March 30, 2021 to Our Stockholders
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Private Prisons an Industry Raising Concerns for Socially Responsive Investors
Research Reporter Issue 2, 2019 Private Prisons An Industry Raising Concerns for Socially Responsive Investors Private prisons, formally known as correctional facilities, through its proprietary operations as well as the and private immigration detention centers frequently operations of its subsidiaries. In 2018, 64% of GEO make the headlines due to controversial practices, Group’s total revenues came from U.S. corrections and events, and political ties. The private prison industry has detentions operations.2 been accused of lowering inmate safety, influencing imprisonment rates, and allowing inhumane treatment in Proponents of privatized prisons advocate for their use to the facilities. Residential reentry facilities, or halfway local, state, and federal government agencies through a houses, are also often privatized, as are the collaborative partnership. Theoretically, the private transportation services for moving people between prison industry saves the government money by government and private locations. Some private facilities outsourcing detention and corrections, rather than the also offer educational, vocational, health, and behavioral government building new structures or hiring additional services and training to prepare residents for return to employees itself. their communities. A majority of private prison and Opponents of the privatization of prisons suggest several detention services are controlled by two main corporate industry problems, including: understaffing, safety risks, actors: CoreCivic (CXW) and GEO Group (GEO). human rights abuses, and influencing political agendas. In As of December 31, 2018, CoreCivic owned or controlled the private prison industry, one problem or complication forty-four correctional and detention facilities, owned or seems to lead to another. To keep costs down—and controlled twenty-six residential reentry facilities, and profits up—private prisons often try to hire minimally. -
March 31, 2021
Units Cost Market Value US Equity Index Fund US Equities 95.82% Domestic Common Stocks 10X GENOMICS INC 126 10,868 24,673 1LIFE HEALTHCARE INC 145 6,151 4,794 2U INC 101 5,298 4,209 3D SYSTEMS CORP 230 5,461 9,193 3M CO 1,076 182,991 213,726 8X8 INC 156 2,204 4,331 A O SMITH CORP 401 17,703 28,896 A10 NETWORKS INC 58 350 653 AAON INC 82 3,107 5,132 AARON'S CO INC/THE 43 636 1,376 ABBOTT LABORATORIES 3,285 156,764 380,830 ABBVIE INC 3,463 250,453 390,072 ABERCROMBIE & FITCH CO 88 2,520 4,086 ABIOMED INC 81 6,829 25,281 ABM INDUSTRIES INC 90 2,579 3,992 ACACIA RESEARCH CORP 105 1,779 710 ACADIA HEALTHCARE CO INC 158 8,583 9,915 ACADIA PHARMACEUTICALS INC 194 6,132 4,732 ACADIA REALTY TRUST 47 1,418 1,032 ACCELERATE DIAGNOSTICS INC 80 1,788 645 ACCELERON PHARMA INC 70 2,571 8,784 ACCO BRANDS CORP 187 1,685 1,614 ACCURAY INC 64 483 289 ACI WORLDWIDE INC 166 3,338 6,165 ACTIVISION BLIZZARD INC 1,394 52,457 133,043 ACUITY BRANDS INC 77 13,124 14,401 ACUSHNET HOLDINGS CORP 130 2,487 6,422 ADAPTHEALTH CORP 394 14,628 10,800 ADAPTIVE BIOTECHNOLOGIES CORP 245 11,342 10,011 ADOBE INC 891 82,407 521,805 ADT INC 117 716 1,262 ADTALEM GLOBAL EDUCATION INC 99 4,475 3,528 ADTRAN INC 102 2,202 2,106 ADVANCE AUTO PARTS INC 36 6,442 7,385 ADVANCED DRAINAGE SYSTEMS INC 116 3,153 13,522 ADVANCED ENERGY INDUSTRIES INC 64 1,704 7,213 ADVANCED MICRO DEVICES INC 2,228 43,435 209,276 ADVERUM BIOTECHNOLOGIES INC 439 8,321 1,537 AECOM 283 12,113 17,920 AERIE PHARMACEUTICALS INC 78 2,709 1,249 AERSALE CORP 2,551 30,599 31,785 AES CORP/THE 1,294 17,534 33,735 AFFILIATED -
Environmental • Social • Governance Our Company ESG Approach Reentry Services Human Rights Our Impact How We Operate Who We Are Appendix
2019 ESG REPORT Environmental • Social • Governance Our Company ESG Approach Reentry Services Human Rights Our Impact How We Operate Who We Are Appendix Contents About This Report We appreciate your interest in our 2019 Environmental, reports hub here. This ESG report and future updates can Our Company ....................................................................... 2 Social, and Governance (ESG) report. In this, our second be accessed here. such report, we continue to document how CoreCivic’s activities affect the environment, how we practice our This report has been prepared with reference to selected Approach to ESG .............................................................. 7 commitment to social responsibility and how we govern Global Reporting Initiative (GRI) Standards issued by the ourselves as a corporation. Global Sustainability Standards Board. Selected disclosures based on GRI Standards are listed in the GRI Content Reentry Services ............................................................... 9 Last year we became the first company in our industry Reference Index found on pages 34-36. This material to publish an ESG report. This one builds on last year’s references GRI Standards effective on or after July 1, 2018. Human Rights .................................................................... 16 recounting, highlighting our progress in key programs, responsibilities and metrics that we identified through a ESG reporting authority is delegated to the chief ethics and compliance officer by our president and CEO -
United States District Court Middle District of Tennessee Nashville Division
UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF TENNESSEE NASHVILLE DIVISION NIKKI BOLLINGER GRAE, Individually ) and on Behalf of All Others Similarly ) Situated, ) ) Plaintiff, ) ) v. ) Case No. 3:16-cv-2267 ) Judge Aleta A. Trauger CORRECTIONS CORPORATION OF ) AMERICA, DAMON T. HININGER, ) DAVID M. GARFINKLE, TODD J. ) MULLENGER, and HARLEY G. LAPPIN, ) ) Defendants. ) MEMORANDUM Pending before the court is a Motion to Dismiss (Docket No. 60) filed by CoreCivic (formerly Corrections Corporation of America), Damon T. Hininger, David M. Garfinkle, Todd J. Mullenger, and Harley G. Lappin (“Individual Defendants”) (collectively, “CoreCivic”), to which Amalgamated Bank, as Trustee for the LongView Collective Investment Fund, (“Amalgamated”) has filed a Response (Docket No. 67), and CoreCivic has filed a Reply (Docket No. 73). For the reasons stated herein, CoreCivic’s motion will be denied. I. BACKGROUND & PROCEDURAL HISTORY1 CoreCivic is a publicly traded real estate investment trust (“REIT”) that owns and operates correctional, detention, and residential reentry facilities. (Docket No. 57 ¶ 2.) Due to the nature of its business, CoreCivic relies on federal, state, and local governments as clients. (Id. ¶ 34.) In the period from February 27, 2012, through August 17, 2016 (“Class Period”), 1 The facts are taken primarily from Amalgamated’s Amended Complaint (“Complaint”). (Docket No. 57.) Except where otherwise noted, the facts are accepted as true for the purpose of deciding the merits of CoreCivic’s Motion to Dismiss. Case 3:16-cv-02267 Document 76 Filed 12/18/17 Page 1 of 43 PageID #: <pageID> CoreCivic’s federal clients, including the Federal Bureau of Prisons (“BOP”) and Immigration and Customs Enforcement, accounted for between 43% and 51% of the company’s annual revenue. -
Fidelity® Total Market Index Fund
Quarterly Holdings Report for Fidelity® Total Market Index Fund May 31, 2021 STI-QTLY-0721 1.816022.116 Schedule of Investments May 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks – 99.3% Shares Value Shares Value COMMUNICATION SERVICES – 10.1% World Wrestling Entertainment, Inc. Class A (b) 76,178 $ 4,253,780 Diversified Telecommunication Services – 1.1% Zynga, Inc. (a) 1,573,367 17,055,298 Alaska Communication Systems Group, Inc. 95,774 $ 317,970 1,211,987,366 Anterix, Inc. (a) (b) 16,962 838,941 Interactive Media & Services – 5.6% AT&T, Inc. 11,060,871 325,521,434 Alphabet, Inc.: ATN International, Inc. 17,036 805,292 Class A (a) 466,301 1,099,001,512 Bandwidth, Inc. (a) (b) 34,033 4,025,764 Class C (a) 446,972 1,077,899,796 Cincinnati Bell, Inc. (a) 84,225 1,297,065 ANGI Homeservices, Inc. Class A (a) 120,975 1,715,426 Cogent Communications Group, Inc. (b) 66,520 5,028,912 Autoweb, Inc. (a) (b) 6,653 19,028 Consolidated Communications Holdings, Inc. (a) 110,609 1,035,300 Bumble, Inc. 77,109 3,679,641 Globalstar, Inc. (a) (b) 1,067,098 1,707,357 CarGurus, Inc. Class A (a) 136,717 3,858,154 IDT Corp. Class B (a) (b) 31,682 914,343 Cars.com, Inc. (a) 110,752 1,618,087 Iridium Communications, Inc. (a) 186,035 7,108,397 DHI Group, Inc. (a) (b) 99,689 319,005 Liberty Global PLC: Eventbrite, Inc. (a) 114,588 2,326,136 Class A (a) 196,087 5,355,136 EverQuote, Inc. -
THOMAS F. FRIST, JR., MD in First Person
THOMAS F. FRIST, JR., M.D. In First Person: An Oral History American Hospital Association Center for Hospital and Healthcare Administration History and Health Research & Educational Trust 2013 HOSPITAL ADMINISTRATION ORAL HISTORY COLLECTION THOMAS F. FRIST, JR., M.D. In First Person: An Oral History Interviewed by Kim M. Garber On January 17, 2013 Edited by Kim M. Garber Sponsored by American Hospital Association Center for Hospital and Healthcare Administration History and Health Research & Educational Trust Chicago, Illinois 2013 ©2013 by the American Hospital Association All rights reserved. Manufactured in the United States of America Coordinated by Center for Hospital and Healthcare Administration History AHA Resource Center American Hospital Association 155 North Wacker Drive Chicago, Illinois 60606 Transcription by Chris D‘Amico Photos courtesy of the Frist family, HCA, the American Hospital Association, Louis Fabian Bachrach, Micael-Renee Lifestyle Portraiture, Simon James Photography, and the United Way of Metropolitan Nashville EDITED TRANSCRIPT Interviewed in Nashville, Tennessee KIM GARBER: Today is Thursday, January 17, 2013. My name is Kim Garber, and I will be interviewing Dr. Thomas Frist, Jr., chairman emeritus of HCA Holdings, Inc. In the 1960s, together with his father, Dr. Thomas Frist, Sr., Dr. Frist conceived of a company that would own or manage multiple hospitals, providing high quality care and leveraging economies of scale. Founded in 1968, the Hospital Corporation of America, now known as HCA, has owned or managed hundreds of hospitals. Known as the First Family of Nashville, the Frists have made substantial contributions to Music City through their work with the Frist Foundations and other initiatives. -
Corecivic United States
CoreCivic United States Sectors: Prisons and Immigration Detention On record This profile is no longer actively maintained, with the information now possibly out of date Send feedback on this profile By: BankTrack Created on: Jul 22 2019 Last update: Oct 22 2019 Sectors Prisons and Immigration Detention Headquarters Ownership listed on NYSE CoreCivic's largest share holders are The Vanguard Group and BlackRock. A full overview of the company's shareholder structure can be accessed here. Subsidiaries Website http://www.corecivic.com About CoreCivic CoreCivic, formerly the Corrections Corporation of America and established in 1983, is an American company that owns and operates private prisons and immigration detention centers. Headquartered in Brentwood, Tennessee, the company is one of the largest private prison companies in the United States: CoreCivic manages more than a hundred state and federal correctional and detention facilities. Why this profile? CoreCivic profits from the incarceration of migrants and their use as a source of cheap labour. Under the Trump administration the incarceration of migrants has severly increased, leading to family separations and conditions resembling forced labour. Impacts Social and human rights impacts Mistreatment of detained persons CoreCivic, together with the GEO Group, is one of the major managers of Immigration and Customs Enforcement (ICE) detention centers. These companies have been described as relying "on a business model based on forced labour" and are linked to evidence of inhumane conditions, abuse and death at their detention centers. The Department of Homeland Security Office of Inspector General, an independent watchdog agency that oversees ICE, issued a damning 2017 report documenting widespread abuse at ICE detention centers. -
6Th Discussion Note on the Private Border Complex
1 The Corporate Lobbying Alignment Project Discussion note no.6 Investor responses to corporate lobbying & public policy capture by Border Industrial Complex companies JANUARY 2021 PREVENTABLE SURPRISES 2 DISCUSSION NOTE NO.6 3 Index 4 Background on the Border Industrial Complex Human rights risks & lobbying by BIC companies 6 Influence & lobbying by BIC companies: opportunities for investor engagement Human rights risks in the Border Industrial Complex require systems-wide investor 10 engagement 11 Appendix 1 - BIC market segments 12 Appendix 2 - Trade Associations PREVENTABLE SURPRISES 4 Background on the Border Industrial Complex The privatisation and militarisation of international borders are well known. So are the associated human rights, reputational, and market risks to investors.1 Global asset owners such as CalPERS and Norges Bank Investment Management have recently made decisions to either engage with or exit their holdings in private prison companies on ethical and financial grounds, indicating the changing risk profile of companies operating in the Border Industrial Complex (BIC). BIC companies include private and public entities involved in border policing, detention, surveillance, and transportation of migrants. Growth in the BIC has been supported by heavy lobbying to enable a system of militarised borders and, increasingly, the criminalisation of migration and the erosion of basic human rights of migrants,2 including the UN Refugee Conventions in the case of refugees.3 Government support for BIC companies as part of global export- led growth strategies for the defence, security software and hardware industries4 and other influence channels show the extent to which these companies benefit from close government relations. The ability to influence government policy on migrant detention and the use of mass surveillance technology at borders speaks to the lobbying power of companies and trade associations across BIC industries. -
Testimony of Roderick K. Becker, Comptroller Department of Accounting and General Services to the House Committee on Finance Wednesday, February 28, 2018 11:00 A.M
DAVID Y. IGE RODERICK K. BECKER GOVERNOR Comptroller AUDREY HIDANO Deputy Comptroller STATE OF HAWAII DEPARTMENT OF ACCOUNTING AND GENERAL SERVICES P.O. BOX 119, HONOLULU, HAWAII 96810-0119 TESTIMONY OF RODERICK K. BECKER, COMPTROLLER DEPARTMENT OF ACCOUNTING AND GENERAL SERVICES TO THE HOUSE COMMITTEE ON FINANCE WEDNESDAY, FEBRUARY 28, 2018 11:00 A.M. CONFERENCE ROOM 308 H.B. 2581, H.D. 1 RELATING TO PUBLIC-PRIVATE PARTNERSHIPS. Chair Luke, Vice Chair Cullen, and Members of the Committee, thank you for the opportunity to testify on H.B. 2581, H.D. 1. H.B. 2581, H.D. 1 will establish the Office of Public-Private Partnership and the position of State Public-Private Coordinator within the Department of Accounting and General Services (DAGS) to provide support in contracting for public-private partnerships to deliver and finance public projects theoretically at a lower lifecycle cost and more diversified risk than the traditional delivery processes. While the Department appreciates the intent of this measure to deliver public projects in a more efficient manner, we would like to highlight some areas of serious concerns. DAGS believes its recommendations to address these concerns will provide for a more effective means for the delivery of public-private projects: • The bill currently does not address or provide for an oversight role within the Executive branch as a final check or review prior to a State department or agency entering into a binding contractual arrangement with a private sector partner. As such arrangements may have significant upfront costs (i.e., planning, design and construction), a portion of which may have to be borne by the State including potentially long term financial commitments by the State in the form of H.B. -
An Examination of Private Financing for Correctional and Immigration Detention Facilities Report · in the Public Interest · June 2018
An examination of private financing for correctional and immigration detention facilities Report · In the Public Interest · June 2018 While governments have traditionally used municipal bonds to finance the construction of correctional facilities, there is evidence that the two major private prison companies, CoreCivic (formerly Corrections Corporation of America, or CCA) and GEO Group, are actively pushing governments to consider the use of private financing to build new facili- ties, and that governments are increasingly interested in the idea. This focus on building new prison and immigration detention facilities with private financing (known as “pub- lic-private partnerships”) represents a critical shift in these companies’ business model. The building and acquisition of real estate has become a central growth strategy as both companies became Real Estate Investment Trusts (REITs) in 2013, requiring them to have significant real estate holdings. As REITs, these companies must meet a number of requirements, including deriving a significant majority of their income from real estate activities and distributing the majority of their earnings to shareholders each year. In exchange, these companies are able to avoid corporate-level taxation. For example, GEO Group received almost $44 million in tax benefits in 2017 due its REIT status. Additionally, owning facilities is simply more profitable for the companies than managed-only con- tracts. This emphasis on real estate as a business strategy, combined with the current demand for additional jail and prison capacity due to changes in federal immigration and criminal justice policies, as well as states and localities looking to add additional capacity or sim- ply replace aging facilities, makes this sector ripe for private financing of new facility con- struction through public-private partnership (P3) contracts. -
Usef-I Q2 2021
Units Cost Market Value U.S. EQUITY FUND-I U.S. Equities 88.35% Domestic Common Stocks 10X GENOMICS INC 5,585 868,056 1,093,655 1ST SOURCE CORP 249 9,322 11,569 2U INC 301 10,632 12,543 3D SYSTEMS CORP 128 1,079 5,116 3M CO 11,516 2,040,779 2,287,423 A O SMITH CORP 6,897 407,294 496,998 AARON'S CO INC/THE 472 8,022 15,099 ABBOTT LABORATORIES 24,799 2,007,619 2,874,948 ABBVIE INC 17,604 1,588,697 1,982,915 ABERCROMBIE & FITCH CO 1,021 19,690 47,405 ABIOMED INC 9,158 2,800,138 2,858,303 ABM INDUSTRIES INC 1,126 40,076 49,938 ACACIA RESEARCH CORP 1,223 7,498 8,267 ACADEMY SPORTS & OUTDOORS INC 1,036 35,982 42,725 ACADIA HEALTHCARE CO INC 2,181 67,154 136,858 ACADIA REALTY TRUST 1,390 24,572 30,524 ACCO BRANDS CORP 1,709 11,329 14,749 ACI WORLDWIDE INC 6,138 169,838 227,965 ACTIVISION BLIZZARD INC 13,175 839,968 1,257,422 ACUITY BRANDS INC 1,404 132,535 262,590 ACUSHNET HOLDINGS CORP 466 15,677 23,020 ADAPTHEALTH CORP 1,320 39,475 36,181 ADAPTIVE BIOTECHNOLOGIES CORP 18,687 644,897 763,551 ADDUS HOMECARE CORP 148 13,034 12,912 ADOBE INC 5,047 1,447,216 2,955,725 ADT INC 3,049 22,268 32,899 ADTALEM GLOBAL EDUCATION INC 846 31,161 30,151 ADTRAN INC 892 10,257 18,420 ADVANCE AUTO PARTS INC 216 34,544 44,310 ADVANCED DRAINAGE SYSTEMS INC 12,295 298,154 1,433,228 ADVANCED MICRO DEVICES INC 14,280 895,664 1,341,320 ADVANSIX INC 674 15,459 20,126 ADVANTAGE SOLUTIONS INC 1,279 14,497 13,800 ADVERUM BIOTECHNOLOGIES INC 1,840 7,030 6,440 AECOM 5,145 227,453 325,781 AEGLEA BIOTHERAPEUTICS INC 287 1,770 1,998 AEMETIS INC 498 6,023 5,563 AERSALE CORP -
Corporate Services Corporate Services
CORPORATECORPORATE SERVICESSERVICES LOCAL The Nashville region has established itself as one of COMPANY EMPLOYEES the most desirable headquarters and corporate office locations in America. The top driver of that growth is Vanderbilt University Medical Center and Monroe Carrell Jr. Children’s Hospital at Vanderbilt 23,627 the region’s strong talent pipeline. The Nashville region is home to more than 123,000 students who attend the Nissan North America 10,750 region’s higher education institutions, with 60 percent HCA Healthcare Inc. 10,613 choosing to remain in the area to work. Vanderbilt Saint Thomas Health 6,100 University, Middle Tennessee State University, Fisk Vanderbilt University 5,695 University, Tennessee State University, Belmont University, Lipscomb University and a host of two-year Community Health Systems Inc. 4,700 institutions are just a few of the talent suppliers for the Asurion 3,750 area’s corporate offices. The Nashville region is also one Bridgestone Americas Inc. 3,539 of the most attractive metropolitan areas in the country for in-migration. Nashville adds 83 people per day, National Healthcare Corp. 3,250 providing the region’s employers a continuous supply of Cracker Barrel Old Country Store Inc. 3,085 available workforce. Shoney’s 3,000 AT&T Inc. 2,250 Corporate headquarters in the region range from sectors including retail (Amazon, Dollar General, Dollar General Corp. 2,585 Tractor Supply Company, Kirkland’s, Genesco) to health UnitedHealthcare 1,984 care (HCA, Community Health Systems, LifePoint) to A.O. Smith Corp. 2,456 manufacturing (Nissan, Bridgestone, Hankook Tire) and financial services (AllianceBernstein). The continued Ingram Content Group Inc.