Funeral Director Daily
Most funeral homes, regardless of where they are located, are lamenting the tide that is turning – or has already turned – as the business of death care turns from earth burial dispositions to cremation dispositions. Even the best run death care businesses – whether funeral home or cemetery – are having to make tough…
Read MoreOn Tuesday, September 26, 2017, Zacks Investment Research issued an upgrade on the stock of funeral industry public company Carriage Services. You can read about that upgrade and more about Carriage Services in that news release here. [wpforms id=”436″ title=”true” description=”true”]
Read MoreThe State of West Virginia Health and Human Resources Department requires all suspected drug overdose deaths to be transported to the Chief Medical Examiner’s Office at the state morgue, autopsied, and a toxicology report must be made in an attempt to pinpoint what exactly caused the death. After this is done the State then has…
Read MoreHaving seen news last week that Foundation Partners closed on an acquisition in Wisconsin I did a little research on what, at least anecdotally, are the acquisition targets of the larger companies. I did so because the purchase of the Schneider-Michaelis Funeral Home in Jefferson, Wisconsin, didn’t seem to fit what Foundation Partners had been…
Read MoreFuneral directors and the funeral industry have never came across real good in Hollywood. The last funeral home related movie that I saw was “Bernie” based on the Cathage, Texas, funeral director Bernie Tiede – portrayed by Jack Black – who was convicted and sentenced for murdering a wealthy widow with whom he had an…
Read MoreAssurant, a major player in the funeral pre-need insurance industry has estimated losses in its Global Housing segment due to Hurricanes Harvey and Irma. The company said in a statement, reported by MarketWatch, that it expects losses, net of reinsurance, for Hurricane Harvey in the Texas gulf to be in a range of up to…
Read MoreSeeking Alpha put out an article today written by The Growth Path Guru that questions StoneMor’s ability to increase sales and also tries to figure out where the cash for future distributions will come from. It also suggests that StoneMor is being questioned by the SEC on some issues. Funeral Director Daily take: I’ve said…
Read MoreIt’s another Monday and time for a round-up of things that are happening in the death care industry and should be of interest to anyone who works in that industry. Today we will tell you about government entities providing more space for veteran burials as well as one municipality that has come to loggerheads about…
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