#Geo Group

Merced Sun-Star

Biden wants to phase out private prisons. GEO Group and a California city have other plans

Three California ACLU affiliates are calling on the White House to uphold President Joe Biden’s efforts to phase out the federal government’s reliance on private, for-profit detention centers by closing a privately run detention center in downtown San Diego and preventing The GEO Group from partnering with a small Kern County city to operate the facility for the U.S. Marshals Service.
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Morning Report: Water Rates Are Going Up

If there’s anything to take away from MacKenzie Elmer’s latest story on the cost of water in drought-stricken Southern California, it’s that it isn’t getting cheaper any time soon. The San Diego County Water Authority, which controls most of the region’s water resources from the drought-stressed Colorado River, is forecasting...
The Decatur Daily

Perry County facility key factor in prison plan

The proposed plan to build new prisons in Alabama would also allow the purchase of the empty, privately owned prison in Perry County to hold parole violators who are crowding some county jails around the state. “(The Perry County Correctional Facility) has always been the Rubik’s Cube of the prison...

Ankle Monitors And GPS Apps: ICE’s Alternatives to Detention, Explained

As New Jersey continues to cut ties with U.S. Immigration and Customs Enforcement detention in the state, an open question remains as to what will happen to local residents arrested by the agency. Since the handful of facilities that detain immigrants in the state started ending their contracts, ICE has transferred detained immigrants across the […] The post Ankle Monitors And GPS Apps: ICE’s Alternatives to Detention, Explained appeared first on Documented.

Pay-to-play lives in FEC decision not to enforce ban on political contributions by Boca prison contractor The GEO Group

In a ruling that undermines an 81-year-old anti-corruption law prohibiting pay-to-play political contributions by federal contractors, an impotent Federal Election Commission last week disclosed that it allowed Boca Raton private prison contractor The GEO Group to get away with making hundreds of thousands of dollars of otherwise illegal contributions to Super PACs.

FEC tosses illegal donation case against private prison firm

The Federal Election Commission has voted not to pursue sanctions against a private prison company alleged to have illegally donated to a pro-Trump super PAC. Why it matters: The notoriously fractious commission once again deadlocked along partisan lines, barring it from enforcing what good government groups call an open-and-shut case of illicit politicking.

Delco’s Jail Oversight Board to vote on the fate of Pennsylvania’s only for-profit county prison

The fate of Pennsylvania’s only privately managed county prison, the George W. Hill Correctional Facility in Delaware County, will soon be decided. The county Jail Oversight Board is looking to move forward with a vote in late September or early October on possible termination of the contract with GEO Group, the for-profit company currently running the prison.

2ND STREET TAIWAN CO.,LTD. to Open a Sixth Store in Taiwan, 2nd STREET Taichung Yizhong, on September 30, 2021, in Taichung City, Taiwan

NAGOYA, Japan--(BUSINESS WIRE)--Sep 16, 2021-- 2ND STREET TAIWAN CO.,LTD., a subsidiary of GEO Holdings (TOKYO: 2681), is set to open 2nd STREET Taichung Yizhong on September 30, 2021. This will be the sixth shop in Taiwan for 2ND STREET TAIWAN CO.,LTD. This press release features multimedia. View the full release...

County Tables Action on Reopening of Former Moshannon Valley Correctional Center

CLEARFIELD – Speculation has recently surrounded the future of the former Moshannon Valley Correctional Center in Decatur Township, Clearfield County. On Aug. 6, The Progress reported the GEO Group planned to reopen the facility as a contracted Immigration and Customs Enforcement (ICE) center. The article cited a “press release” issued...

Overview Of Value Stocks In The Real Estate Sector

GEO Group (NYSE:GEO) - P/E: 6.61. Most recently, KKR Real Estate Finance reported earnings per share at 0.54, whereas in Q1 earnings per share sat at 0.55. Its most recent dividend yield is at 7.52%, which has decreased by 1.46% from 8.98% in the previous quarter. Most recently, New Residential...