Finance
InvoCare, Australia’s leading national provider of funerals and cremations, announced earlier this week that it will continue to build its regional markets. They did so in the New South Wales/Victorian border area by purchasing the Lester and Son Mortuary. You can read a clip on the acquisition here. The purchase includes two fully equipped funeral…
Last week cemetery and funeral home consolidator StoneMor Partners issued press releases regarding their company. In essence the releases shared the following information: Release of Preliminary Unaudited 2017 Full Year Financials The appointment of a new CEO for the company, Mr. Joe Redling The establishment of a committee to look into the possibility of changing…
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…
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…
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…
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”]
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…
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…
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…
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…
