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Corrections Corporation of America Message Board

  • GenJackripper GenJackripper Nov 20, 2006 1:29 PM Flag

    Interesting stat.

    Back on Wednesday, November 8th, Harold Maass' The Best of Today's Business column (which appears on Y!-F Quote site's Home page each market day morning) contained the following item:

    << NOTED: If a single Wall Street analyst drops coverage of a company, the odds that the company CEO will leave within a year increase by 40 percent. (Business Week) >>

    http://finance.yahoo.com/columnist/article/business/11892

    In his ritual weekend's end-of-the-trading-week stats recording, the General has noted one less analyst's recommendation opinion for the 11/17/06 week just ended. It's now down to 5 'opinions' from 6. Coverage of CXW had increased from 5 to 6 a/o the week ending 3/24/06, almost 8 months ago.

 
CXW
33.79+0.21(+0.63%)3:48 PMEDT