Corrections Corporation of America (CXW) Halted on Circuit Breaker

Corrections Corp. (CXW) Comments on DOJ Action; Says Findings Don't Match with Independent Studies

Corrections Corp. (NYSE: CXW) sent out the following commentary today to StreetInsider.com with respect to the Deparment of Justice's move to phase-out the use of private prisons:

We value our partners, and we will continue to work with them, both through the types of management solutions weve provided for more than three decades, as well as... More

Corrections Corp. (CXW) Paused Again for Volatility; Shares Down 50%+

Corrections Corp. (NYSE: CXW) triggers volatility trading pause once again. The stock is down over 50 percent for the session.

U.S. DoJ Affirms Plans to Phase-Out Use of Private Prisons (CXW) (GEO)

The U.S. Department of Justice posted the following to its news blog on Thursday:

When most people think of the Justice Department, they are likely to imagine the most visible parts of our job the law enforcement agents who investigate crimes or the lawyers who prosecute them. But the departments core responsibilities go beyond investigation and prosecution. Unlike most states, the federal government puts its law enforcement agents, criminal prosecutors, and correctional officers all in a single department. We handle every step from the start of an investigation to the end of a prison sentence. Our... More

Corrections Corp. (CXW), GEO Group (GEO) Paused Again for Volatility

Corrections Corporation of America (NYSE: CXW) and GEO Group (NYSE: GEO) are both paused for volatility.