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canada goose clearance Feb 7 Fitch Ratings has assigned a initial Issuer Default Rating (IDR) to Corrections Corp. of America (CCA). Fitch has also assigned canada goose store a rating to the company $785 million secured credit facility, and a rating to $645 million of senior unsecured notes. Canada Goose online The Rating Outlook is Stable. The IDR considers the attractive long term credit characteristics of the private correctional facilities industry, including:

cheap Canada Goose (2) modest private sector penetration of prison populations, andCCA maintains a leading position (44% market share) in the industry, which is highly concentrated and has significant barriers to entry. cheap Canada Goose GEO Group is its largest competitor with about 31% market share. Fitch also views the industry in the context of a comparable set that includes hotels, hospitals, private canada goose prisons, and REITs. private correctional facilities industry is at an canada goose outlet online early stage of its industry life cycle. Although the privatization of correctional facilities dates back to the early 1980s, only about 10% of beds are currently outsourced. The number of outsourced beds has grown from 11,000 in 1990 to more than 205,000 today, Canada Goose Outlet or a CAGR of 15.7% over that time frame. In contrast, canada goose black friday sale roughly 20% of hospital beds are privatized. CCA business reflects the stability tied to contractual income. CCA enters into contracts with the federal, cheap canada goose uk state, and/or local governments that guarantees (1) a per diem rate or (2) a take or pay arrangement that guarantees minimum occupancy levels.

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Canada Goose Parka kgod88 7 points submitted 10 hours ago

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this is a very objective question obviously, its opinion but this is mine 🙂

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kgod88 9 points submitted 7 days ago

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kgod88 6 points submitted 7 days ago

Canada Goose sale Insofar as we talking about findings that really aren canada goose coats on sale replicable by laypeople CERN is a good example of this I think this is a valid point. As such, I think it perfectly reasonable for laypeople to hedge their bets by saying things like „assuming these conclusions are accurate.” and otherwise maintaining a healthy level of skepticism.

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They face other challenges such as persuading Asian fund

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canada goose coats on sale HONG KONG (Reuters) After 27 canada goose clearance years working for investment Canada Goose Coats On Sale banks and hedge funds, Hong Kong based equity research analyst Paul Schulte decided it was time to fly solo.

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Now, a growing canada goose clearance sale number of analysts are trying their luck as independents, selling knowledge and expertise picking stocks, as investment banks have cut back on research departments in the wake of the global financial crisis.

are in a very different world, Schulte, uk canada goose a 48 year old American, told Reuters in a Hong Kong office space that he shares with other companies.

the last four years, if you don see that the research game in investment banks is over, then you are just a fool, said the ex Lehman executive.

Canada Goose online Banks were and continue to be under pressure because of shrinking trading volumes, thinning client lists and regulatory changes restricting their proprietary trading activities.

As a Canada Goose Jackets result, there were less jobs and pay in research units, and less chance of career advancement. It became a recipe for disillusion, raising questions over professional values and quality of life for Schulte.

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These days he is unafraid to make a lot more sell recommendations than he ever did working for banks. Nearly half of his calls are right now as compared to less than a tenth that the teams he led at banks regularly issued.

Schulte, who also teaches at the University of Science and Technology in Hong Kong, is among a growing number of independent analysts challenging the overly optimistic ratings that the sell side analysts often give to the companies they cover.

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Top analysts, who just a few years ago took home $1 million plus, have become increasingly unaffordable and left banks to set canada goose coats up on their own.

The inroads made in Asia canada goose uk outlet by independents are modest and few are profitable, but the growth is evident.

canada goose store Commissions paid to the independent research industry in Asia has risen by 40 percent to $200 million since 2009, according to Integrity Research Associates, a consultant.

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canadian goose jacket GROWTH INDUSTRY In April, Schulte joined the platform of IND X Securities (Asia) Ltd, a marketing and canada goose coats on sale support firm for independent analysts, and founded his own research service.

Canada Goose sale Hong Kong based IND X has marketing and support relationships with over 30 quality independent canada goose factory sale research providers, focusing mainly on Asia and emerging markets. It estimates there are roughly 40 such independent firms operational in Asia.

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The funds industry itself is maturing. As the rank of experienced analysts shrink at banks due to cost pressures, senior portfolio managers are likely to consider subscribing to independent research firms started by top analysts.

are sort of grizzled analysts, who are disillusioned, highly Canada Goose Parka sceptical, do not want to Canada Goose Outlet work for big investment banks and they have seen a number of cycles and that uk canada goose outlet what people pay for, said Gillem Tulloch, founder of Forensic Asia.

Canada Goose Jackets Independent research firms charge anywhere between $10,000 to $100,000 per year subscription fees in Asia.

To keep cost down they share resources, Canada Goose sale often hosting meetings at Starbucks rather than the boardroom. They face other challenges such as persuading Asian fund managers, who are used to getting support from the cheap Canada Goose sell side, to pay for research.

canada goose coats Louis Vincent Gave, the chief executive of a 60 man team at Gavekal, said canada goose uk black friday one of the main challenges is also from the rise of passive funds and exchange traded funds that require no research to invest and are getting more popular globally.

don think canada goose mens jacket sale we are going to see a wholesale migration of the research function from banks to the independent research space, said Tim Condon, managing director and head of Asian research at ING Groep NV in Singapore.

buy canada goose jacket cheap is definitely room for them but they will be at the fringes. Research is free at the banks and comes packaged with other benefits for the buy side.

Banks help funds execute trade and arrange corporate access. While technology is making execution less of an advantage, banks continue to rule when it comes to connecting fund managers with companies using their buy canada goose jacket cheap investment banking relationships.

canada goose It tough for the independent analysts to match that, buy canada goose jacket but they say clients do not expect cheap canada goose uk corporate access from them but value and pay for research and opinion Canada Goose Online.