Corrections Corp. Of America (CXW) has been rising steadily since the open Monday and is now up 1.20 at $24.90. The stock has broken out of a one-month range and has set a 9 1/2 month high.
Corrections Corp. Of America announced this morning that its Board of Directors approved its intention to initiate a quarterly cash dividend of $0.20 per share beginning in June of 2012.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.