since president trump s election, share prices for geo have shot up 25% while core civic s stock is 12% higher. mtc is not publicly traded but the revenues are said to be robust. we have a guest to talk about this. walk us through this. you wrote about the billion dollar business of operating facilities, and one nonprofit group. southwest key programs in particular which has a contract with the department of health and human services. tell us about this organization. sure. southwest is different. it s not a private prison contractor. it received a $955 million three-year contract to house and detain immigrant children. i think one of the things about southwest key that s interesting is they say the reason the business as boomed is because of the numbers crossing the border. 500 people a day 14 years ago to
a commuter airliner and two other planes dangerously close to one another. it happened at washington s reagan national airport. and in an extraordinary move, the faa administrator and the transportation secretary came out today to talk about what happened. our brian todd is at the airport. brian. reporter: yeah, candy. extraordinary because for the first time we re getting the hard information from america s two top transportation officials that this was really too close a call. they came out in a hastily called news conference to say, yes, it was too close a call. another part of that news conference they really want to brush back on initial media reports saying that these planes were on a collision course. they re saying they would not have collided. that would not have happened. essentially the way they lay it out is this. it all played out pretty much over where i m standing here tuesday afternoon. there was a whole line of planes coming in from that direction toward me
spending and that s because trat decisional path to prosperity is still strewn with debris from the last storm. the big one, the recession. your job and the wage you bring home is the single most important way to build wealth. but despite net job growth for two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there rinare investmen. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, you re getting nothing. even our virtually nonexistent inflation is higher than what you re earning. you are being penalized for not taking risks. ironically, owning your home may be the one vehicle to personal we will thaj shows some signs of brightness. home price maze have hit bottom and finally bouncing back. if that s the case, then now is the best time to buy a home or refinance a loan. interest rates
good evening, everyone. i m erin burnett. outfront tonight, facebook not making many friends this evening because just a few hours ago, facebook came out with its first earnings report as a big public company. and it did do about what people thought. revenue was up 32% from a year ago. that may sound good but the problem is facebook s shares are taking a big hit. you remember, this is a company that was second biggest stock market launch ever. today facebook shares closed at 26 a share. $26 a share. you see that black diamond-looking ski slope. it s falling even after the market closed tonight. down about 30% from where it went public. this obviously has hurt a lot of people who struggled to try to get shares of this ipo. why are people so nervous? there s one word and it s money. during tonight s conference call with investors, mark zuckerberg, the ceo of facebook, made it clear that making money from advertising is a top priority. we know that social ads perform much be
earnings report as a big public company. and it did do about what people thought. revenue was up 32% from a year ago. that may sound good but the problem is facebook s shares are taking a big hit. you remember, this is a company that was second biggest stock market launch ever. today facebook shares closed at 26 a share. you see that black diamond-looking ski slope. it s falling even after the market closed tonight. down about 30% from where it went public. this obviously has hurt a lot of people who struggled to try to get shares of this ipo. why are people so nervous? there s one word and it s money. during tonight s conference call with investors, mark zuckerberg, the ceo of facebook, made it clear that making money from advertising is a top priority. we know that social ads perform much better than nonsocial ads so our job over the next few years is to increase the percentage of ads that are social and engaging. social and engaging ads. well, you know, advertising a w