jan 30, 2023 California fines detention center operator $100,000 over immigrants’ working conditions California regulators levied $104,510 in fines against the private prison operator GEO Group last month after detained immigrant workers at the Golden State Annex in Central California complained about unsafe conditions, including a lack of protective equipment and proper training, while cleaning the facility for $1 per day.
Benzinga · Nov 14, 2022 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.
Roll Call · Oct 6, 2022 Critic of Biden border policy in line to oversee DHS budget - Roll Call Texas Rep. Henry Cuellar is poised to become top Democrat on Homeland Security appropriations next year, to the chagrin of progressives.
Los Angeles Times · Sep 27, 2022 Federal court says California ban on private ICE detention facilities is unconstitutional LOS ANGELES — A California law banning private prisons and immigrant detention facilities in the state violates the U.S. Constitution when applied to facilities operated on behalf of U.S. Immigration and Customs Enforcement, a federal appellate court ruled Monday.