On Tuesday, The GEO Group Inc (NYSE:GEO)’s shares inclined 3.60% to $37.05.
The GEO Group (GEO) declared the activation of three company-owned facilities totaling 4,320 beds in Oklahoma, Michigan, and California.
In early June 2015, GEO began the intake of offenders at the 1,940-bed Great Plains Correctional Facility in Hinton, Oklahoma under a 10-year contract with the Federal Bureau of Prisons. In late June 2015, GEO also began the intake of inmates from the State of Vermont at the 1,740-bed North Lake Correctional Facility in Baldwin, Michigan under a five-year agreement with the Vermont Department of Corrections. Under the contract, GEO will provide comprehensive correctional administration services, counting the provision of industry-leading, evidence-based offender rehabilitation programs under the ‘GEO Continuum of Care.’ On July 1, 2015, GEO activated a 640-bed expansion and began the intake process at the Adelanto Detention Facility in Adelanto, California under the existing contractual structure with the City of Adelanto and U.S. Immigration and Customs Enforcement.
The GEO Group, Inc. provides government-outsourced services specializing in the administration of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the United States, Australia, South Africa, the United Kingdom, and Canada. It operates through four segments: U.S. Corrections & Detention, GEO Community Services, International Services, and Facility Construction & Design.
Pioneer Energy Services Corp (NYSE:PES)’s shares gained 3.69% to $4.78.
Pioneer Energy Services (PES) declared that it will release its second quarter 2015 financial results before the market opens on Thursday, July 30. In conjunction with the release, Pioneer has scheduled a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).
Pioneer Energy Services Corp., through its auxiliaries, provides drilling services and production services to oil and gas exploration and production companies in the United States and Colombia.
At the end of Tuesday’s trade Citrix Systems, Inc. (NASDAQ:CTXS)‘s shares surged 1.10% to $70.89.
Citrix declared products and tools to assist Microsoft customers accelerate the adoption of Windows 10 and simplify migrations to the new operating system. As people start using personal or corporate Windows 10 laptops and tablets for work, they will need to access core Windows business applications. Citrix app and desktop virtualization software and migration tools enable partners and IT organizations to deliver immediate access to core business applications on new Windows 10 PCs and tablets, simplify the rollout of Windows 10 desktops and streamline the business app migration process. Operating system upgrades like Windows 10 serve as an ideal time to embrace app and desktop virtualization as a long-term strategy to improve the administration, security and performance of Windows apps and desktops.
Software and Tools to Accelerate Adoption and Simplify Migrations
Major operating system migrations typically present a number of key challenges for enterprises. The first preceding is to make sure current business-critical applications and data are supported and accessible on the new operating system. Another preceding is to migrate applications to the new operating system, a process that can be costly and time-consuming without the right tools and processes. IT organizations also need to deploy the new Windows 10 operating system across a variety of hardware and office locations in as seamless a manner as possible. Citrix offers software, tools and processes that address all of these potential migration issues.
Citrix Systems, Inc. provides virtualization, mobility administration, networking, and Software as a Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data; XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; Citrix XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; and Citrix Workspace Suite, a business mobility solution that delivers the user experience for any app or desktop.
Meritor Inc (NYSE:MTOR), ended its Tuesday’s trading session with -2.21% loss, and closed at $13.30.
Meritor, Inc. (MTOR) declared that it has purchased the majority of the assets at the Sypris Solutions, Inc. manufacturing facility in Morganton, North Carolina.
Brett Penzkofer, vice president and general manager of Meritor’s trailer business stated that Bringing the Morganton facility under the Meritor umbrella allows them to expand operations while demonstrating their continued commitment to supplying axle and suspension components to our customers
The facility currently manufactures trailer axle beams, and machines carriers and differentials for Meritor, in addition to producing light vehicle components for other customers.
Meritor, Inc. designs, develops, manufactures, sells, markets, distributes, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. It operates through two segments, Commercial Truck & Industrial, and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drive train systems and components, counting axles, drivelines, and braking and suspension systems primarily for medium and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications.
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