Funeral Director Daily
It’s Monday morning and I thought I would bring you some news that hit the wire over the weekend. Nothing new about this news. . . if anything it continues to reinforce the facts that cremation is increasing, people are still paranoid about funeral homes, and less caskets are being sold in America. Here’s is…
Read MoreIn a release from Globe Newswire that you can read here, Security National Financial Corporation’s wholly owned subsidiary, Memorial Mortuaries and Cemeteries, announced the acquisition of two funeral homes in Utah. Security National Financial Corporation is a Utah based public company and is engaged in three business segments — life insurance, cemetery and mortuary, and…
Read MoreTwo articles were recently written about an article that was published by Dr. Nathan Yu and colleagues in the Journal of American Medicine (JAMA) on February 26. The JAMA article was a case report dealing with a 69 year old man with pancreatic cancer who was treated with nuclear medicine at an Arizona hospital in…
Read MoreOn February 22 Carriage Services executives including CEO Mel Payne and Chief Financial Officer Ben Brink held a call with investment advisors relating to the Full Year 2018 results of Carriage Services. You can read a full transcript of that call here. A few days ago we reported on the earnings report in this column…
Read MoreWhile I was researching for articles for today’s post it just hit me as I looked at the articles and I realized that just about everyday some funeral director is written up in their local newspaper because what they have meant to their community. Most of us are happy to be in the background just…
Read MorePark Lawn Corporation, the Toronto based cemetery and funeral home consolidator announced last week that they had reached an agreement to purchase Madison, Wisconsin based Cress Funeral Service for US$ 20.3 million. You can read a press release from Park Lawn here. Park Lawn, in their press release, makes these statements: The price to be…
Read MoreAmerica’s largest owner of funeral homes reported their 2018 4th quarter and 2018 Year End results on Monday, February 18. You can read a copy of the press release from Service Corporation International here. For the year, Service Corporation reported revenue of $3.190 billion as compared to 2017’s $3.095 billion — an increase in revenue…
Read MoreLast week, just a few days after filing their 2Q 2018 financial report StoneMor Partners issued a press release that you can read here pertaining to their 3rd Quarter 2018 performance. The company continued to report a net loss as they reported a loss of $17.2 million for the quarter and a year to date…
Read MoreAfter Life Mortuary Services opened last October and according to this article from the Memphis Commercial Appeal it is believed to be the first Memphis mortuary service to be owned and operated by black women. According to co-owner Dana Taylor, “It’s probably because it’s been a male-dominant field, and it’s been that way for years. …
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