Top Penny Companies To Invest In Right Now

Top Penny Companies To Invest In Right Now: Service Corporation International(SCI)

Service Corporation International provides deathcare products and services in the United States, Canada, and Germany. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and related businesses. The company provides various professional services relating to funerals and cremations, including the use of funeral facilities and motor vehicles, and preparation and embalming services. It also sells funeral related merchandise, including caskets, burial vaults, cremation receptacles, cremation memorial products, flowers, and other ancillary products and services at funeral service locations. The company?s cemeteries provide cemetery property interment rights, including mausoleum spaces, lots, and lawn crypts; and sell cemetery related merchandise and services comprising stone and bronze memorials, markers, merchandise installations, and burial openings and closings. It also sells preneed funeral and cemetery products and services whereby a customer contractually agrees to the terms of certain products and services to be delivered and performed in the future. As of December 31, 2009, Service Corporation operated 1,254 funeral service locations and 372 cemeteries, including 208 combination locations, covering 43 states in the United States, 8 Canadian provinces, the District of Columbia, and Puerto Rico, as well as 12 funeral homes in Germany. The company was founded in 1962 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Marc Bastow]

  Deathcare services and products provider Services Corporation (SCI) raised its quarterly dividend 14% to 8 cents per share, payable March 28 to shareholders of record as of March 15.
  SCI Dividend Yield: 1.73%

• [By Brian Pacampar! a]

  What: Shares of funeral-home operator Stewart Enterprises (NASDAQ: STEI  ) soared 34% today, after larger rival Service Corp. International (NYSE: SCI  ) agreed to acquire it in a deal worth about $1.4 billion.

• [By Chris Katje]

  Service Corporation (SCI), the largest funeral home operator in the United States, made news last week with its large acquisition of Stewart Enterprises (STEI). The acquisition was well received by investors, as shares rose 8% on the day of the announcement. Together, the two companies will see huge cost savings advantages and a backlog that is currently undervalued.

• [By Rich Duprey]

  In what is seemingly becoming a more acrimonious set of negotiations, the Teamsters representing directors and drivers accused management of Service Corp International  (NYSE: SCI  ) of trying to force a strike vote by rejecting the union's "last and best" offer.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-penny-companies-to-invest-in-right-now-3.html