and let's carry get to your moves uh because you have several. Let's start with American Express. Why did you trim some of that.>> It was a big position. We've owned it for years. The stock has gone from 11 times earnings where we bought it uh bought the large position to 19 times now.And we just decided to move some of that into other names. That's all. >> Okay.You bought more S&P Global. Is that one of the names. You take some of the profits, you buy some more of that.>> Yes, exactly. I mean S&P down 25% ...

The Philippines’ second-richest man is selling his water utility firm to a fellow tycoon, exiting a business weighed down by regulatory scrutiny and customer complaints https://t.co/fYKTxZv4kc ...

The head of Latin America’s largest water utility in ready to start making deals now that the newly privatized Brazilian company has met a key benchmark for the expansion of services set by the state https://t.co/AoxH5GR2J1 ...

Philippines’ Maynilad Water May Price IPO Below Top Of Range Amid Tepid Market Sentimenthttps://t.co/T3nlOQ7k6y https://t.co/fOjJrndTPP ...

Bond Issuance - Anglian Water is issuing its first sterling-denominated benchmark bond in almost a year [1] - The bond issuance aims to test investor appetite in the UK utility sector [1] Industry Context - The UK utility sector is currently navigating headwinds [1]

Barclays is selling £236 million ($320 million) of Thames Water debt as the struggling water operator is locked in talks with creditors over a potential rescue https://t.co/bRgPqX3fAA ...

Core Insights - The second-quarter 2025 earnings season is expected to show resilience and an improving outlook for the banking sector and overall market [1] - Total S&P 500 earnings are projected to increase by 4.9% year-over-year, driven by a 3.9% rise in revenues [2] - Nine out of sixteen Zacks sectors are anticipated to report earnings growth, with Consumer Discretionary leading at 105.6% [3] Sector Performance - Consumer Discretionary sector is expected to see the highest earnings growth at 105.6%, followed by Aerospace at 15.1%, Technology at 11.8%, Finance at 7.8%, and Utilities at 7.7% [3] - The "Magnificent 7" companies are projected to have an 11.3% increase in earnings with an 11.2% rise in revenues compared to the same period last year [3] ETF Highlights - Consumer Discretionary Select Sector SPDR Fund (XLY) has an AUM of $22.5 billion and an expense ratio of 0.08% [5] - iShares U.S. Aerospace & Defense ETF (ITA) holds $8.4 billion in AUM with an expense ratio of 0.40% [6] - Vanguard Information Technology ETF (VGT) manages $95 billion in assets and has an expense ratio of 0.09% [7] - Financial Select Sector SPDR Fund (XLF) has an AUM of $51.3 billion and charges 0.08% in annual fees [8] - Utilities Select Sector SPDR (XLU) has an AUM of $19.1 billion and an expense ratio of 0.08% [9]

Thames Water says it’s in daily discussions with creditors as the beleaguered UK utility chases a deal to turn its finances around and fend off nationalization https://t.co/tI1uzhTZWZ ...

Philippine Billionaire Enrique Razon Consolidates Water Utility Assets In $671 Million Deal https://t.co/N97ikbWQ2j https://t.co/N97ikbWQ2j ...

Philippine Billionaire Enrique Razon Consolidates Water Utility Assets In $671 Million Deal https://t.co/t7DhXUegYo https://t.co/t7DhXUegYo ...