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| CCA stock rises on California problems |
| By The Tennessean |
| Published: 10/05/2006 |
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NASHVILLE, TN - Shares of Corrections Corporation of America shot up more than 10 percent earlier today after California's governor issued an emergency order to address prison overcrowding. The declaration by Gov. Arnold Schwarzenegger could allow the state to transfer prisoners out of state without their consent, raising prospects for new business for private companies that house inmates.Read more. If link has expired, check the website of the article's original news source. |
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