News Breaks |
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| June 24, 2012 |
| 16:53 EDT |  | CXW | Corrections Corp. of America's shares could "break-out", Barron's says
Corrections Corp. of America (CXW) is gaining traction with investors because of its growth potential and likely plan to convert itself into a real-estate investment trust with the ability to save on taxes at the corporate level and shower rich dividends on income- hungry shareholders, Barron's reports. Corrections Corp. shares, now below $27, could hit at least $32 in a year, given the company's business outlook. Barron's says that the company could be worth $49-$54 or more if it becomes a REIT. Even without such a conversion, the stock's fair value ranges from $32- $42. Reference Link |
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News For CXW From The Last 14 Days Check below for free stories on CXW the last two weeks. |
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| May 16, 2013 |
| 16:20 EDT |  | CXW | Corrections Corp. sees FY13 adjusted EPS $1.91-$1.98, consensus $2.02
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| 16:19 EDT | | CXW | Corrections Corp. sees Q2 adjusted EPS 49c-50c, consensus 52c
Sees Q2 normalized FFO 66c-68c. Sees Q2 adjusted FFO 65c-66c. |
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| 16:18 EDT |  | CXW | Corrections Corp. to issue approximately 13.88M new shares of common stock
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| May 8, 2013 |
| 16:45 EDT | | CXW | Corrections Corp. sees Q2 adjusted EPS 52c-53c, consensus 51c
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| 16:45 EDT | | CXW | Corrections Corp. raises FY13 adjusted EPS view to $2.08-$2.16 from $2.05-$2.15
Consensus $2.00. |
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| 16:43 EDT | | CXW | Corrections Corp. reports Q1 adjusted EPS 50c, consensus 47c
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| 15:48 EDT |  | CXW | London company reports 5% passive stake in Corrections Corp.
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