Funeral Director Daily

Afternoon edition: FDLIC brightens up, SCI buys adjoining cemetery property, and more

By Funeral Director Daily / August 11, 2020 /

In today’s afternoon edition of Funeral Director Daily we have a couple of national firms in the news for differing reasons. First of all, we will tell you of Funeral Directors Life (FDLIC) and their investment in saving some of the world’s energy. They recently added a parking lot that will be covered by about…

Weekend edition: A little heavy on cemetery and virtual funeral news. . .but some weekend reading for you

By Funeral Director Daily / August 7, 2020 /

This weekend edition of Funeral Director Daily leads off with a great story you can access here. It is a story written by Isabella Jibilian for Business Insider. Jibilian describes herself as a graduate student who sought out management at Fernwood Cemetery so she could write about the high cost of real estate which, down…

Afternoon edition: The Cemetery Men. . . and more

By Funeral Director Daily / August 6, 2020 /

Today’s afternoon edition of Funeral Director Daily brings you stories about two men on a mission. And, these men live and work in separate hemispheres but both have found a calling among the COVID-19 pandemic. Our first story is that of Brother Ronald Marin and comes to us from the Catholic publication, Crux. Brother Marin…

Afternoon edition: News you can use. . . NFDA election and more

By Funeral Director Daily / August 5, 2020 /

In this press release from the National Funeral Directors Association (NFDA) we learned that Chris E. Christian and Beatrice “Bea” Lewanduski were elected to serve two-year terms on the NFDA Board of Directors. According to the press release Christian is the co-owner of Christian-Sells Funeral Home in Rogersville, Tennessee. The release also states that Lewanduski…

Afternoon edition: StoneMor receives 2nd offer to take it private. . . .and more news from the death care universe

By Funeral Director Daily / August 3, 2020 /

StoneMor, Inc., the Philadelphia area based operator of funeral homes and cemeteries, announced in this press release on Friday, July 31, that they are in receipt of a 2nd offer from a company that would seek to take the company private. If you remember, earlier this year, Axar Capital Management offered the company $0.67 per…

Here’s a new gig at the cemetery

By Funeral Director Daily / August 3, 2020 /

Over the last couple of years Funeral Director Daily has done many articles that pertain to cemeteries, not only in the United States, but around the world. Many of those articles have dealt with the uniqueness of a cemetery or the lack of upkeep in a cemetery, or, because of that lack of upkeep, an…

Service Corporation reports 2nd quarter. . . cemetery preneed impressive

By Funeral Director Daily / July 31, 2020 /

North America’s largest public purveyor of death care services, Service Corporation International (SCI), released its 2nd Quarter 2020 results on Wednesday. In a nutshell, they produced somewhat better than what was expected results in this COVID-19 environment. You can read their full 2Q 2020 report here. SCI reported revenues for the quarter of $820 million…

Carriage Services records record 2nd Quarter Revenue

By Funeral Director Daily / July 30, 2020 /

Carriage Services reported their much anticipated 2nd Quarter of 2020 results on Tuesday. You can get a copy of their press release here. The company, as well as other companies in the death care index are reporting their 2nd Quarters as their first full three month period of dealing with deaths and memorializations in the…

Better late than never

By Funeral Director Daily / July 28, 2020 /

In the news last week was a story of deceased New York state firefighter Anthony Fatale and the delayed legacy of his life. Fatale had died two years ago in 2018 at the age of 70. Fatale was single, an Air Force veteran, and a member of the Nyack Fire Department, who many colleagues say…

Matthews announces investment sale

By Funeral Director Daily / July 2, 2020 /

On Tuesday global death care company Matthews International announced a sale, that was effective on June 26, of a non-controlling ownership interest in a pet cremation services business. According to this release from Matthews, the company sold its interest for a total of $57.2 million. That $57.2 million was to be paid to Matthews International…