Laura Besarati
๐ค SpeakerAppearances Over Time
Podcast Appearances
But as we know, President Trump rejected the proposal, insisting that the waterway should remain open, free and without toll charge.
So closer to a deal, supposedly, but still not seeing eye to eye on some very key terms of that deal.
So a deal, maybe, maybe not.
There's also been a fair bit of company news around today.
Now Mexican fast food chain Guzman has stolen the spotlight once again.
It's the best performer for a second straight session.
It was up yesterday on a broker upgrade thanks to its strong expansion plans and now today it's surging again after announcing it's shutting down all eight of its US stores and abandoning its American expansion plans with immediate effect.
Now, GYG said the US operations weren't generating enough sales momentum and would have required much more time and capital to turn around than expected.
Now, investors actually cheered the move because the US business had been losing money for years and was seen as a major drag on the company.
As a result, the closures will cost the company about $1.
$30 million to $40 million in one-off costs.
But these one-off items are not expected to impact its final dividend for FY26.
So today, Guzzi up 9.5%.
It's up 16% so far this week, still 9% lower over the year so far.
Job posting site Seek has been another one of the losers today.
In fact, it's the worst performer of the day, down close to 6% to its lowest level in over a decade.
So you have to go all the way back to 2015 to see its share price any lower than where it is now.
Now, today's decline seemed to be on the back of a target price cut from
Keep in mind as well, after yesterday's weaker jobs data, that a company in this industry could be impacted by a weaker jobs market, all the uncertainty in the world, and also AI disruption on hiring.