Funeral Director Daily
I live in Minnesota and every year when the calendar turned over into November I had two thoughts. . . Five months of winter ahead and time to make sure the income and expense budget for the funeral home is set up for the new year ahead. I operated a funeral home that over time…
Read MoreAssurant is a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases. In relation to the death care industry they are a provider of pre-need or what they call “pre-funded funeral insurance”. Assurant is a Fortune 500 company with a presence in 21 countries. They recently reported their…
Read MoreAcquisitions continue to be announced in the death care business. It seems that there are a lot of businesses where the ownership is ready to transition out of the profession and there is an ever growing number of neighbor, regional, and national providers of funeral and cremation care that are intent on getting larger. In…
Read MoreYou have seen me write many times that I look for trends in the business world and then try to stay ahead of those to be in on the upswing with what is happening and have the ability to capture new business before many competitors have even seen the trend emerging. It’s that way not…
Read MoreLast 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 MoreAccording 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 MoreVirtually 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 MoreLast 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…
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