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Donald Trump has a grip on the Utah Republican Party. Here’s why.

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Donald Trump has a grip on the Utah Republican Party. Here’s why.


It was dreary Saturday morning at 7 a.m. as thousands of Republican delegates filed into the Salt Palace, the spring sunrise delayed in Salt Lake City by rainclouds. It would be 17 hours before delegates finished nominating candidates for June’s primary elections and flooded back into a city that had already seen the sunset.

The Utah Republican Party’s 2024 State Nominating Convention concluded just before midnight on Saturday, with nearly 4,000 delegates sending a clear message to party leaders: They’re not ready for the Donald Trump era of GOP politics to be over — and not even incumbent candidates would be safe this year.

Trump-supported candidates for governor and U.S. Senate, the two most high-profile races in this year’s elections, seized delegates’ support on Saturday. The champions of those hard-line Republicans now wade into a primary election where they’ll face other GOP candidates who gathered enough voters’ signatures to remain in the summer primary. To delegates, those signature gatherers have spited a convention system they hold sacred, and, in many cases, they steadfastly elected “convention-only” candidates.

Two-thirds of delegates picked Phil Lyman — a state legislator Trump pardoned in 2020, after he was convicted of a misdemeanor for leading an illegal protest on federal land — in the 2024 gubernatorial race.

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Taking the convention stage to address the crowd before the vote, Gov. Spencer Cox, who is up for reelection after his first four-year term, was met with some cheers, but a vocal majority hissed at the governor.

“Maybe you’re booing me because you hate that I signed the largest tax cut in Utah history. Maybe you hate that I signed constitutional carry into law. Maybe you hate that we ended CRT, DEI and ESG,” Cox, recalling his Republican bone fides, told the raucous crowd. “Or maybe you hate that I don’t hate enough.”

Regardless of delegates’ wishes, both Cox and Lyman will be on the June 25 primary ballot — because Cox gathered enough signatures from voters.

(Trent Nelson | The Salt Lake Tribune) Gov. Spencer Cox gets a mixed reaction at the Utah Republican Nominating Convention in Salt Lake City on Saturday, April 27, 2024.

‘100% MAGA’

Earlier in the day, as delegates waited in a long line for their credentials and voting instructions, they learned that Trump had endorsed Riverton Mayor Trent Staggs in the race to replace Mitt Romney in the U.S. Senate.

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“Trent Staggs is 100% MAGA, and is running to fill The Mitt Romney, a Total Loser, Seat as the next Senator from the Great State of Utah!,” Trump posted on social media just hours before delegates would cast a ballot in the crowded Senate competition.

Staggs’ team moved quickly to print out the post to share paper copies with potential supporters who might not have seen the endorsement on their phones nor felt the lightning of the announcement charge through the convention.

“Donald Trump called me at six this morning to tell me I had his full endorsement in this race,” a red-faced Staggs roared to delegates from the stage.

Four rounds of voting later, delegates handed Staggs the win. He’ll join signature gatherers Congressman John Curtis, former Utah House Speaker Brad Wilson and businessman Jason Walton on the ballot this summer.

(Trent Nelson | The Salt Lake Tribune) U.S. Senate candidate Trent Staggs at the Utah Republican Nominating Convention in Salt Lake City on Saturday, April 27, 2024.

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Saturday’s nominating convention happened against the backdrop of the former president’s own reelection campaign. Also, since losing his first reelection bid in 2020, Trump has faced several criminal indictments and civil lawsuits. Six months ahead of November’s presidential election, the former president is off the campaign trail and sitting for the third week of a criminal trial in New York City, where he’s alleged to have falsified business records to cover up a hush-money payment to a porn star to prevent news of the affair from marring his 2016 presidential campaign.

Congressional incumbents take losses

While members of the U.S. House of Representatives are up for reelection every two years, only three of Utah’s four congressional seats were contested on Saturday. No Republican challenged Rep. Burgess Owens, a loyal Trump surrogate, in Utah’s 4th Congressional District. Because Rep. John Curtis is leaving his 3rd District seat in hopes of replacing Romney, several Republicans are running for his open seat.

Of the two other incumbent members of Congress, neither Rep. Blake Moore of Utah’s 1st Congressional District nor Rep. Celeste Maloy, the recent winner of November’s 2nd District special election, were nominated on Saturday. Both, however, will run in those primary races.

Less than two days ahead of the convention, Sen. Mike Lee — a favorite among delegates and an avid Trump supporter — endorsed Colby Jenkins, a former U.S. Army officer, over Maloy in the 2nd District race.

“Too many Republicans in Congress have voted to expand the size, scope, and cost of the federal government,” Lee said in a statement Thursday, ”in many cases deferring to congressional GOP leaders bent on advancing the Democrats’ agenda.”

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(Trent Nelson | The Salt Lake Tribune) Utah Sen. Mike Lee endorses Colby Jenkins at the Utah Republican Nominating Convention in Salt Lake City on Saturday, April 27, 2024.

Taking the stage Saturday, Maloy brought her own surrogate to the microphone: Delegate favorite and congressional colleague Owens.

In a head-to-head vote, Jenkins received nearly 59% of the delegates’ support, leaving Maloy with 43%. But the win wasn’t enough to clear the 60% threshold to win the nomination outright, meaning Maloy, who didn’t gather signatures, will have a chance to defend her seat again in June.

Moore survived his own convention loss by collecting signatures. Instead of Moore, the Utah representative with the most power in the U.S. House, delegates nominated Paul Miller, 55% to 45%.

More than two of the 17 hours delegates spent at the Salt Palace were taken up by six long votes to nominate a candidate to replace Curtis in Utah’s 3rd District. State Sen. Mike Kennedy, another “convention only” candidate, eventually received 61% of the vote. He joins signature-gathering candidates Stewart Peay, JR Bird, Case Lawrence and John Dougall on the ballot.

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After voting finished around midnight, the delegates retraced their steps out of the Salt Palace and back into the darkness, leaving behind red, white and blue campaign signs and the disposable plates that once held free pizza slices given by the Cox campaign to feed the delegates on the convention floor.

Salt Lake Tribune reporters Bryan Schott and Emily Anderson Stern contributed to this story.



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Utah Jazz NBA Draft Preview: 2024

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Utah Jazz NBA Draft Preview: 2024


The Utah Jazz have an exciting night tomorrow because they have the 10th, 29th, and 32nd pick in the 2024 NBA Draft. the Jazz have been in several rumors regarding the draft. Some rumors suggest the Jazz will trade up for higher than pick number 10. Some rumors suggest the Jazz will package picks 29 and 32 for a higher second pick in the first round. The honest observation at this point is that the Jazz might do just about anything for the draft. Tune in tomorrow night from home or from the Delta Center to find out what the Jazz do in round one! To watch the draft, tune in to ABC or ESPN.

Round One Draft: 6 PM MST, June 26th

Round Two Draft: 2 PM MST, June 27th

Below are projections on who the Jazz could select with their 3 picks. The projections are based on the Jazz’s rumored interest and generally where players are projected to be picked.

10th Pick Projections:

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Photo by David Becker/NBAE via Getty Images

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Ron Holland

Nikola Topic

Rob Dillingham

Cody Williams

Zach Edey

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Dalton Knecht

2024 NBA Combine

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Photo by Kamil Krzaczynski/NBAE via Getty Images

29th Pick Projections:

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2024 NBA Combine

Photo by Jeff Haynes/NBAE via Getty Images

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Kyshawn George

Ryan Dunn

Baylor Scheierman

AJ Johnson

Justin Edwards

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Cam Christie

Tyler smith

Johnny Furphy

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Notre Dame v Virginia

Photo by Ryan M. Kelly/Getty Images

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Pick 32 Projections:

2024 NBA Combine

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Photo by Jeff Haynes/NBAE via Getty Images

Picks 29 and 32 are close so these projections mainly overlap.

Harrison Ingram

Kyle Flipowski

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Trentyn Flowers

Jonathan Mogbo

Jaylon Tyson

Tyler Kolek

Bronny James

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Bobi Klintman

2024 NBA Combine

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Photo by Kamil Krzaczynski/NBAE via Getty Images

Final Prediction

This projection could be way off because this draft has a lot of parity and the Jazz could very well trade some of their picks. With that said, I predict that the Jazz select Nikola Topic with the 10th pick. For the 29th pick, The Jazz go for Ryan Dunn. For the 32nd pick, I predict that the Jazz select Jaylon Tyson. I think the Jazz will almost make a trade or two tomorrow but don’t quite pull the trigger.

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Houston Rockets v Utah Jazz

What do you think the Jazz will do tomorrow night? Comment below!



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4 Utah Jazz rumors to watch before the NBA Draft

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4 Utah Jazz rumors to watch before the NBA Draft


The Tribune’s Andy Larsen breaks down the latest reports.

(Francisco Kjolseth | The Salt Lake Tribune) Brooklyn Nets forward Mikal Bridges (1) tries to evade the block attempt by Utah Jazz center Walker Kessler (24) during NBA basketball in Salt Lake City Monday, Dec. 18, 2023.

The NBA Draft starts Wednesday, and the rumor mill is heating up around the Utah Jazz. Here’s the latest news, along with my reaction to the possibilities.

Trading for Mikal Bridges?

Rumor: Yahoo’s Jake Fischer reported that the Jazz are one of the teams interested in trading for Brooklyn wing Mikal Bridges, along with Houston and New York. Bridges is one of “Utah’s most aggressive aspirations,” Fischer wrote.

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Reaction: The Nets have repeatedly declined to trade Bridges despite it probably making sense for the franchise to do so. Instead, they’ve been asking for more than three first-round picks in return for the 27-year-old.

Bridges would make the Jazz significantly better; he’s developed himself into a 20-point-per-game scorer while also being a solid defender. He’s the two-way player with size that these most recent playoffs have shown are extremely valuable. (Though we should note here that he was a far better player before the All-Star break than after it last year.)

The problem is that it’s not immediately clear that the Jazz would be a playoff team even with Bridges — he was an eight-win player last season, and the Jazz finished 15 wins short of the No. 10 seed. For an acquisition of Bridges to make sense, Utah would probably need to acquire other good players around him and Lauri Markkanen to get up in that 45-win range required to make the playoffs in the West. Still, it could be an exciting first step.

Trading for Zach LaVine?

Rumor: The Bulls “remain active” on trade negotiations sending out Zach LaVine involving the Jazz and the Philadelphia 76ers, according to NBC Sports Chicago’s K.C. Johnson. However, reporter Marc Stein disagreed with the report, saying he had been “advised to dismiss Utah’s interest.”

Reaction: Johnson’s a quality veteran reporter, but I agree with Stein. While I haven’t heard recent updates, Jazz personnel earlier this year indicated that LaVine wasn’t a logical option in the pre-trade deadline market given the Jazz’s place in the standings, LaVine’s poor record of availability, and especially his high contract that pays him a combined $138 million over the next three years.

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Chicago Bulls’ Zach LaVine (8) scores past Toronto Raptors’ Gary Trent Jr. (33) during the first half of an NBA basketball In-Season Tournament game Friday, Nov. 24, 2023, in Toronto. (Frank Gunn/The Canadian Press via AP)

I don’t suspect circumstances have changed enough since to make a LaVine trade make sense now, at least not a trade in which the Jazz are giving up assets. If anything, it might require Chicago to send out assets to push the Jazz to take on LaVine’s deal.

Signing Tobias Harris?

Rumor: The Athletic’s Shams Charania reported that the Jazz and the Detroit Pistons “are expected to be the strongest suitors for Tobias Harris,” who is a free agent this summer after his 5-year, $180 million albatross of a deal ended with the 76ers.

Reaction: The Jazz will likely have about $40 million in cap space this summer. Some of that room the franchise anticipates using on Markkanen’s renegotiation and extension as the Finnish star enters the final year of his current contract.

Boston Celtics’ Al Horford (42) defends against Philadelphia 76ers’ Tobias Harris (12) during the first half of an NBA basketball game Friday, Dec. 1, 2023, in Boston. (AP Photo/Michael Dwyer)

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Harris is theoretically someone who could help the Jazz. At this point in his career, he’s statistically pretty average across the board — his shooting, rebounding, passing, steals, and block rates are just around the 50th percentile, maybe a bit higher. Even average, though, would make Harris the Jazz’s best wing by a lot.

He turns 32 this summer, so Harris doesn’t make sense for the Jazz’s long-term future, and signing him would also mean fewer minutes for last year’s No. 9 pick, Taylor Hendricks. But if they could get him on a short-term deal for a discount, he could also be a tradable piece in a move later while helping the Jazz improve now.

Looking to move up?

Rumor: Multiple reporters indicated that the Jazz are looking to move up in the draft using the No. 29 pick and the No. 32 pick. First, ESPN’s Jonathan Givony reported Monday morning that the Jazz are looking to trade the two picks for a “pick in the late teens.” Arizona sports radio host John Gambadoro reported that he believed that the Suns had had discussions with the Jazz, sending the No. 22 pick to Utah for No. 29 and No. 32. Fischer, meanwhile, floated the idea of the Jazz acquiring No. 17 from the Lakers in exchange for the two picks.

Reaction: Jazz general manager Justin Zanik acknowledged that the club has reservations about having six first- or second-year players on the roster next season, the logical outcome if the team makes all three selections on Wednesday. So the Jazz consolidating these picks in this fashion follows that line of thinking, especially if they are targeting a player they believe is significantly better than what’s available around the turn of the draft.

My only concern is that, in general, teams trading up in drafts get a little less value than those trading down when you study the issue analytically. The NBA Draft Pick Trade Simulator at nbasense.com is a good tool for looking at this — trading No. 29 and No. 32 for No. 17 is a pretty fair deal, but trading those picks for No. 22 would be analytically a bad idea. That’s especially true in a “flat” draft, where players’ values are considered pretty close throughout the first round.

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If the Jazz are going to defy the analytics, they should be really sure that the player they’re acquiring with the higher pick is worth giving up two chances to place bets further down in the draft.

Editor’s note • This story is available to Salt Lake Tribune subscribers only. Thank you for supporting local journalism.



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Comparing TriSalus Life Sciences (NASDAQ:TLSI) and Utah Medical Products (NASDAQ:UTMD)

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Comparing TriSalus Life Sciences (NASDAQ:TLSI) and Utah Medical Products (NASDAQ:UTMD)



TriSalus Life Sciences (NASDAQ:TLSI – Get Free Report) and Utah Medical Products (NASDAQ:UTMD – Get Free Report) are both small-cap medical companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, analyst recommendations, risk, institutional ownership, earnings and valuation.

Profitability

This table compares TriSalus Life Sciences and Utah Medical Products’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
TriSalus Life Sciences N/A N/A -221.65%
Utah Medical Products 33.40% 13.06% 12.30%

Risk & Volatility

TriSalus Life Sciences has a beta of 0.55, meaning that its stock price is 45% less volatile than the S&P 500. Comparatively, Utah Medical Products has a beta of 0.14, meaning that its stock price is 86% less volatile than the S&P 500.

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Analyst Recommendations

This is a summary of recent ratings and recommmendations for TriSalus Life Sciences and Utah Medical Products, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TriSalus Life Sciences 0 0 3 0 3.00
Utah Medical Products 0 0 0 0 N/A

TriSalus Life Sciences presently has a consensus target price of $13.33, indicating a potential upside of 129.10%. Given TriSalus Life Sciences’ higher probable upside, research analysts plainly believe TriSalus Life Sciences is more favorable than Utah Medical Products.

Earnings & Valuation

This table compares TriSalus Life Sciences and Utah Medical Products’ gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
TriSalus Life Sciences $21.98 million 7.19 -$59.04 million N/A N/A
Utah Medical Products $50.22 million 4.68 $16.64 million $4.50 14.79

Utah Medical Products has higher revenue and earnings than TriSalus Life Sciences.

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Institutional and Insider Ownership

2.6% of TriSalus Life Sciences shares are held by institutional investors. Comparatively, 69.6% of Utah Medical Products shares are held by institutional investors. 76.2% of TriSalus Life Sciences shares are held by insiders. Comparatively, 6.6% of Utah Medical Products shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Utah Medical Products beats TriSalus Life Sciences on 6 of the 11 factors compared between the two stocks.

About TriSalus Life Sciences

(Get Free Report)

TriSalus Life Sciences, Inc., a medical technology company, researches, develops, and sells drug delivery technologies and immune-oncology therapeutics for the treatment of liver and pancreatic cancer. The company offers Pressure Enabled Drug Delivery infusion systems, such as the TriNav infusion system, which is used in transarterial radioembolization and chemoembolization procedures for patients with liver cancer and metastases; and the Pancreatic Retrograde Venous Infusion device, which is in Phase 1 clinical trial, for locally advanced pancreatic cancer. It also develops nelitolimod, an investigational immunotherapeutic in Phase 1 clinical trial for the treatment of uveal melanoma with liver metastases, hepatocellular carcinoma, intrahepatic cholangiocarcinoma, and locally advanced pancreatic ductal adenocarcinoma. The company serves interventional radiologists, IR technicians, medical oncologists, nursing support, value analysis committee staff, and patients through its sales representatives and sales managers. TriSalus Life Sciences, Inc. was founded in 2009 and is headquartered in Westminster, Colorado.

About Utah Medical Products

(Get Free Report)

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Utah Medical Products, Inc. develops, manufactures, and distributes medical devices for the healthcare industry worldwide. It offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems. It also provides GESCO, an umbilical vessel catheters, including DIALY-NATE disposable peritoneal dialysis sets; PALA-NATE silicone oral protection devices; URI-CATH urinary drainage systems; NUTRI-CATHNUTRI-LOK feeding device; PICC-NATE, a percutaneous intraepithelial central venous catheter; MYELO-NATE lumbar sampling kits; HEMO-NATE disposable filters; and catheterization procedure tray of instruments and supplies. In addition, the company offers LETZ system to excise cervical intraepithelial neoplasia and other lower genital tract lesions; loop, ball, and needle electrodes; FILTRESSE evacuators; other specialty electrodes and supplies, and gynecologic tools; Femcare trocars, cannulae, laparoscopic instruments, and accessories; and EPITOME and OptiMicro electrosurgical devices. Further, it provides Filshie Clip female surgical contraception devices; PATHFINDER PLUS, an endoscopic irrigation devices; suprapubic catheterization; LIBERTY, an urinary incontinence treatment and control systems; ENDOCURETTE, a curette for uterine endometrial tissue sampling; TVUS/HSG-Cath to assess abnormal or dysfunctional uterine bleeding and other abnormalities of uterus; and LUMIN, a tool to manipulate the uterus in laparoscopic procedures. Additionally, it offers DELTRAN, a disposable pressure transducer; high-pressure and piezo-resistive transducer assemblies; and pressure monitoring accessories, components, and other molded parts. It serves neonatal intensive care units, labor and delivery departments, women’s health centers in hospitals, outpatient clinics, and physician’s offices. The company was incorporated in 1978 and is headquartered in Midvale, Utah.



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