StoneMor Partners LP
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Consumer Discretionary : Diversified Consumer Services | Small Cap ValueCompany profile

StoneMor Partners L.P. owns and operates cemeteries and funeral homes. The Company operates through two segments: Cemetery Operations and Funeral Homes. Its Cemetery Operations segment sells interment rights, caskets, burial vaults, cremation niches, markers and other cemetery related merchandise. Its Funeral Homes segment offers a range of services, including family consultation, final expense insurance products, the removal and preparation of remains, provision of caskets and related funeral merchandise, the use of funeral home facilities for visitation, worship and performance of funeral services, and transportation services. It sells cemetery products and services both at the time of death, which it refers to as at-need, and prior to the time of death, which it refers to as pre-need. It operates approximately 310 cemeteries in over 30 states and Puerto Rico, and approximately 100 funeral homes in over 20 states and Puerto Rico.

Closing Price
$2.61
Day's Change
0.02 (0.77%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.68
Day's Low
2.58
Volume
(Average)
Volume:
91,269

10-day average volume:
94,103
91,269

Apple stock falls amid China fears, Rosenblatt target cut

9:44 am ET December 6, 2018 (MarketWatch)
Print

Shares of Apple Inc. (AAPL) are down 2.5% in Thursday morning trading, after the arrest of Huawei's chief financial officer prompted renewed concerns about China trade tensions. Rosenblatt analyst Jun Zhang cut his price target on Apple shares to $165 from $200, forecasting that the company will produce and ship roughly 39 million iPhone units in the March quarter. "Although we are at the low end of consensus iPhone estimates, we believe the Street will continue to trim down their estimates," he wrote. "We believe the lack of iPhone shipment growth, along with tough comps for services revenues, will lead to estimates coming down." His analysis also suggests weaker-than-expected sales for the iPad Pro, which he said is due to the company's pricing strategy. Apple shares are off 23% over the past three months, while the Dow Jones Industrial Average has fallen 5.2%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

December 06, 2018 09:44 ET (14:44 GMT)

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