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Corrections Corporation of America Message Board

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  • OOHAYI OOHAYI May 13, 1999 8:41 PM Flag

    The last time I posted .......

    You should do your research before you
    post.

    Profile.


    Address:
    777 Westchester Avenue
    White
    Plains, NY 10604
    Phone:
    (914) 640-8100
    Fax:

    (602) 852-0984
    Sector:
    Services

    Industry:
    Casinos & Gaming
    Employees:

    130,000
    Officers:
    Barry S, Sternlicht, Chmn./CEO

    Ronald C. Brown, Exec. VP/CFO
    Thomas C. Janson,

    Exec. VP/Counsel/Secy.


    Business
    Summary

    HOT is a hotel operator and gaming company operating
    both directly and through its wholly owned
    subsidiaries. For the fiscal
    year ended 12/31/98, revenues
    rose 58% to $4.71 billion. Net income available to
    Common from continuing operations before
    extra item.
    and accounting change increased to $125 million vs. a
    loss of $270 million. Revenues benefited from the
    increased
    number of hotels due to the reverse acquisition of ITT.
    Net income reflects higher gross profit margins.

 
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