Funeral Director Daily
We last visited the Death Care Index (DCI) following the March 3, 2017 market close. At that time the value of one share of each of the six death care industry stocks that make up the index totaled together would have equaled $269.84 with an annual dividend of $5.66 for a 2.06% yield. As of…
Read MoreOn Wednesday, May 17, StoneMor Partners took some steps to reverse the fortunes of their company when they named a new CEO and a new CFO to replace departed CFO Sean McGrath and CEO Lawrence Miller. StoneMor has been plagued for over the last year with quarterly losses, decreased cash flows, and a cut of…
Read MoreI just read an article on something you don’t see very often in the funeral industry. An article that was posted in the Times Herald Recordonline from Orange County, New York, pertained to the bankruptcy case, and hopeful solution to it, of a funeral business from that area. The article is about Mr. Anthony Ingrassia…
Read MoreHolly Price, a recent University of Michigan MBA graduate learned a lot a while back when her mother was suffering from a cardiac arrest and funeral arrangements, and other life-ending decisions, looked like they had to be made. According to a Press Release from the University of Michigan, Price used the experience – fortunately her…
Read MoreA recent press release by Homesteaders Life Company, a funeral industry pre-arrangement company, announced that a succession plan for the leadership of the company was recently passed at their May 2017 meeting. Using forward thinking the board accepted CEO Stephen Lang’s pending retirement in March 2018 and approved the plan to have COO Stephen Shaffer…
Read MoreThe above headline has shown up in a news story and web-site story from WHEC TV in Rochester, New York. While attention grabbing, the news feature and story does eventually tell people that while there can be a wide variety of ranges for similar services, many times you do get what you pay for at…
Read MoreIn the past ten days I have had the opportunity to participate in my annual golf outing over four days in Las Vegas, Nevada, with 127 other death care industry operatives from all aspects of the industry. The event, which is a get-together of old friends, is spearheaded by Johnson Consulting’s Tom Johnson, and is…
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