Finance
In a release dated July 19 that you can read here, investor’s service Moody’s upgraded the debt rating of public company Hillenbrand Industries from a Ba1 to a Baa3. They also noticed that the outlook of the company going forward is “Stable”. Hillenbrand Industries is the owner of U.S. casket manufacturer market share leader Batesville…
Last week we brought you a press release about the renaming of funeral homes in the Sarasota, Florida area. The funeral homes, operated by Service Corporation International were rebranded with a derivative of the Toale family name. We also told you in our article that the press release was somewhat odd and vague and we…
Last week Carriage Services, a funeral service public company based in Houston, Texas, announced that they had acquired two funeral homes in the State of Virginia. You can read the press release here. The release announces the acquisition of the Covenant Funeral Homes in Fredericksburg and Stafford, Virginia. The release goes on to say that…
In a news release provided by Park Lawn Corporation that you can read here, the company announced on July 5, 2018, that they are purchasing the Hanson Arbor Funeral Chapels in the Okanagan Valley of British Columbia. The purchase will bring four funeral homes and a crematorium into the Park Lawn family. The release also…
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”]
