Q4 2019 CoreCivic Inc Earnings Call

CXW earnings call for the period ending March 31, 2020.

CoreCivic announced today that every frontline CoreCivic employee will receive a $500 Hero Bonus in appreciation of their service and dedication to the company's mission during COVID-19. In conjunction with the Hero Bonus announcement, CoreCivic also announced its commitment to hire at its 73 active locations across the United States. "This pandemic is creating unprecedented challenges for businesses and industries," said Damon Hininger, President and CEO of CoreCivic.

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CoreCivic, Inc. (NYSE:  CXW) (the “Company") announced today that it has completed the acquisition of a portfolio of 28 properties, 24 of which the counter-party contributed to a newly formed partnership of the Company's, for total consideration of $83.2 million, excluding transaction-related expenses. All of the properties are leased to the federal government through the General Services Administration (GSA).

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NASHVILLE, Tenn., Jan. 23, 2020 -- CoreCivic, Inc. (NYSE:  CXW) (the “Company") announced today the tax allocations of its 2019 dividend distributions.  For common.

BRENTWOOD, Tenn., May 06, 2020 -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced today its financial results for the first quarter of 2020. First Quarter 2020.

NASHVILLE, Tenn., Feb. 12, 2020 -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced today its financial results for the fourth quarter and full year 2019. Highlights of.

If you own shares in CoreCivic, Inc. (NYSE:CXW) then it's worth thinking about how it contributes to the volatility of...

U.S. immigration officials say they have a plan if detention centers get hit with coronavirus outbreaks: They will transfer detainees with serious symptoms to hospitals with "expertise in high risk care." Detention center outbreaks in such areas could quickly swamp local hospitals, threatening their ability to treat local residents along with detainees. About a third of the 43,000 immigrants in detention as of March 2 were housed at facilities that have only one hospital - or none - with intensive-care beds within 25 miles, according to a Reuters analysis of data from the American Hospital Directory and U.S. Immigration and Customs Enforcement (ICE).

Moody's Investors Service ("Moody's") assigned a Ba1 rating to CoreCivic, Inc.'s proposed $250 million senior secured term loan, currently being marketed. Proceeds from the proposed $250 million 5-year senior secured term loan B will be used to repay amounts outstanding under the company's existing $325 million 4.125% senior notes due in April 2020. The new term loan will be secured by a first priority lien on a small, select pool of real estate assets that have active management contracts with US state government partners.

CoreCivic, Inc. (NYSE:  CXW) (the “Company") announced today the withdrawal of its previously announced full year 2020 financial guidance, initially provided in the Company's fourth quarter and full year 2019 earnings release on February 12, 2020, due to uncertainties related to the potential impact of the ongoing coronavirus (COVID-19) pandemic. The Company is confirming its first quarter 2020 financial guidance, also initially provided on February 12, 2020. "Throughout the COVID-19 pandemic, our number one priority has been the health and safety of our employees, those entrusted in our care, and the communities where we operate," said Damon T. Hininger, CoreCivic's President and Chief Executive Officer.

CoreCivic, Inc. (NYSE:  CXW) (the Company) announced today that it will release its 2019 fourth quarter financial results after the market closes on Wednesday, February 12, 2020. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, February 13, 2020, and will be accessible through the Company's website at www.corecivic.com under the “Events & Presentations” section of the "Investors" page. In addition, there will be a telephonic replay available beginning at 1:00 p.m. central time (2:00 p.m. eastern time) on February 13, 2020, through 1:00 p.m. central time (2:00 p.m. eastern time) on February 21, 2020.

CoreCivic, Inc. (NYSE:  CXW) (the “Company") announced today that its Board of Directors declared a quarterly dividend of $0.44 per share to be paid on April 15, 2020, to shareholders of record as of the close of business on April 1, 2020. The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. The Company has been a flexible and dependable partner for government for more than 35 years.

CoreCivic, Inc. (CXW) (the Company) announced today that it will release its 2020 first quarter financial results after the market closes on Wednesday, May 6, 2020. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, May 7, 2020, and will be accessible through the Company's website at www.corecivic.com under the “Events & Presentations” section of the "Investors" page. In addition, there will be a telephonic replay available beginning at 1:00 p.m. central time (2:00 p.m. eastern time) on May 7, 2020, through 1:00 p.m. central time (2:00 p.m. eastern time) on May 15, 2020.

CoreCivic, Inc. (CXW) (the Company) released today its annual Environmental, Social and Governance (ESG) Report, including the five-year outcomes of unprecedented reentry goals established by the Company in 2014. The 40-page document is the Company's second report, following publication of the industry's first ESG Report in 2019. It reviews the impact of CoreCivic's operations on society and the environment, reentry outcomes, human rights, and how the company is responding to the COVID-19 pandemic.

CoreCivic, Inc. (CXW) (the Company) announced today that it entered into a new $250.0 million Senior Secured Term Loan B (Term Loan). The new Term Loan bears interest at a rate of LIBOR plus 4.50%, with a 1.00% LIBOR floor, and has a five year maturity. The Term Loan will be secured by a first lien on certain specified real property assets of the Company, representing a loan-to-value of no greater than 80%.

In 2009 Damon Hininger was appointed CEO of CoreCivic, Inc. (NYSE:CXW). First, this article will compare CEO...

CoreCivic, Inc. (CXW) (the “Company”) announced today that it has entered into a new contract with the Mississippi Department of Corrections to immediately house up to 375 of the State's inmates at the Company’s 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi. The new management contract commenced on January 8, 2020, and has an initial term of ninety days, which may be extended for up to two additional ninety-day terms upon mutual agreement. The contract allows the State to utilize additional beds at the facility based on their evolving needs and available capacity.