McRae

CoreCivic Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 6, 2023
McRae, CoreCivic, Federal Bureau of Prisons, Male, EPS, COVID-19, ICE, Bloomberg, Share repurchase, Debt-to-GDP ratio, Tallahatchie, Sale, Asset-backed security, Supplement, Tax, GAAP, Damon T. Hininger, Oklahoma Department of Corrections, Credit, National Debt Repayment Movement, CXW, Investment, Funds from operations, Crossroads Correctional Center, Note, Bank statement, Tallahatchie County Correctional Facility, Depreciation, Title 42 of the United States Code, Documentation, Fourth Amendment Protection Act, NYSE, Government, EBITDA, North Fork Correctional Facility, State, FFO, Environment, BOP, ODC, Bank, Video game, Car rental, Property management, Normalization

BRENTWOOD, Tenn., Nov. 06, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2023.

Key Points: 
  • BRENTWOOD, Tenn., Nov. 06, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2023.
  • Net income in the third quarter of 2023 totaled $13.9 million, or $0.12 per diluted share, compared with net income in the third quarter of 2022 of $68.3 million, or $0.58 per diluted share.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) was $72.8 million in the third quarter of 2023, compared with $147.9 million in the third quarter of 2022.
  • Based on current business conditions, we are providing the following update to our financial guidance for the full year 2023:

Corning Vice Chairman Lawrence D. McRae to Retire After 38 Years with the Company

Retrieved on: 
Thursday, October 5, 2023
COVID-19, Retirement, NYSE, Theft, Acquisition, Corporation, McRae, Risk, Dow Corning, Natural gas, GLW, Legislation, Corning Inc., Hemlock Semiconductor Corporation, Form 10-K, Marketing, Information technology, History, Natural Resources, Corporate development, Social media, Bolam v Friern Hospital Management Committee, Management, Cryptocurrency, Corning

Corning, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced that its vice chairman and corporate development officer, Lawrence D. McRae, who has been with the company for nearly four decades, will retire at the end of the year.

Key Points: 
  • Corning, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced that its vice chairman and corporate development officer, Lawrence D. McRae, who has been with the company for nearly four decades, will retire at the end of the year.
  • McRae will continue in his current role and remain on Corning’s Senior Leadership Team until his retirement.
  • We wish him all the best in retirement.”
    As vice chairman and corporate development officer, McRae implemented strategies related to Corning’s business portfolio, partner agreements, and mergers and acquisitions.
  • McRae joined the company in 1985 and has held a broad range of leadership positions in finance, sales, marketing, and general management across Corning.

Lions to roar or Magpies to soar? It's a remarkable revival story either way on grand final day

Retrieved on: 
Thursday, September 28, 2023
MCG, McGuire family, Brisbane Bears, Club, Gold Coast, Swan, Culture, Brownlow Medal, 2003 AFL Grand Final, Lion, Melbourne Cricket Ground, Carrara Stadium, AFLM, Fitzroy, Brisbane Lions, Bear, COVID, Black, McRae, Gold, First Nations, Racism, AFL, Pie, Magpie, Cassette tape, Entertainment, Sport, Nightclub, Hunting, Hotel, Nursing, Video game

Hopefully, unlike last year’s final, it will be a gripping match.

Key Points: 
  • Hopefully, unlike last year’s final, it will be a gripping match.
  • Perhaps most importantly, after lean years during COVID, there has also been bountiful spectator interest this season.
  • All this follows a bumper season for the AFL, with 36,110 attendees per game, the league’s highest average since 2010.

Rivals with September history

    • No other two clubs have faced each other more in an AFL grand final.
    • The Magpies lost to the Lions in 2002 and 2003, so they will be especially keen to soar against their Queensland rivals.
    • As with last week’s preliminary final, Collingwood will have the advantage of playing in Melbourne against an interstate rival.

The Lions are reborn

    • In 1996, the Brisbane Bears were reinvented as the Brisbane Lions following an AFL-managed merger with the financially distraught Fitzroy Lions.
    • A move from the Gold Coast’s Carrara Stadium to Brisbane’s Gabba embedded the newly branded Lions in Queensland’s capital.
    • That said, after the heady three-peat of 2000-3, the Lions endured some very lean years, making the finals only once between 2005 and 2018.
    • That year, the Lions were eliminated in the preliminary final, so it was a metaphorical opportunity lost.

Collingwood’s transformation

    • But sport is not simply about winning or losing; it’s also about how you play the game – both on and off the field.
    • In that respect, Collingwood is undergoing a renaissance that could not have been imagined just two years ago.
    • This led to the 2021 release of the “Do Better” report, which found evidence of systemic racism at the club.
    • Read more:
      As the 2022 AFLM season comes to a close, the game must ask itself some difficult questions – especially on racism

CoreCivic Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 7, 2023
Workforce, Oklahoma Department of Corrections, Damon T. Hininger, Travel, McRae Correctional Institution, Davis Correctional Facility, Senior, Bed, Nursing, Share repurchase, ICE, Bank statement, Supplement, Debt-to-GDP ratio, Policy, COVID-19, Tax, GAAP, Federal Bureau of Prisons, Title 42 of the United States Code, CoreCivic, ODOC, CXW, Government, FFO, EBITDA, Documentation, McRae, Funds from operations, Investment, Depreciation, EPS, Ageing, Environment, Keystone State Park (Oklahoma), NYSE, Normalization, BOP, Pharmaceutical industry, Video game, Car rental

BRENTWOOD, Tenn., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2023.

Key Points: 
  • BRENTWOOD, Tenn., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2023.
  • Net income in the second quarter of 2023 totaled $14.8 million, or $0.13 per diluted share, compared with net income in the second quarter of 2022 of $10.6 million, or $0.09 per diluted share.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) was $71.8 million in the second quarter of 2023, compared with $71.1 million in the second quarter of 2022.
  • Adjusted EBITDA was $72.1 million in the second quarter of 2023, compared with $78.8 million in the second quarter of 2022.

SRS Real Estate Partners Expands in Tampa, FL with Acquisition of Meridian Retail Group

Retrieved on: 
Wednesday, June 7, 2023
SRS, RMC, Collier, Culture, Research, Tenant, Connelly, McRae, Acquisition, Burt, Greystar Real Estate Partners, Management, Property management, Meridian

Dallas, TX, June 07, 2023 (GLOBE NEWSWIRE) -- SRS Real Estate Partners today announced the acquisition of Meridian Retail Group, a full-service commercial real estate firm based in Tampa, Florida, providing advisory services to retail, restaurant and entertainment clients.

Key Points: 
  • Dallas, TX, June 07, 2023 (GLOBE NEWSWIRE) -- SRS Real Estate Partners today announced the acquisition of Meridian Retail Group, a full-service commercial real estate firm based in Tampa, Florida, providing advisory services to retail, restaurant and entertainment clients.
  • This acquisition significantly expands SRS’ footprint in Florida with the addition of five new team members.
  • “SRS continues to invest in our business and expand throughout the country as we see accretive opportunities,” said Chris Maguire, SRS Real Estate Partners CEO and Chairman of the Board.
  • Rasnick, also an associate, started his career in real estate development with RMC Property Group before joining Meridian in 2021.

Comcast Expanding Xfinity 10G Network to Rural Florida Communities

Retrieved on: 
Tuesday, June 6, 2023
Technology, Mobile Entertainment, VoIP, TV and Radio, Mobile, Wireless, Carriers and Services, Entertainment, General Entertainment, Semiconductor, Security, Satellite, Photography, Nanotechnology, Other Technology, Telecommunications, Software, Networks, Wearables, Mobile Technology, Internet, Hardware, Digital divide, Affordable Connectivity Program, FCC, Putnam Hall, Florida, City, Government Affairs Institute, Wi-Fi, Federal Communications Commission, Government, Video, North Florida Broadband Authority, Flagler Estates, Florida, McRae, G-network, Internet access, Youngtown, Ocklawaha, Videotelephony, Xfinity, Grand Ridge, ACP, Internet service provider, Harbor, Ironworks, Mobile phone, Comcast

Comcast today announced plans to expand its Xfinity 10G Network and bring high-speed Internet services to 25 rural areas in Florida, many of them for the first time, through the State’s Broadband Opportunity Program.

Key Points: 
  • Comcast today announced plans to expand its Xfinity 10G Network and bring high-speed Internet services to 25 rural areas in Florida, many of them for the first time, through the State’s Broadband Opportunity Program.
  • “We have invested millions in the past year alone to expand our network to new communities across the state.
  • The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously.
  • Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and businesses and counting.

AACSB International Appoints Lily Bi as President and CEO

Retrieved on: 
Thursday, June 1, 2023
Learning, AACSB, University, Accreditation, IIA, University of North Carolina, Business, Institute of Internal Auditors, Research, Audit, Economics, Organization, Business administration, School, Student, McRae, Association to Advance Collegiate Schools of Business, Faculty, Growth, Search Committee, Management

TAMPA, Fla., June 1, 2023 /PRNewswire/ -- AACSB International (AACSB), the world's largest and longest standing business education network and premier global accreditor announced the appointment of Lily Bi as its President and CEO, effective June 26, 2023.

Key Points: 
  • TAMPA, Fla., June 1, 2023 /PRNewswire/ -- AACSB International (AACSB), the world's largest and longest standing business education network and premier global accreditor announced the appointment of Lily Bi as its President and CEO, effective June 26, 2023.
  • "After an extensive search and meeting with several outstanding candidates, the AACSB CEO Search Committee has selected an innovative leader in Lily Bi, an accomplished association executive with global business expertise.
  • Lily Bi brings over 30 years of experience in strategy setting, global growth and development, internal audit, and technology innovation.
  • Beck-Dudley has served as AACSB's president and CEO for the past three years and was previously a long-time AACSB board member and volunteer.

AACSB International Appoints Lily Bi as President and CEO

Retrieved on: 
Thursday, June 1, 2023
Learning, AACSB, University, Accreditation, IIA, University of North Carolina, Business, Institute of Internal Auditors, Research, Audit, Economics, Organization, Business administration, School, Student, McRae, Association to Advance Collegiate Schools of Business, Faculty, Growth, Search Committee, Management

TAMPA, Fla., June 1, 2023 /PRNewswire/ -- AACSB International (AACSB), the world's largest and longest standing business education network and premier global accreditor announced the appointment of Lily Bi as its President and CEO, effective June 26, 2023.

Key Points: 
  • TAMPA, Fla., June 1, 2023 /PRNewswire/ -- AACSB International (AACSB), the world's largest and longest standing business education network and premier global accreditor announced the appointment of Lily Bi as its President and CEO, effective June 26, 2023.
  • "After an extensive search and meeting with several outstanding candidates, the AACSB CEO Search Committee has selected an innovative leader in Lily Bi, an accomplished association executive with global business expertise.
  • Lily Bi brings over 30 years of experience in strategy setting, global growth and development, internal audit, and technology innovation.
  • Beck-Dudley has served as AACSB's president and CEO for the past three years and was previously a long-time AACSB board member and volunteer.

CoreCivic Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023
Damon T. Hininger, Note, Senior, Bed, Nursing, Share repurchase, Bank statement, Supplement, Debt-to-GDP ratio, Policy, COVID-19, Tax, GAAP, Federal Bureau of Prisons facilities in California, Title 42 of the United States Code, CoreCivic, History, Walker Hall, Sale, CXW, Social Security Government Pension Offset, Government, FFO, EBITDA, Credit Accumulation and Transfer Scheme, Documentation, McRae, Funds from operations, Investment, Biophysical environment, Depreciation, ESG, EPS, Ageing, Social, Credit, Hand, NYSE, Normalization, BOP

BRENTWOOD, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the first quarter of 2023.

Key Points: 
  • BRENTWOOD, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the first quarter of 2023.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) was $73.7 million in the first quarter of 2023, compared with $83.0 million in the first quarter of 2022.
  • Adjusted EBITDA was $73.7 million in the first quarter of 2023, compared with $80.8 million in the first quarter of 2022.
  • Based on current business conditions, we are providing the following update to our financial guidance for the full year 2023:

Elk Range Royalties Announces Acquisition in the Permian Basin and Launch of Elk Range Royalties II

Retrieved on: 
Wednesday, February 1, 2023
Finance, Oil, Gas, Energy, Professional Services, Other Energy, Permian, Texas Capital Bank, PSA, Acquisition, Associate, Sale, Elk Range, LTM, McRae, Partnership, Music, LP, Pioneer

Elk Range Royalties, LP (“Elk Range”) is pleased to announce it has closed an acquisition of Permian Basin mineral and royalty interests pursuant to a purchase and sale agreement (“PSA”) with Tower Rock Oil & Gas and its affiliates.

Key Points: 
  • Elk Range Royalties, LP (“Elk Range”) is pleased to announce it has closed an acquisition of Permian Basin mineral and royalty interests pursuant to a purchase and sale agreement (“PSA”) with Tower Rock Oil & Gas and its affiliates.
  • This acquisition allows us to close out the Elk Range Royalties, LP commitment with an attractive acquisition that has a mix existing cash flow and future development.”
    "We enjoyed working with the Elk Range team; they are consummate professionals.
  • With the closing of this transaction with Tower Rock, Elk Range has fully invested the capital committed to Elk Range Royalties, LP.
  • The team has secured a new commitment from NGP Royalty Partners II, L.P. to Elk Range Royalties II, LP and will begin investing out of that partnership immediately.