Funeral Director Daily

Carriage Service’s 3rd Quarter. . . CEO speaks on new opportunities, letter of intent

By Funeral Director Daily / November 6, 2019 /

Last week funeral home and cemetery consolidator and operator Carriage Services reported their 3rd quarter results for 2019.  After some disappointing results in the past year, the 3Q report was filled with enough upside results to put a little jump in the step of Carriage Service executives and stockholders.  You can see the company results…

Read More

Axar Capital purchases additional StoneMor stock

By Funeral Director Daily / November 5, 2019 /

  According to this article and also verified on E-Trade, Axar Capital Management L.P. purchased 3,925,660 shares of StoneMor Partners L.P. stock on Wednesday, October 30, at an average share price of $1.00 per share.  That share price indicated the 52-week low for the stock which had traded as high as $5.01 just over a…

Read More

The dead rising?

By Funeral Director Daily / November 5, 2019 /

Regardless what your personal views are on climate change, we found this article from the E & E News that explains that there have been a lot more cemeteries that have seen problems from rising water and what E & E determines is climate change in the last couple of years. The article starts off…

Read More

The story of the CS Mackay-Bennett. . . the Titanic “morgue ship”

By Funeral Director Daily / November 4, 2019 /

Virtually everyone knows the story of the RMS Titanic and its sinking in the north Atlantic Ocean late on the night of April 12, 1912.  Most of us even know the story of the RMS Carpathia, the rescue ship that arrived on the scene of the Titanic disaster in only about four hours and was…

Read More

Our thoughts on SCI’s earning report. . .leaders comment on SCI Direct, West Coast cemeteries, and the acquisition environment

By Funeral Director Daily / November 4, 2019 /

Last week we provided a link to where you could go to read the 3rd Quarter report on Service Corporation International.  We will provide that link again here.  Here’s what SCI President and CEO, Tom Ryan, commented on in that report.  “. . .This solid funeral performance driven by an increase in funeral services performed…

Read More

Massachusetts funeral director license suspended

By Funeral Director Daily / November 1, 2019 /

According to this article from the Telegram.com, long-time Worcester, Massachusetts funeral director Peter A. Stefan had has his license to operate suspended as of October 25.  Again, according to the article the suspension comes from a second inspection of his funeral home on October 23.  . the first inspection was on September 3. The article…

Read More

Just in time for Halloween

By Funeral Director Daily / October 31, 2019 /

Leave it to a couple of iconic names in the business news world to connect the death care profession with Halloween.  Although you should probably expect it, we came across a couple of articles today that link our livelihoods with the October 31 holiday. First, from Forbes.  In this article you can read about “13…

Read More

Meet the “Glam Reaper”

By Funeral Director Daily / October 31, 2019 /

Many of the nicest people I know work in the funeral profession.  And, an interesting thing about some of those people is listening to the stories of how they got into the profession.  I’ve talked to people who were medics in the army, drove ambulance, or worked as nurses who all saw the the compassion…

Read More

Carriage Services, SCI report 3rd Quarter Results

By Funeral Director Daily / October 30, 2019 /

Funeral home and cemetery public operation companies Carriage Services and Service Corporation International reported 3rd Quarter results October 28 and October 30 respectively.  Here are press releases from each company on their results. Funeral Director Daily will wait until after we have had the chance to read the transcripts of the analysts calls with the…

Read More

The tender mercies of our people . . . .

By Funeral Director Daily / October 30, 2019 /

“Show me the manner in which a nation cares for its dead, and I will measure with mathematical exactness the tender mercies of its people, their respect for the laws of the land, and their loyalty to high ideals.”  That is a quote by Sir William Ewart Gladstone, the 4-term Prime Minister of 19th century…

Read More

[mc4wp_form id=9607]
advertise here banner