Prison shares rise as U.S. eyes more migrant family detention space


  • World
  • Saturday, 23 Jun 2018

(Reuters) - Shares in private prison operators CoreCivic Inc and Geo Group rose on Friday as investors bet on increasing demand for their services after U.S. authorities asked about available capacity for the detention of immigrant families.

The U.S. Department of Homeland Security's office of Immigration and Customs Enforcement (ICE) issued a request for information on Friday afternoon about potential facilities from different providers to accommodate up to 15,000 beds, ideally in several locations.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Canada's British Columbia calls off drug decriminalization pilot project
3 killed after building collapses in north Nigeria
Aerosmith frontman Steven Tyler wins dismissal for good of sexual assault lawsuit
Chinese company to build photovoltaic factory in Saudi port
Nearly 23 pct of Canadian population reported food insecurity in 2022
Canada announces investment to grow semiconductor supply chain
U.S. stocks close higher
Feature: Chinese firms eager to showcase new products at Spain seafood fair
Slovenia's jobless rate falls to historic low
Crude futures settle higher

Others Also Read