Funeral Director Daily
As we have previously reported, StoneMor Inc. is in the middle of a proposed take-private merger movement led by the companies largest shareholder, Axar Capital. (Here is our article entitled “StoneMor agrees to Axar Capital Managment buyout”). That merger continues to move forward with the offering price of $3.50 per share now moving into a…
There has been some indications, and a lot of hope, that the inflation that we have is starting to subside. While we are now in the 3rd Quarter of 2022, Wal-Mart recently posted their results for the 2nd Quarter of the year. To be honest, Wal-Mart’s profit reached $5.15 billion for the quarter which beat…
President Biden signed the Inflation Reduction Act into law yesterday. There’s a lot in it. . . how will it affect you and your business? Our friends at Clifton Larson Allen have some ideas. Here’s just one aspect of the law that may affect your business that I noticed in the CLA report: “A…
Earlier in August, partly through this press release, Aflac announced that they will be entering the “Final Expense” insurance market and made a point of detailing a strategy aiming consumer directed products at the Senior insurance market. Not only will Aflac offer a Final Expense product but they will also be rolling out a Medicare…
In Carriage Service’s 2nd Quarter financial report, Chief Administrative Officer and General Counsel, Steve Metzger, hinted that the company had two acquisitions in the pipeline that would probably be announced in the following couple of weeks. We now know, thru this Carriage Services press release, that one of those acquisitions appears to be 800-call Funeraria…
It isn’t very often when you hear of a bona-fide superstar in their athletic field that just can’t seem to wait for the next chapter of their life to start. However, that is where WNBA superstar Sylvia Fowles finds herself as she has counted down the last weeks and days of her 15-year WNBA career. …
Just a short note before I give you the Top Read articles for the past 30 days. I want to Thank You for reading Funeral Director Daily. Last week we topped the 30-day running total of 15,000 page views for the first time ever. As of today, I’m writing this on Saturday, August 13, we…
Park Lawn Corporation (PLC) reported their financial results for the 2nd Quarter of 2022 (April thru June) last week and their report was like many others we have seen — higher revenues, lower margins. You can see the press release here. For the quarter PLC reported Net Revenue of $75.9 million as compared to last…
Hillenbrand Industries, the parent company of Batesville Casket, reported its 3rd Quarter results earlier in the week. The 3rd Quarter for Hillenbrand encompasses the April thru June time period. It’s interesting to note that the Batesville segment of the business carried through with what we have been seen in the death care profession with other…
I was proof reading an article for Funeral Director Daily the other day and an odd thought hit me. I operated and managed our family owned funeral home for over 33 years and every day I went to work I did what had to be done and made many decisions. From time to time I…
