Posts Tagged ‘shaeholders’

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If the Funeral Industry crashes will President Obama give a bailout? Probably not to Service Corporation International....Close ties to the Bush Administration.

If the Funeral Industry crashes ......

The funeral industry is in decline. This can be seen by the latest numbers from Service Corporation International, SCI, NYSE:SCI. Worlds Largest Funeral Corporation loses millions again.

Millions and tens of millions of Service Corporation loss in dollars , in almost every category. SCI showed profits in the third quarter  by laying people off
and not paying overtime.

Revenue loses total about 19 million.

Revenues decreased to $497.2 million from $516.4 million last year. Analysts expected revenue of $480.73 million for the quarter.

via www.rttnews.com

Funeral Industry|Funeral blog by Your Funeral  Guy


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