Tag Archives: SCI

Worlds largest Funeral Corp suing another funeral home over a name| YourFuneralGuy

17 Nov

The worlds largest Funeral Corporation is suing another Funeral Home over a name, a name it purchased fiffteen years ago. Service corporation NYSE: SCI,  Service Corporation International purchased many funeral homes about 1990. The non compete agreements are expiring.

Syracuse, NY — Fifteen years ago, one of the biggest funeral chains in North America added Syracuse to its empire by paying more than $6 million for Pirro & Sons, one of the area’s most prestigious and successful mortuaries.

As it does in other cities, Service Corporation International went on to snap up other area mom-and-pop funeral homes in Syracuse to add to its chain of more than 1,200 mortuaries.

Now the Pirros have split from SCI and one has started an independent mortuary, Thomas J. Pirro Funeral Home, in Salina. That move has sparked a fight between SCI and the well-known Syracuse family of morticians over the right to use the name “Pirro.”

SCI is suing the Pirros and will take its case before a judge in February.

via www.syracuse.com

This is a different case than the case  tham the Mandel case already mentionedpreviously mentioned

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World’s Largest Corporation Miminal Growth 3rd quarter-YourFuneralGuy

29 Oct

The World’s Largest Funeral Corporation has had minimal growth in the 3rd quarter 2010 ,when 2009  one of the worst years ever for  Service Corporation International, NYSE:  SCI

2010                                                                                                                                                                      2009

Revenues $533.2                                                                                                                                             $497.2

Operating income     $68.5                                                                                                                           $78.0

Net income attributable to common stockholders     $18.8                                                           $31.2

Diluted earnings per share  $.08                                                                                                                 $.12

Earnings from continuing operations excluding special items $31.9                                         $32.4

Diluted earnings per share from continuing operations excluding special items $.13       $.13

Diluted weighted average shares outstanding 247.5                                                                         $ 253.0

Net cash provided by operating activities $80.1                                                                                $94.2

Net cash provided by operating activities excluding special items $82.5                               $94.2

via www.marketwatch.com

These numbers indicate a Struggling Funeral Industry. Cause The Great Recession.

Funeral  Industry, Funeral News, Funeral Blo by Your Funeral Guy

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SCI continues to Fight Funeral Home over name-YourFuneralGuy

14 Oct
Skokie destination sign
Image via Wikipedia

SCI( Service Corporation International the world’s largest Funeral corporation) is suing a Jewish Funeral Director over a funeral home name. The  NYSE: SCI Lawsuit has been going on for a while and continues.

This is all happeenibg in the Chicago Suburbs of Deerfield and Skokie.

Snippet:

Two north suburban Jewish funeral parlors are now locked in a legal battle for the use of a man’s name.

Service Corp. International, the owner of Skokie’s Lloyd Mandel Levayah Funerals, is suing Lloyd Mandel, the former owner of Levayah. The corporation is asking the court to bar Mandel from using his name for his new funeral service business, Lloyd Mandel Mitzvah Memorial Funerals. It’s also asking for unspecified damages.

via www.chicagotribune.com

Funeral Industry| Funeral News|Funeral Blog by Your Funeral Guy

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World’s Largest Funeral Corp turning to Temps?-YourFuneralGuy

5 Oct
CARPE employees
Image via Wikipedia

Breaking News-Service Corporation International, the Worlds Largest Funeral Corp announced today it is turning to temporary workers to an  outsourcing the deal . Does this mean it will be turning it’s full time employees into temporary workers? Will the new hires only be independent contractors.

Funeral Directors. be warned! It is my experience that the employees are the last to know when Independent Contractors are involved.   NYSE:SCI is making a move to  independent contractors. Here come the temps!

Service Corporation International (SCI), North America’s largest single provider of funeral, cremation and cemetery services, recently hired Guidant Group, a managed services and talent acquisition company, to manage its North American contingent labor program.

With more than 22,000 employees, 2,000 locations and 400 cemeteries throughout the United States and Canada, SCI employs thousands of contingent workers each year. With such a large temporary workforce, SCI recognized that creating an enterprise contingent labor management plan would help the company increase productivity and efficiency……..

The SCI contingent management program included managing 1099s, temporaries and independent contractors, and larger statement-of-work contracts (SOWs).

via www.marketwatch.com

“SCI recognized that creating an enterprise contingent labor management plan would help the company increase productivity and efficiency……..”

This more than likely means replacing workers with Temps!=Your Funeral Guy’s opinion.

Now a press release is a hell of away to tell a work group may becoming temporary workers! One should expect No Less That This from NYSE:SCI.

The sad thing is that this can only mean poorer service for the Funeral Consumer.

Funeral Industry|Funeral News| Funeral Blog By Your Funeral Guy

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World’s Largest Funeral Corp,Wrong Body,Wrong Grave Scandal-yourfuneralguy

29 Sep
Official seal of Brookline, Massachusetts
Seal of Brookline Massachusetts where the scandal took place Image via Wikipedia

The World’s Largest Funeral Corporation Service Corporation International, NYSE:SCI has found it self in a wrong body wrong grave scandal. Worse yet it involved a  Jewish Burial. This all took place in  Massachusetts.

The article entitled in the Boston Herald  “Funeral BigWig recuses Self on Burial Inquiry”

The scandal has wide significance because the Individual Involved Kim L Perry, who is (was)the Chairperson of the Massachusetts Funeral Board.

Snippet

Kim L. Perry said she is a New England manager for Houston-based Service Corporation International, which owns Stanetsky Memorial Chapel in Brookline. Perry has been on the board since 2005. Her five-year term expires next month.

Stanetsky(memorial Chapel  buried one body on Aug. 26 in a grave meant for someone else, then exhumed it the next day and replaced the remains with the right body – all without ever pulling permits at the city’s health department, as required by state law, or notifying authorities, according to Stan Kaplan, executive director of the Jewish Cemetery Association of Massachusetts. JCAM owns the Chevra Kadusha Cemetery in Woburn, where the burial mix-up took place. Jewish law prohibits burying a body where another has been, because the ground is then considered desecrated. SCI said it is cooperating with the state.

via news.bostonherald.com

Funeral Industry|Funeral News|Funeral blog by Your Funeral Guy

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Dignity(R), North Carolina, NYSE:SCI blogging for funeral dollars-YourFuneralGuy Exclusive

14 Jul

Quietly  and for a while now Service Corporation International (NYSE:SCI) has been blogging for Funeral Dollars.

The World’s largest funeral corporation in NC  is putting out some interesting blog posts for its funeral homes in  NORTH CAROLINA.

Do not be fooled there are lies in there too.

“Snippet From the Dignity North Carolina Blog:

Funeral insurance is usually sold as guaranteed coverage, which means that it cannot be denied to you because of pre existing health conditions the way that life insurance can be.

via dignitymemorialnc.com

No funeral insurance (Preneed, Prepaid) can guarantee coverage because no investment in today’s market can be guaranteed. No one can lock in today’s prices anymore. No one can say that will happen.

The absurdity of the statement  “it( funeral Insurance) cannot be denied to you because of pre existing health benefits.” This sounds good at first but it is an apple and oranges comparison.

Funeral  insurance is a purchase of funeral goods and service that is put into an insurance or other investment vehicle. Life insurance refers to payment of monies upon your death. They are quite different things.

Will the World Largest Funeral Corporation start “STATE BY STATE”   Funeral Blogs as it did  for it’s Funeral Homes in North Carolina? It is quite possible they have already done this. this tactic is an indication of funeral industry decline, and the declining funeral cost to the consumer.

The recent NPS, Illinois Funeral Directors Association Preneed Scandal and the California Funeral Directors Association Scandal is reason enough to avoid funeral preneed.

Funeral Industry funeral News Funeral Blog by Your Funeral Guy

IF SERVICE CORPORATION INTERNATIONAL Would blog for their Funeral Homes State By State it would sure ramp up Funeral industry competition.

Funeral Directors and Service Corporation International avert strike in Chicago|YourFuneralGuy

1 Jul

Breaking News

Funeral Directors in Chicago and Teamster workers narrowly averted a strike, yesterday.

‘Contract negotiations between Teamsters Local 727 and Service Corporation International narrowly averted a walk-out of funeral directors and drivers at 17 Chicago metropolitan area funeral homes.’

via memorialbusinessjournal.wordpress.com

Pensions and Health care preserved for NYSE:SCI Members but wages and salary were sacrificed.

Following is a statement from Local 727:

Funeral directors, embalmers and drivers voted to ratify a three-year contract after Teamsters Local 727 representatives and SCI management reached an agreement
during the final negotiation session on Wednesday, June 30, 2010.

Local 727 representatives were able to preserve pension and health and welfare benefits for all bargaining unit members.

“From Day One, we made it abundantly clear to SCI management that pensions and health and welfare benefits were the top priorities for our members,” said John Coli
Jr., Local 727 Vice President. “We fought long and hard and we had to make some sacrifices, but in the end, we were able to protect the things our members value most.”

via www.chicagounionnews.com

Funeral industry|Funeral News|Funeral Blog by Your Funeral Guy