Finance

What Price is Too High?

By Funeral Director Daily / June 20, 2018 /

I was driving into a board meeting on Monday and listening to one of the business channels on Sirius Radio.  The topic that came up and was being discussed was the potential acquisition of Fox by either Disney or Comcast.  As you may know, Fox  was given an acquisition offer by Disney last December at…

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InvoCare adds two heritage funeral homes in New Zealand

By Funeral Director Daily / June 15, 2018 /

InvoCare Limited, the market leading funeral home firm in Australia, announced Friday that it will be closing on two acquisitions from the South Island of New Zealand on June 22.  You can read a clip about this from Motley Fool Australia here. The company will acquire Hope and Sons Funeral Directors in Dunedin and  Whitestone…

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Checking in on the Death Care Index

By Funeral Director Daily / June 13, 2018 /

Part of what we try to do at Funeral Director Daily is to keep you updated on all things funeral service.  One of the ways we do that is by watching what is happening with the publicly held death care community stocks.  Here are the stocks that we check up on regularly and compute the…

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Gerlach on Carriage Services

By Funeral Director Daily / June 12, 2018 /

We found a short opinion on the stock ownership values of Carriage Services today by Douglas Gerlach and published on Moneyshow.com.  We present you the article here with no opinion on our part. [wpforms id=”436″ title=”true” description=”true”]

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Service Corporation adds Board Members

By Funeral Director Daily / June 8, 2018 /

Last week Houston based funeral home conglomerate Service Corporation International (SCI) added two new members to its board of directors.  A press release from SCI that you can read here announces the appointments of Jakki L. Haussler and Sara Martinez Tucker as the new members. According to the release, SCI CEO Tom Ryan stated that…

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Carriage Services closes Senior Notes Offering

By Funeral Director Daily / June 5, 2018 /

  Carriage Services, a publicly owned death care provider that according to its web-site owns and operates 178 funeral homes in 29 states and 32 cemeteries in 11 states, announced last week that they have closed a Senior Notes Offering and entered into a new Senior Secured Revolving Credit Facility.  You can read the company’s…

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Is Funeral Service an “Unappealing” Industry?

By Funeral Director Daily / May 30, 2018 /

I’ve always been intrigued by the stock market.  I can remember over 50 years ago talking to my dad about what he thought was the end-all when looking at companies to potentially invest in.  For him it was the P/E ratio.  Dad always wanted the stock to have a P/E ratio of 15 or less…

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Security National Memorial segment increases Sales and Profits

By Funeral Director Daily / May 21, 2018 /

Last week, public company Security National Financial Corporation reported the results of their First Quarter of 2018.  In the press release that you can read here they report that two of their three operating segments had increases in sales and profits on a year over year basis. As you may recall, Security National Financial Corporation…

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Park Lawn Corporation Reports 1Q 2018

By Funeral Director Daily / May 17, 2018 /

  After the close of business on Tuesday, May 15, Canadian death care consolidator Park Lawn Corporation reported their First Quarter results for 2018.  You can see a copy of their Press Release here. Park Lawn reported revenues of $27,206,240 for the quarter compared to revenues of $18,802,424 for the same period of a year…

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Legacy Funeral Group Announces Texas Acquisition

By Funeral Director Daily / May 15, 2018 /

Last week the Legacy Funeral Group announced the acquisition of the Charlie Marshall Funeral Homes.  The Charlie Marshall Funeral Homes were founded in 1949 and have served the Texas communities of Aransas Pass and Rockport for over 65 years.  You can read a press release on the transaction here. According to the press release, the…

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