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February 7, 2013
17:54 EDTCXWCorrections Corp. raises FY13 adjusted EPS view to $2.05-$2.15, consensus $1.62
Sees FY13 adjusted FFO $2.72-$2.87. Expected annual dividend $2.04-$2.16 per share. The company's guidance includes an estimate of the impact from ongoing annual REIT compliance costs of $2M- $4M. Guidance excludes charges associated with the one-time REIT conversion costs, debt refinancing expenses, reversal of certain deferred tax items resulting from the REIT conversion and shares of common stock issued as part of the special dividend. During 2013, the company expects to invest approximately $85M to $100M in capital expenditures.
News For CXW From The Last 14 Days
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February 26, 2015
11:52 EDTCXWCorrections Corp. management to meet with CRT Capital
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February 25, 2015
07:46 EDTCXWCorrections Corp. Chairman to retire in 2016
Corrections Corporation of America announced that chairman, John Ferguson, has informed the company of his decision to retire from the board and not stand for re-election at the annual meeting of the company's stockholders in 2016. Ferguson, who will stand for re-election at the company's May 14, 2015 annual meeting of stockholders, plans to continue to serve as chairman to allow an orderly transition and provide the necessary time to consider a successor.
February 20, 2015
16:06 EDTCXWCorrections Corp. increases quarterly dividend 6%
Corrections Corporation of America announced that its board declared a quarterly dividend of 54c per share to be paid on April 15 to shareholders of record as of the close of business on April 2. CCA CEO Damon Hininger said, "We are pleased to declare our quarterly cash dividend of 54c per share, or $2.16 per share annually, which represents a 6% increase and reflects the overall strength of our business and our commitment to return value to our stockholders."

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