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Laura Cadden Talks with Stewart Enterprises (STEI)

Oct 7th, 2008 | By Laura Cadden | Category: Financial News

Stewart Enterprises (NASDAQ:STEI) is the second largest provider of services in the funeral industry in the US. Laura Cadden in Today’s Financial News told readers about this stock in February. At the time, it was trading at around $6.40 a share. Since then, the share price hit $10 after the company’s larger competitor, Service Corporation International (NYSE:SCI), made a truly tempting acquisition offer.