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CoreCivic Inc Q4 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - CoreCivic Inc (CXW) revealed earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.The company's bottom line came in at ....

United States , Schwierige Zeiten , Corecivic Inc , Thomson Reuters , Civic Inc , Analyst Estimates ,

MSNBC The Turning Point Guerrilla Habeas June 4, 2024 03:37:00

Are in private facilities like the geo group and corecivic. there are huge financial incentives for them in this game and there have been billions of taxpayer dollars paid to large corporations to detain immigrants. at the same time, they are making even much more money by taking advantage of the vulnerability that people going through the system are subject to. the private prisons their whole business model requires them to use immigrants and their detainees to work for $1 a day. so they re using labor at rates that are ridiculous. wax the floors, do laundry, kitchen, landscaping, for $1 a day. you guys better do what you are told. if not, you would then go to the hole. and we would see them go, come back a week later. and [buzzer] next time they ask them to do something, they will do it. they don t want to go to that isolation hole. you work seven days a week, they pay you $7. ....

Geo Group , Business Model , Isolation Hole , The Hole ,