News from the South - Florida News Feed
Box-office smash ‘Moana 2’ drives Disney profit in the first quarter
SUMMARY: Disney reported strong first-quarter earnings of $2.55 billion, or $1.40 per share, significantly exceeding last year’s $1.91 billion and analyst forecasts of $1.44 per share. Revenue increased 5% to $24.69 billion, driven by a 9% rise in the Entertainment segment and a 34% surge in content sales/licensing, thanks to “Moana 2.” Disney+ saw a slight increase in U.S. subscribers but a 2% drop internationally, with a projected decline in Q2. The Experiences division remained flat at $3.11 billion amid challenges from hurricanes. Disney anticipates high-single digit EPS growth for fiscal 2025, with shares inching upward.
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News from the South - Florida News Feed
Turkish opposition party delegation meets with Kurdish leader in Iraq as part of PKK peace efforts
SUMMARY: A Turkish opposition party delegation, led by Sirri Sureyya Onder and Pervin Buldan, visited Iraq’s Kurdish region to discuss peace efforts regarding the banned Kurdistan Workers’ Party (PKK). They met with Masoud Barzani, head of the Kurdistan Democratic Party, who expressed support for the peace process. The delegation conveyed a message from Abdullah Ocalan, the imprisoned PKK leader. Despite Turkey’s crackdown on the opposition and ongoing conflict in Syria, the peace efforts could be key in securing parliamentary support for Turkish President Erdogan’s constitutional reforms. Kurdish groups in Syria also staged protests demanding Ocalan’s release.
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News from the South - Florida News Feed
Rubio kicks off Mideast trip in Israel as Arab leaders reel from Trump’s Gaza proposal
SUMMARY: Secretary of State Marco Rubio is initiating a Middle East tour in Israel amid backlash from Arab leaders over President Trump’s proposal to relocate the Palestinian population of Gaza. While Israeli Prime Minister Netanyahu supports the plan, Arab nations are urging alternatives, fearing domestic unrest. The ceasefire between Israel and Hamas remains stable, but a March deadline looms for negotiations. Rubio indicated a need for Arab countries to confront Hamas, suggesting they send troops. He will meet with Netanyahu before visiting the UAE and Saudi Arabia, but will not engage with Egypt or Jordan, which reject mass displacement of Palestinians.
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News from the South - Florida News Feed
St. Johns County community honors legacy of Creekside grad Trenton Stewart
SUMMARY: In St. Johns County, the community honors Trenton Stewart, a Stetson University freshman football player who tragically died in 2023 in a wrong-way crash. Stewart, 18, was killed by Ariel Monteagudo, who crashed into his SUV at 100 mph. Monteagudo was sentenced to 12 years in prison. To celebrate Stewart’s life and legacy, his family is hosting the second annual Green, Black, and White Gatsby Gala at the Renaissance Resort. The event raises funds for the Trenton Stewart Foundation, which provides scholarships to student-athletes, while also honoring Stewart’s impact and supporting young athletes.
The post St. Johns County community honors legacy of Creekside grad Trenton Stewart appeared first on www.news4jax.com
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