Funeral Director Daily
This press release from Globe Newswire indicates that the StoneMor, Inc. has received a “Going Private” proposal from Axar Capital as of May 24, 2020. In the proposal, Axar Capital Management, which is an approximately 52% owner of StoneMor, Inc., has proposed paying $0.67 per share to purchase all of the outstanding shares of the…
For almost 40 years our funeral home has had advertising for preneed clientele based on the premise, “Like an umbrella in a sudden shower, some things are good to have before they are needed”. In different ways on radio, print, and online we go on to explain that preneed funeral insurance is one of those…
Today (which is Tuesday-as I usually write these columns a day ahead of time) in Minnesota is a warm, humid morning with threats of rain. I usually take a run every morning and because of the weather I did so indoors on the treadmill while flashing the television between CNBC and Fox News. The television…
A short time ago Carriage Services, the Houston, Texas, based funeral home and cemetery operator announced they would delay their First Quarter 2020 financial results so that they could also report cornavirus related April results and May trends. It is interesting to note that their First Quarter report that you can access here is titled,…
If you have read my blog for any length of time you will know that I love holidays. I love the religious holidays like Christmas and Easter and look forward to those days for what they mean to my spiritual life. I also love those days because several years ago I took it upon myself…
Hillenbrand Industries, parent company of Batesville Casket Company and Assurant, the financial services company that counts it Global Preneed business among its three divisions both reported financial results during early May and we now bring you those results. Batesville Casket, which represents about 20% of the total revenue of Hillenbrand Industries reported an increase of…
I recently came across this article from Toronto Life. It is excellent . . . you should read it. I found it heartwarming, compassionate, and sincere — it is about a funeral director and a funeral home trying to give care in the throes of the COVID-19 pandemic. Here’s a quote from the article which…
StoneMor, Inc., the Pennsylvania based funeral home and cemetery operator reported their First Quarter of 2020 results last week. These results cover the period from January 1 to March 31, 2020. You can see a summary of the report here. The company operates 319 cemeteries and 88 funeral homes in the United States and Puerto…
Funeral Director Daily has compiled some timely information on webinars in the industry and other information that you may be able to use. Webinar: Weathering the Perfect Storm. This free webinar is brought to you by Funeral Directors Life Insurance Company (FDLIC). According to FDLIC you will “hear from investment analyst and CEO of Parkway…
