cemeteries

Cornell University donates to Ithaca City Cemetery

By Funeral Director Daily / August 6, 2019 /

At Funeral Director Daily we have harped continuously about some of the problems plaguing many cemeteries in this day of fewer casketed interments and less top-line revenue coming into the cemetery coffers.  We’ve pointed out that at some point in the not so distant future many cemeteries will not be able to afford their own…

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Good Samaritans still abound

By Funeral Director Daily / June 12, 2019 /

We’ve advocated that one of the issues that funeral homes have to overcome to continue to serve the needs of families in need is to emphasize the fact the “Permanent Memorialization” matters.  By that we mean that cremated remains cannot just be left in a closet or left at the funeral home unclaimed.  They need…

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Carriage Services featured in Seeking Alpha article

By Funeral Director Daily / April 17, 2019 /

Author Noam Ganel wrote an article for Seeking Alpha entitled, “The Case for (and against) owning shares in Carriage Services” which was published on April 15.  You can read the article here. Funeral Director Daily take:  This is an interesting article that, in my opinion, the author researched well.  You may or may not like…

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Security National Cemeteries and Mortuaries revenue jumps 23% in 2018

By Funeral Director Daily / April 17, 2019 /

Utah based Security National Financial Corporation issued their 2018 financial results earlier this month and you can see a statement from them here.  The company announced a company wide increase in revenues of 1% to over $279 million.  In addition, SNFC announced that their after-tax earnings from operations jumped over 53% from about $14 million…

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Contrarian investor John Snyder opines on StoneMor Partners

By Funeral Director Daily / April 3, 2019 /

Value investor and self-described contrarian investor John Snyder wrote an article for Seeking Alpha that you can read here entitled, “Why I’m buying StoneMor”.  We will leave the facts at that and I will give my opinion on the piece below. Funeral Director Daily take:  This is an article that will cause all experienced funeral…

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Payne, Brink comment on Carriage Services going forward

By Funeral Director Daily / February 27, 2019 /

On February 22 Carriage Services executives including CEO Mel Payne and Chief Financial Officer Ben Brink held a call with investment advisors relating to the Full Year 2018 results of Carriage Services.  You can read a full transcript of that call here. A few days ago we reported on the earnings report in this column…

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Death Care. . . Regulations and Some Rules

By Funeral Director Daily / January 24, 2019 /

Over the past couple of days I’ve noticed a couple articles on rules and regulations in the Death Care industry.  These are not generally municipal or national rules but some rules that are now in effect in different places for different reasons.  I guess all that I have cited here make some sense to those…

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Singapore sites Four new funeral parlours

By Funeral Director Daily / January 16, 2019 /

Funeral customs around the world are interesting to observe.  But, just as the customs are interesting to observe so are the challenges of those in funeral service for profit in the differing countries with differing values in funeral service.  I recently read an article in Channel News Asia that you can read here. Land is…

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Whose Liability is it?

By Funeral Director Daily / September 6, 2018 /

Tuesday marked the opening of a trial in Memphis, Tennessee that you can read about here that is trying to get a finding as to whose responsibility is it when families have had grossly mishandled burials.  In this case, that of the Galilee Memorial Gardens of Memphis,  a lawsuit in which  more than 1,200 families…

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StoneMor accused of poorly maintaining Philadelphia Cemeteries

By Funeral Director Daily / August 27, 2018 /

In an article that you can read here the Archdiocese of Philadelphia has had to respond to accusations that its St. Peter and St. Paul Cemetery is not properly maintained.  The Archdiocese has a 60-year contract with StoneMor Partners to operate the cemeteries and has had to point out that “As the operator of the…

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