Hints and tips:
...Damon Hininger, chief executive of CoreCivic, said the company’s cost of capital had been increased by its “incorrect” characterisation as a “non-ESG investment”....
...Campaigners have also targeted BlackRock, the second-largest shareholder in both CoreCivic and Geo....
...Calstrs, the $215bn fund that pays teachers’ pensions in California, sold its stakes in CoreCivic and Geo last year....
...Calstrs, which pays the pensions of California schoolteachers, last year sold its stakes in CoreCivic and Geo Group....
...Geo Group’s shares rose 1.5 per cent in after-hours trading, and shares of CoreCivic – a rebranded version of Corrections Corp of America – were up nearly 3 per cent....
...Similarly, Corrections Corporation of America last year switched to CoreCivic, a name that, like Axon, means very little corporately. At least CoreCivic’s move made political sense....
Private institutions are dependent on government contracts
...We haven’t included the weightings, since they’re from January, but the ETF’s holdings report says it still owns them: See the third company down, CoreCivic Inc.?...
The DoJ decision will not be fatal for CCA and Geo — unless other clients follow
Prison owners and billboard groups drive growth in ‘weird’ ventures
These are good times if you are a publicly-listed prison company
International Edition