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Stock Market & Financial Investment News

News Breaks
February 7, 2013
17:32 EDTCXWCCA authorizes the company to elect to qualify as REIT
CCA, America's leader in partnership corrections, announced that its Board of Directors has unanimously authorized the Company to elect to qualify as a Real Estate Investment Trust, or REIT for the taxable year commencing January 1. This decision follows the receipt of a favorable Private Letter Ruling, or PLR, from the IRS, and completion of the internal reorganization previously announced. CCA has also received an opinion from Latham & Watkins LLP, which advised CCA on its REIT conversion that CCA qualifies as a REIT.
News For CXW From The Last 14 Days
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February 10, 2016
16:28 EDTCXWCorrections Corp. sees Q1 AFFO 56c-58c, consensus 61c
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16:27 EDTCXWCorrections Corp. sees FY16 AFFO $2.47-$2.55, consensus $2.60
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16:23 EDTCXWCorrections Corp. reports Q4 adjusted FFO 58c, consensus 59c
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