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The Latest Breaking News from Parks

Parks Australia director exempt from prosecution over Kakadu sacred site dispute, NT court rules

Decision a blow for Aboriginal land rights and leaves traditional owners ‘voiceless’, critics say

The Guardian - AU

Parks in the clear over sacred Kakadu site

Parks Australia is immune from prosecution in the Northern Territory after it allegedly illegally disturbed a Kakadu Aboriginal sacred site, a court has found.

AAP

'Stealth privatisation' in iconic national parks threatens public access to nature's health boost

Australia’s national parks in several states are under siege from privatisation by stealth. Developers are using the lure of ecotourism to build posh private lodges with exclusive access deep inside many iconic parks.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Disney Shares Have Underperformed, Business Has Outperformed: Why Analysts Remain Bullish On House Of Mouse And Disney+ Growth

The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS)

Benzinga

Disney Q3 Earnings Highlights: Revenue And EPS Beat, 152.1 Million Disney+ Subscribers And More

Media giant The Walt Disney Company (NYSE: DIS) reported third-quarter financial results after the market close Wednesday. Here’s a look at how the company’s parks segment and direct-to-consumer segment performed.

Benzinga

Conservationists say tourist development of national parks is changing their purpose

Rescuers had to chainsaw through trees to rescue hiker Bailey Seamer from a public campground. It's got some questioning whether National Parks services are more focused on tourism than managing land.

ABC News

Pay up, Cook County orders homeowners after Sun-Times exposed wrongful property tax breaks

After Sun-Times reports exposed questionable tax breaks, Cook County Assessor Fritz Kaegi tells four people to pay a total of $254,298 for years of tax breaks they shouldn’t have gotten.

Chicago Sun-Times

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Read Needham's Take On Disney in Brief

Needham analyst Laura Martin reiterated a Hold rating on Walt Disney Company (NYSE:DIS) while raising her FY22 EPS view to $4.05 from $3.72 in a note titled "DIS's Parks have Superpowers." Martin added $1.66 billion to her forecast for Operating Income for the Parks segment for Q2, doubling estimates to $3.3 billion on better than…

Benzinga

Wolfe Tone Park in Dublin's north inner city reopens following rejuvenation works

The park was closed during the pandemic as the Parks, Biodiversity and Landscape Services team worked to restore it to a green space.

Dublin Live

7 Walt Disney Analysts React To Q2 Earnings Miss, Subscriber Beat, Ongoing Asia Weakness

Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business.

Benzinga

Disney Q2 Earnings Highlights: Parks Segment Up 110%, Disney+ Hits 137.7M Subs And More

Walt Disney Co (NYSE: DIS) reported second-quarter financial results after the market close Wednesday. Here are the key highlights.

Benzinga

Gunlom Falls in Kakadu to remain closed into NT's peak tourism season

Gunlom Falls, one of Kakadu's most spectacular and popular tourist spots, will remain closed into NT's peak tourism season, as a dispute between traditional custodians and Parks Australia continues.

ABC News

Analysts Express Bullishness In Disney Courtesy Parks, Travel Recovery, Movies

Analysts continue to express their admiration for The Walt Disney Co (NYSE: DIS).

Benzinga

This Calif. city is trying a little birth control to keep geese in check

SANTA CLARA, Calif. -- They strut through grassy knolls, preen their feathers and bathe in Central Park’s water fountain, all while leaving behind piles of poop – some 176 pounds’ worth a day, to be exact.

Tribune News Service

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Benzinga

Disney Parks Win Another Analyst's Confidence After Goldman Sachs, Wells Fargo, BofA

Morgan Stanley analyst Benjamin Swinburne has an Overweight rating and a $170 price target (28.3% upside) on The Walt Disney Co (NYSE:DIS). Swinburne saw Disney implementing Technology and operational tools in its parks that should drive structurally higher growth and incremental margins, and he raised his Parks estimates accordingly. Swinburne, who saw a multi-year period…

Benzinga

Loop Capital Remains Bullish On Disney Despite Slashing Price Target By 13%

Loop Capital analyst Alan Gould lowered the price target on The Walt Disney Co (NYSE:DIS) to $165 from $190 (19% upside) but kept a Buy rating on the shares. The analyst noted the performance of the company's Parks business is "more than a reopening play," boosting his operating income potential on the segment to over…

AAP

Federal govt and NT battle over Kakadu

Parks Australia is immune from prosecution after an Aboriginal sacred site in Kakadu was allegedly illegally disturbed, the Commonwealth Attorney-General says.

ABC News

Tasmania's south-west is a place people fall in love with, but how should tourism be managed in the remote wilderness?

People come to Tasmania's remote south-west for different reasons, but as the state government continues to encourage tourism development in national parks, is the right balance being struck between development and conservation?

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