Finance
I was very fortunate as a youngster because I was schooled on investments and the market by my father. Giving me, what is now termed “financial literacy”, is one of the greatest gifts I have ever received. As a matter of fact, as a board member of a Big Ten institution, I have pushed our…
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From my point of view, the new management and leadership team at StoneMor, Inc. has been executing with all the right decisions to get the Pennsylvania funeral home and cemetery based operator moving forward in a profitable direction. They have made tough decisions in contracting out cemetery labor, removing it from a direct employee relationship…
Read MoreLater in this article you can read a press release issued last week that announced the acquisition of Aftercare.com by Tukios. Tukios is a major player in the video memorial creation software used, by Tukios count, over 5000 funeral homes. In our opinion, at Funeral Director Daily, companies with reach like Tukios, are smart to…
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As we head into the week before the Christmas Holiday I reprise my role as a guest of hosts Jeff Harbeson and Ryan Thogmartin on their Funeral Nation program. . . this time Episode #210. The hosts have me back quarterly to discuss death care companies in the public stock markets. . . where I…
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Earlier this week Foundation Partners Group, the Orlando based funeral home, crematory, and cemetery operator announced that it had purchased a company that operated three locations in Southwest Florida. You can read the press release on the acquisition here. Foundation Partners Group announced that it had acquired the Akin-Davis Funeral Homes. They also announced that…
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We checked into Funeral Director Daily’s proprietary Death Care Index (DCI) after the markets closed on Monday, the last day of November. That check-in allowed us to take a look at the eight stocks that make up the DCI and see where they were individually and as a group and how that group compared to…
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Our reports for the period of July thru September 2020 come to an end with today’s report on Matthews International. Funeral Director Daily files reports every quarter on the eight public companies that make up our financial Death Care Index (DCI). Today’s report on Matthew’s International, which you can access here, encompasses the mentioned time…
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We continue to roll out the earnings reports of the public death care companies and today is no exception. Today we tell you about one of the quieter companies that is starting to make a name for themselves as they grow. That company is Utah based Security National Financial Corporation (SNFC) and divisions of the…
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A couple of years ago I looked at StoneMor and their operations and told readers that they should, if they had a StoneMor competitor in their market, look at a possible acquisition of that competitor. Quite frankly, I was of the opinion that the way StoneMor was moving would probably lead to a liquidation and…
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You can read this article from Australia’s Market Herald that announced that Australia’s largest human funeral and cremation provider finalized a deal to purchase two pet cremation business in the country for a combined price of US $36.44 million ($49.8 million in Australian dollars). We learned that last week, InvoCare, purchased Family Pet Care and…
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