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Security National Financial Corporation (SNFC) is the last of our seven companies that comprise the Death Care Index (DCI) to report financial numbers for the April thru June 2022 period. . . which they did last week. You can see the SNFC press release and numbers here. As you may know, SNFC operates three divisions…
Last week Seeking Alpha contributing author Daniel Jones authored an article highlighting death care funeral home and cemetery operator Carriage Services. Here’s some of what he says in the article, “Although it may sound morbid to say, the death care space is a particularly interesting area for investors to explore. In a world where…
Parting Stone, the company that has pioneered the “solidified remains” method for cremated remains was informed by New Mexico Governor Michelle Lujan Grisham that they had received $150,000 from the state’s Local Economic Development Act (LEDA) to grow their employment numbers in their Santa Fe facility. In the press release from the Governor’s office that…
As we have previously reported, StoneMor Inc. is in the middle of a proposed take-private merger movement led by the companies largest shareholder, Axar Capital. (Here is our article entitled “StoneMor agrees to Axar Capital Managment buyout”). That merger continues to move forward with the offering price of $3.50 per share now moving into a…
There has been some indications, and a lot of hope, that the inflation that we have is starting to subside. While we are now in the 3rd Quarter of 2022, Wal-Mart recently posted their results for the 2nd Quarter of the year. To be honest, Wal-Mart’s profit reached $5.15 billion for the quarter which beat…
President Biden signed the Inflation Reduction Act into law yesterday. There’s a lot in it. . . how will it affect you and your business? Our friends at Clifton Larson Allen have some ideas. Here’s just one aspect of the law that may affect your business that I noticed in the CLA report: “A…
Earlier in August, partly through this press release, Aflac announced that they will be entering the “Final Expense” insurance market and made a point of detailing a strategy aiming consumer directed products at the Senior insurance market. Not only will Aflac offer a Final Expense product but they will also be rolling out a Medicare…
In Carriage Service’s 2nd Quarter financial report, Chief Administrative Officer and General Counsel, Steve Metzger, hinted that the company had two acquisitions in the pipeline that would probably be announced in the following couple of weeks. We now know, thru this Carriage Services press release, that one of those acquisitions appears to be 800-call Funeraria…
It isn’t very often when you hear of a bona-fide superstar in their athletic field that just can’t seem to wait for the next chapter of their life to start. However, that is where WNBA superstar Sylvia Fowles finds herself as she has counted down the last weeks and days of her 15-year WNBA career. …
Just a short note before I give you the Top Read articles for the past 30 days. I want to Thank You for reading Funeral Director Daily. Last week we topped the 30-day running total of 15,000 page views for the first time ever. As of today, I’m writing this on Saturday, August 13, we…
