Funeral Director Daily
It may be Presidents’ Day today, but at Funeral Director Daily it feels a little more like Finance Day. We have already let you know about Carriage Services 4th quarter and year end results and on how their stock fared on Friday after the announcement. We just came across a little bit of finance information…
Read MoreDeath care stocks, StoneMor Partners and Carriage Services, both components of the Funeral Director Daily Death Care Index (DCI), had postive movements last Friday which lifted their companies stock price and market capitalization. Carriage Services reported Year End earnings for 2017 last week and we at Funeral Director Daily commented that the company “keeps chugging…
Read MoreCarriage Services, an American death care industry consolidator, again teased investors with some good results coupled with some items that they could improve on when they reported their end of year 2017 results last week. In a press release from the company that you can read here, Chief Executive Officer Mel Payne stated, “After eight…
Read MoreA jury in San Antonio has awarded a couple $8 million after finding the Mission Park Funeral Chapels and Cemeteries negligent in the loss of the their daughter’s body before she was to be cremated, according to an article in the Insurance Journal that you can read here. Sharlotte and Timothy Mott, parents of Julie…
Read MoreTwo funeral homes, one in Colorado and one in Utah, have been charged with unlawful acts according to articles about the funeral homes that were published recently. Sunset Mesa Funeral Directors of Montrose, Colorado has been issued a cease and desist order from the State of Colorado for “multiple and willful violations of the Mortuary…
Read MoreBy a vote of 65-33 the West Virginia House passed on Wednesday their Indigent Funeral Bill that will now move on to the state’s Senate. The somewhat conroversial bill reduces the price paid to funeral directors to $1000 per service from the current payment of $1250. However, the bill also names disposition by cremation as…
Read MoreService Corporation International of Houston, Texas, the nation’s largest provider of deathcare services reported 4th Quarter and Year End 2017 results on Tuesday, February 13. You can see the financials and read the commentary here. In a statement, Chief Executive Officer Tom Ryan commented, “We delivered a solid quarter as we close out 2017. .…
Read MoreHere is a short story from Action News Jacksonville which reports that the 2006 Hondy Odyssey that was reported stolen Monday with a body inside has been recovered. According to the Jacksonville Sheriff’s Office, the deceased was found inside the van. [wpforms id=”436″ title=”true” description=”true”]
Read MoreThe other day I was going thru my daily articles of the industry when I came across two articles, that while not unique to what I read, caused me to pause to think — “How will we solve these problems?” Because, I don’t think that these problems are going to go away with out some…
Read MoreHere is an update provided by mysanantonio.com on the civil trial against Mission Park Funeral Chapels and Cemeteries. As you may recall, the funeral business has been sued by the family of Julie Mott, who’s body went missing, when, according to the lawsuit, it was in the possession of the funeral home. The body has…
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