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CXW: New Contracts, Reactivating Facilities, Well-Positioned With Strong Balance Sheet

CoreCivic (NYSE:CXW) has recently announced multiple new contract awards. The expected aggregate annual incremental revenue from contracts signed in 3Q25 alone to reactivate formerly idled facilities ...
Accounting Today

FASB proposes ASU on credit losses, contract assets

The Financial Accounting Standards Board today published a proposed accounting standards update on the measurement of credit losses for accounts receivable and contract assets for private companies ...
Yahoo Finance

Independence Contract Drilling, Inc. Announces Emergence from Chapter 11 as a Private Company with Increased Liquidity and a Significantly Deleveraged Balance Sheet

HOUSTON, Jan. 20, 2025 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") today announced that it has successfully completed its Chapter 11 restructuring process and has ...
Accounting Today

FASB releases credit losses standard for AR and contract assets

The Financial Accounting Standards Board published an accounting standards update Wednesday with optional guidance on the measurement of credit losses for accounts receivable and contract assets. The ...