GEO Group

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1h
The Gilmer Mirror
Privatized Immigration Detention Centers to be Focus of Federal Review - Privatized Immigration Detention Centers to be Focus of Federal Review by Julián Aguilar The Texas Tribune Aug. 29 2016 The U.S. Department of Homeland Security on Monday cal...with private companies used for immigration detention would affect several comp
Privatized Immigration Detention Centers to be Focus of Federal Review - Privatized Immigration Detention Centers to be Focus of Federal Review by Julián Aguilar The Texas Tribune Aug. 29 2016 The U.S. Department of Homeland Security on Monday cal...
The Gilmer Mirror / Posted an hour ago
with private companies used for immigration detention would affect several companies that operate in Texas, including the GEO Group and Corrections Corporation of America. The two companies have been under the microscope for years by opponents of... Read more
5 related stories
2h
Business Wire
IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against The GEO Group, Inc. and Encourages Investors with Losses to Contact the FirmCalif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces a class actio
IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against The GEO Group, Inc. and Encourages Investors with Losses to Contact the Firm
Business Wire / Posted 2 hours ago
Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces a class action lawsuit has been filed against The GEO Group, Inc. (“GEO” or the “Company”) (NYSE: GEO). Investors who purchased or otherwise acquired shares between March 1,... Read more
3h
Newsmax
Homeland Security Agency to Study Ending Use of Private Prisonsback by Nov. 30, Johnson said. Corrections Corp. of America fell 9.7 percent t
Homeland Security Agency to Study Ending Use of Private Prisons
Newsmax / Posted 3 hours ago
back by Nov. 30, Johnson said. Corrections Corp. of America fell 9.7 percent to $15.81 at 1:28 p.m. New York time, and the GEO Group Inc. was down 6.5 percent to $20.49. The Justice Department announced earlier this month that the Federal Bureau... Read more
5 related stories
5h
The Economic Times
Wall Street gains as data points to budding economyDepartment to phase out contracts with private operators. Corrections Corp of
Wall Street gains as data points to budding economy
The Economic Times / Posted 5 hours ago
Department to phase out contracts with private operators. Corrections Corp of America fell 4.1 per cent to $16.79 and The GEO Group lost 3.0 per cent to $21.25. Apple ended down 0.1 per cent at $106.82. The company could face over 1 billion euros... Read more
7h
ABC News
DHS Reviewing ICE Use of Private Prisonsof Prisons] provides, such as educational programs and job training, have prove
DHS Reviewing ICE Use of Private Prisons
ABC News / Posted 7 hours ago
of Prisons] provides, such as educational programs and job training, have proved difficult to replicate and outsource.” GEO Group, a major provider of private detention services to the U.S. government, welcomed the review, saying in a statement... Read more
7h
WFAA Dallas-Fort Worth
Privatized immigration detention centers to be focus of federal reviewwith private companies used for immigration detention would affect several comp
Privatized immigration detention centers to be focus of federal review
WFAA Dallas-Fort Worth / Posted 7 hours ago
with private companies used for immigration detention would affect several companies that operate in Texas, including the GEO Group and Corrections Corporation of America. The two companies have been under the microscope for years by opponents of... Read more
5 related stories
8h
Reuters
U.S. immigration agency to review private prison deals; shares slideCustoms Enforcement (ICE), a division of DHS, currently uses private prison gro
U.S. immigration agency to review private prison deals; shares slide
Reuters / Posted 8 hours ago
Customs Enforcement (ICE), a division of DHS, currently uses private prison groups like Corrections Corp of America and The GEO Group to run some detention facilities for migrants. Corrections Corp of America's stock slid 9.4 percent and The GEO... Read more
5 related stories
10h
Business Wire
The GEO Group Welcomes Independent Review Announcement by Department of Homeland SecurityBOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") welco
The GEO Group Welcomes Independent Review Announcement by Department of Homeland Security
Business Wire / Posted 10 hours ago
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") welcomed today’s announcement by the U.S. Department of Homeland Security directing U.S. Immigration and Customs Enforcement (“ICE”) to initiate an independent review of its... Read more
1d
Australian Broadcasting Corporation
Police confirm cannabis plants found growing in Gippsland prisonsaid he wanted to know how the plants could have been grown in the centre, and
Police confirm cannabis plants found growing in Gippsland prison
Australian Broadcasting Corporation / Posted yesterday
said he wanted to know how the plants could have been grown in the centre, and has asked for a "please explain" from GEO Group Australia, operators of the privately-run facility. It is the latest in a series of blunders at the... Read more
3d
Business Wire
Khang & Khang LLP Announces Securities Class Action Lawsuit against The GEO Group, Inc. and Encourages Investors with Losses to Contact the FirmIRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces a cla
Khang & Khang LLP Announces Securities Class Action Lawsuit against The GEO Group, Inc. and Encourages Investors with Losses to Contact the Firm
Business Wire / Posted 3 days ago
IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces a class action lawsuit was filed against The GEO Group, Inc. (“GEO” or the “Company”) (NYSE: GEO). Investors who purchased or otherwise acquired shares between March 1, 2012... Read more
21 related stories
3d
Business Wire
Lundin Law PC Announces Securities Class Action Lawsuit against The GEO Group, Inc. and Encourages Investors with Losses to Contact the FirmLOS ANGELES--(BUSINESS WIRE)--Lundin Law PC (the “Firm”) announces a class acti
Lundin Law PC Announces Securities Class Action Lawsuit against The GEO Group, Inc. and Encourages Investors with Losses to Contact the Firm
Business Wire / Posted 3 days ago
LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC (the “Firm”) announces a class action lawsuit has been filed against The GEO Group, Inc. ("GEO" or the "Company") (NYSE: GEO) concerning possible violations of federal securities laws between March 1, 2012... Read more
21 related stories
4d
Business Wire
Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against The GEO Group, Inc. - GEOLaw Firm, a global investor rights law firm, announces the filing of a class ac
Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against The GEO Group, Inc. - GEO
Business Wire / Posted 4 days ago
Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of The GEO Group, Inc. securities (NYSE:GEO) from March 1, 2012 through August 17, 2016, inclusive (the “Class Period”). The lawsuit... Read more
4d
KERA North Texas
Investigation Into Private Prisons Reveals Crowding, Under-Staffing And Inmate Deathsabout the case of a man named Claudio Fajardo Saucedo (ph). He was in his early
Investigation Into Private Prisons Reveals Crowding, Under-Staffing And Inmate Deaths
KERA North Texas / Posted 4 days ago
about the case of a man named Claudio Fajardo Saucedo (ph). He was in his early 40s and was held at the Reeves Facility, a GEO Group-run facility in West Texas. And soon after he arrived at that facility, he started to complain of pain - back pain,... Read more
4d
Roll Call
Private Immigrant Detention Firm Gives $45K to Pro-Trump GroupDonald Trump, according to a recent Federal Election Commission filing. The po
Private Immigrant Detention Firm Gives $45K to Pro-Trump Group
Roll Call / Posted 4 days ago
Donald Trump, according to a recent Federal Election Commission filing. The political action committee representing The GEO Group, Inc., made the donation on July 27 to the Trump Victory fund, a joint committee also supporting the Republican... Read more
5d
The Tampa Tribune
Florida editorial roundupaction also is sure to kick off an intense lobbying effort by the private priso
Florida editorial roundup
The Tampa Tribune / Posted 5 days ago
action also is sure to kick off an intense lobbying effort by the private prison companies, including Boca Raton-based Geo Group, to reverse the decision. In a conference call covered by the Sun Sentinel, Geo Chairman and CEO George Zoley... Read more
6d
KFDA-TV Amarillo
Recent editorials from Texas newspapersThis includes Corrections Corporation of America, which runs the South Texas Fa
Recent editorials from Texas newspapers
KFDA-TV Amarillo / Posted 6 days ago
This includes Corrections Corporation of America, which runs the South Texas Family Residential Center in Dilley, and the GEO Group, which operates the Karnes County Residential Center in Karnes City. Unfortunately, however, Yates' directive only... Read more
7 related stories
6d
KCBD-TV Lubbock
Recent editorials from Texas newspapersThis includes Corrections Corporation of America, which runs the South Texas Fa
Recent editorials from Texas newspapers
KCBD-TV Lubbock / Posted 6 days ago
This includes Corrections Corporation of America, which runs the South Texas Family Residential Center in Dilley, and the GEO Group, which operates the Karnes County Residential Center in Karnes City. Unfortunately, however, Yates' directive only... Read more
7 related stories
6d
KTRE Lufkin and Nacogdoches
Recent editorials from Texas newspapersThis includes Corrections Corporation of America, which runs the South Texas Fa
Recent editorials from Texas newspapers
KTRE Lufkin and Nacogdoches / Posted 6 days ago
This includes Corrections Corporation of America, which runs the South Texas Family Residential Center in Dilley, and the GEO Group, which operates the Karnes County Residential Center in Karnes City. Unfortunately, however, Yates' directive only... Read more
7 related stories
6d
KSWO Lawton-Wichita Falls
Recent editorials from Texas newspapersThis includes Corrections Corporation of America, which runs the South Texas Fa
Recent editorials from Texas newspapers
KSWO Lawton-Wichita Falls / Posted 6 days ago
This includes Corrections Corporation of America, which runs the South Texas Family Residential Center in Dilley, and the GEO Group, which operates the Karnes County Residential Center in Karnes City. Unfortunately, however, Yates' directive only... Read more
7 related stories
6d
KLTV 7 Tyler
Recent editorials from Texas newspapersThis includes Corrections Corporation of America, which runs the South Texas Fa
Recent editorials from Texas newspapers
KLTV 7 Tyler / Posted 6 days ago
This includes Corrections Corporation of America, which runs the South Texas Family Residential Center in Dilley, and the GEO Group, which operates the Karnes County Residential Center in Karnes City. Unfortunately, however, Yates' directive only... Read more
7 related stories
6d
KXXV Waco
Recent editorials from Texas newspapersThis includes Corrections Corporation of America, which runs the South Texas Fa
Recent editorials from Texas newspapers
KXXV Waco / Posted 6 days ago
This includes Corrections Corporation of America, which runs the South Texas Family Residential Center in Dilley, and the GEO Group, which operates the Karnes County Residential Center in Karnes City. Unfortunately, however, Yates' directive only... Read more
7 related stories
6d
The Columbian
Right Kind of Prison BreakOne of the largest privately run immigration facilities is a 1,575-bed detentio
Right Kind of Prison Break
The Columbian / Posted 6 days ago
One of the largest privately run immigration facilities is a 1,575-bed detention center near Tacoma that is run by the GEO Group. The Justice Department began contracting with private prisons in the late 1990s to help accommodate a growing... Read more
6d
Houston Chronicle
A look inside Beaumont's most exclusive apartment in 1931the mid-1990s, a paltry 15 years. The county leased its courthouse jail to Cor
A look inside Beaumont's most exclusive apartment in 1931
Houston Chronicle / Posted 6 days ago
the mid-1990s, a paltry 15 years. The county leased its courthouse jail to Correctional Services Corp. to manage in 1998. Geo Group acquired the company in 2005 and departed in November 2009. Lasalle Corrections currently manages the downtown... Read more
3 related stories
6d
The Daily Tar Heel
NC private prison among 14 impacted by Department of Justice announcementsystem, particularly people with chronic illnesses and serious mental health is
NC private prison among 14 impacted by Department of Justice announcement
The Daily Tar Heel / Posted 6 days ago
system, particularly people with chronic illnesses and serious mental health issues,” she said. Rivers, owned by The Geo Group, Inc., has a capacity for 1,450 low-security inmates, about half non-citizens and half from Washington D.C.,... Read more
7d
Houston Chronicle
A look inside Texas' abandoned Jefferson County jailthe mid-1990s, a paltry 15 years. The county leased its courthouse jail to Cor
A look inside Texas' abandoned Jefferson County jail
Houston Chronicle / Posted 7 days ago
the mid-1990s, a paltry 15 years. The county leased its courthouse jail to Correctional Services Corp. to manage in 1998. Geo Group acquired the company in 2005 and departed in November 2009. Lasalle Corrections currently manages the downtown... Read more
3 related stories
7d
San Antonio Express-News
A look inside Texas' abandoned Jefferson County jailthe mid-1990s, a paltry 15 years. The county leased its courthouse jail to Cor
A look inside Texas' abandoned Jefferson County jail
San Antonio Express-News / Posted 7 days ago
the mid-1990s, a paltry 15 years. The county leased its courthouse jail to Correctional Services Corp. to manage in 1998. Geo Group acquired the company in 2005 and departed in November 2009. Lasalle Corrections currently manages the downtown... Read more
3 related stories
7d
Stamford Advocate
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detaineesdefend its continued relationships with these companies will ring hollow," Take
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detainees
Stamford Advocate / Posted 7 days ago
defend its continued relationships with these companies will ring hollow," Takei said. Private-prison companies like the GEO Group and Corrections Corp. of America have been shifting their strategy for some time toward ICE facilities, according... Read more
3 related stories
7d
Connecticut Post
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detaineesdefend its continued relationships with these companies will ring hollow," Take
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detainees
Connecticut Post / Posted 7 days ago
defend its continued relationships with these companies will ring hollow," Takei said. Private-prison companies like the GEO Group and Corrections Corp. of America have been shifting their strategy for some time toward ICE facilities, according... Read more
3 related stories
7d
San Francisco Chronicle
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detaineesdefend its continued relationships with these companies will ring hollow," Take
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detainees
San Francisco Chronicle / Posted 7 days ago
defend its continued relationships with these companies will ring hollow," Takei said. Private-prison companies like the GEO Group and Corrections Corp. of America have been shifting their strategy for some time toward ICE facilities, according... Read more
3 related stories
7d
Business Insider
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detaineesdefend its continued relationships with these companies will ring hollow," Take
The Department of Homeland Security is under more pressure than ever to dump private prisons for immigrant detainees
Business Insider / Posted 7 days ago
defend its continued relationships with these companies will ring hollow," Takei said. Private prison companies like the GEO Group and Corrections Corporation of America have been shifting their strategy for some time towards ICE facilities,... Read more
7 related stories
7d
Chattanooga Times Free Press
A quick look at the three biggest private prison companies in the U.S.revenue: $1.79 billion in 2015, $1.65 billion in 2014 Number of prisons: Owns
A quick look at the three biggest private prison companies in the U.S.
Chattanooga Times Free Press / Posted 7 days ago
revenue: $1.79 billion in 2015, $1.65 billion in 2014 Number of prisons: Owns 74, manages 11 government-owned facilities. GEO Group Inc. Founded in 1984, it has technically operated as a real estate investment trust since 2013, with operations in... Read more
7d
The Hill
Appropriations bills preserve profits for private prison companiesof ICE de­tention beds. Since 2003, the two biggest of these corporations, Corr
Appropriations bills preserve profits for private prison companies
The Hill / Posted 7 days ago
of ICE de­tention beds. Since 2003, the two biggest of these corporations, Corrections Corporation of America (CCA) and GEO Group, have collectively spent over $32 million lobbying the federal government —including lobbying the Department of... Read more
7d
San Antonio Express-News
A look in side Beaumont's most exclusive apartment in 1931the mid-1990s, a paltry 15 years. The county leased its courthouse jail to Cor
A look in side Beaumont's most exclusive apartment in 1931
San Antonio Express-News / Posted 7 days ago
the mid-1990s, a paltry 15 years. The county leased its courthouse jail to Correctional Services Corp. to manage in 1998. Geo Group acquired the company in 2005 and departed in November 2009. Lasalle Corrections currently manages the downtown... Read more
3 related stories
8d
Fortune
Private Prison Operators Shrug Off U.S. Policy ShiftThe rally picked up momentum after Corrections Corp of America and Geo Group In
Private Prison Operators Shrug Off U.S. Policy Shift
Fortune / Posted 8 days ago
The rally picked up momentum after Corrections Corp of America and Geo Group Inc executives told analysts the policy shift would not materially affect profits this year or dividends in the future. On Thursday, the Department of Justice said it had... Read more
224 related stories
8d
UEFA News
Futsal Cup - News – UEFA.comIFK Göteberg, Tbilisi State University, Brezje Maribor and FC Feniks have all w
Futsal Cup - News – UEFA.com
UEFA News / Posted 8 days ago
IFK Göteberg, Tbilisi State University, Brezje Maribor and FC Feniks have all won their UEFA Futsal Cup preliminary round groups to book their places in October's main round. Kosovan side Feniks made the biggest splash as they progressed on their... Read more
8d
Zero Hedge
Good Riddance, 'Private' Prisonstipped off of the impending decision, and got short or bought puts in Correctio
Good Riddance, 'Private' Prisons
Zero Hedge / Posted 8 days ago
tipped off of the impending decision, and got short or bought puts in Corrections Corporation of America (CXW) and/or the GEO Group (GEO), the two major for-profit prison stocks. Both took a monster nose-dive to their July 2012 levels as soon as... Read more
8d
News On 6 Tulsa
Prisons Inc.: The Big Business Of Incarcerationeven if the DOJ does eliminate its contracts with private prisons, this represe
Prisons Inc.: The Big Business Of Incarceration
News On 6 Tulsa / Posted 8 days ago
even if the DOJ does eliminate its contracts with private prisons, this represents just a small part of their business. The Geo Group (GEO?), for instance, relies on the DOJ contracts for 11 percent of its business, while Corrections Corp. (CXW?)... Read more
224 related stories
9d
The San Angelo Standard-Times
Prison plan stuns citiesscheduled in May 2017. Big Spring The announcement was also a surprise to How
Prison plan stuns cities
The San Angelo Standard-Times / Posted 9 days ago
scheduled in May 2017. Big Spring The announcement was also a surprise to Howard County Judge Kathryn Wiseman. The GEO Group Inc., another major player in the private prison business, operates the Big Spring Correctional Center — comprised... Read more
9d
ABC News
Private Prisons Aren’t Going Anywhere Despite DOJ Decisiona 52-week high of $35.05 in late June (a decline of almost 63 percent). Simila
Private Prisons Aren’t Going Anywhere Despite DOJ Decision
ABC News / Posted 9 days ago
a 52-week high of $35.05 in late June (a decline of almost 63 percent). Similarly, another major private prison operator, GEO Group, saw its share prices on the NYSE fall about 53 percent -- from a 52-week high of $35.14 in mid-July to $16.26.... Read more
9d
Business Insider
What you need to know about the private prison phase-out13 federal private prisons under threat are run by three companies, Corrections
What you need to know about the private prison phase-out
Business Insider / Posted 9 days ago
13 federal private prisons under threat are run by three companies, Corrections Corporation of America (CCA), The GEO Group, and Management & Training Corporation. The first two, which are publicly traded, saw their stocks drop in price... Read more
224 related stories
10d
BBC News
How the US will end its 30-year history with private prisonsImage caption An immigrant detention centre in Adelanto, California, run by the
How the US will end its 30-year history with private prisons
BBC News / Posted 10 days ago
Image caption An immigrant detention centre in Adelanto, California, run by the private prison company GEO Group The US government said this week that it would reduce and eventually cease its use of private prisons. "[Private prisons] compare... Read more
224 related stories
10d
The San Angelo Standard-Times
Unclear how end of private prison use will impact Texasseparate conference calls on Friday, officials with two of these companies - Co
Unclear how end of private prison use will impact Texas
The San Angelo Standard-Times / Posted 10 days ago
separate conference calls on Friday, officials with two of these companies - Corrections Corp. of America and the GEO Group Inc. - expressed disappointment with Thursday's announcement and defended themselves against claims by the Justice... Read more
224 related stories
10d
Salon.com
Unclear how end of private prison use will impact Texasseparate conference calls on Friday, officials with two of these companies — Co
Unclear how end of private prison use will impact Texas
Salon.com / Posted 10 days ago
separate conference calls on Friday, officials with two of these companies — Corrections Corp. of America and the GEO Group Inc. — expressed disappointment with Thursday’s announcement and defended themselves against claims by the Justice... Read more
224 related stories
10d
ABC News
Unclear How End of Private Prison Use Will Impact Texasseparate conference calls on Friday, officials with two of these companies — Co
Unclear How End of Private Prison Use Will Impact Texas
ABC News / Posted 10 days ago
separate conference calls on Friday, officials with two of these companies — Corrections Corp. of America and the GEO Group Inc. — expressed disappointment with Thursday's announcement and defended themselves against claims by the Justice... Read more
224 related stories
10d
The Seattle Times
Obama must sever government contracting with private prisonsof all immigration detainees. One of the biggest in the country is the 1,575-be
Obama must sever government contracting with private prisons
The Seattle Times / Posted 10 days ago
of all immigration detainees. One of the biggest in the country is the 1,575-bed Tacoma detention center run by the GEO Group. U.S. Rep. Adam Smith, D-Bellevue, has championed the cause of reformers outraged by the guaranteed contracts and... Read more
10d
FOX Business
Why GEO Group, DeVry Education, and Restoration Hardware Jumped Todaythat sent their shares moving higher despite the somewhat downbeat mood on Wall
Why GEO Group, DeVry Education, and Restoration Hardware Jumped Today
FOX Business / Posted 10 days ago
that sent their shares moving higher despite the somewhat downbeat mood on Wall Street. Among the best performers were GEO Group (NYSE: GEO), DeVry Education (NYSE: DV), and Restoration Hardware (NYSE: RH). GEO gets a stay of execution GEO... Read more
10d
FOX Business
Why GEO Group, DeVry Education, and Restoration Hardware Jumped Todaythat sent their shares moving higher despite the somewhat downbeat mood on Wall
Why GEO Group, DeVry Education, and Restoration Hardware Jumped Today
FOX Business / Posted 10 days ago
that sent their shares moving higher despite the somewhat downbeat mood on Wall Street. Among the best performers were GEO Group (NYSE: GEO), DeVry Education (NYSE: DV), and Restoration Hardware (NYSE: RH). GEO gets a stay of executionMore... Read more
10d
Stamford Advocate
The debate over private prisons is masking the real problems with America's prison industryfrom private companies. Though such private companies don't profit directly by
The debate over private prisons is masking the real problems with America's prison industry
Stamford Advocate / Posted 10 days ago
from private companies. Though such private companies don't profit directly by owning a private prison, as the CCA or the GEO Group do, they receive considerable annual revenues by propping up prisons, thus making them similarly rewarded by... Read more
224 related stories
10d
Connecticut Post
The debate over private prisons is masking the real problems with America's prison industryfrom private companies. Though such private companies don't profit directly by
The debate over private prisons is masking the real problems with America's prison industry
Connecticut Post / Posted 10 days ago
from private companies. Though such private companies don't profit directly by owning a private prison, as the CCA or the GEO Group do, they receive considerable annual revenues by propping up prisons, thus making them similarly rewarded by... Read more
224 related stories
10d
The Sacramento Bee
Breaking up with private prisons can be hard to doby Management & Training Corp., one of the big players in the industry along wi
Breaking up with private prisons can be hard to do
The Sacramento Bee / Posted 10 days ago
by Management & Training Corp., one of the big players in the industry along with Corrections Corporation of America and GEO Group. The decision does not cover lucrative contracts for detention centers housing illegal immigrants, but the private... Read more
224 related stories
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