GEO Group Inc (GEO.N)
24 May 2013
|Market Cap (Mil.):||$2,625.43|
|Shares Outstanding (Mil.):||71.60|
MONTERREY, Mexico - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short term.
MEXICO CITY - Shares in Mexico's biggest homebuilders tumbled on Friday as Geo warned it will not be able to make interest payments on local debt and Homex reported weak first-quarter results.
MEXICO CITY, April 12 - Mexican homebuilder Corporacion Geo, struggling under a heavy debt load and sinking sales of its low-income homes, said it is starting a restructuring process.
March 14 - The head of Google's Inc's mapping and commerce division is stepping down from the role, the latest change to the company's senior management team, which saw Android boss Andy Rubin hand over the reins on Wednesday.
MEXICO CITY, Feb 27 - Mexican homebuilder Geo on Wednesday said net profit in the fourth quarter fell 61 percent.
Jan 31 - Fitch Ratings has affirmed the credit ratings of Corrections Corp. of America (CCA) as follows: --Issuer Default Rating (IDR) at 'BB+'; --$785 million secured credit facility at 'BBB-'; --$645 million senior unsecured notes at 'BB+'. The Rating Outlook is Stable. The affirmation of CCA's ratings considers the company's intention to convert to a REIT from a C-Corp. with a Taxable REIT Subsidiary (TRS) structure, which would become effective Jan. 1, 2013 given a favorable Private Let
NEW YORK, Dec 6 - The GEO Group Inc : * Shares were up 6.2 percent after the bell. The company announced a special dividend.