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2025-01-13
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y-jesus BELLEVUE, Wash.--(BUSINESS WIRE)--Dec 9, 2024-- Smartsheet (NYSE:SMAR) (“Smartsheet” or the “Company”), the AI enhanced enterprise grade work management platform, today announced that Smartsheet shareholders overwhelmingly approved the Merger Proposal for the Company’s proposed acquisition by funds managed by Blackstone and Vista Equity Partners. This approval satisfies the shareholder vote condition for the consummation of the acquisition, originally announced in September 2024. In addition, shareholders also voted in favor of the executive compensation plan related to the acquisition, further validating their support for the Company's leadership and strategic direction. Smartsheet will disclose the final vote results on a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission. Following the approval of the Merger Proposal, the acquisition remains subject to other customary closing conditions, including certain regulatory approvals that are proceeding in the normal course. Assuming the satisfaction of necessary closing conditions, the acquisition is expected to close in the fourth quarter of Smartsheet’s fiscal year ending January 31, 2025, or shortly thereafter. About Smartsheet Smartsheet is the modern enterprise work management platform trusted by millions of people at companies across the globe, including over 85% of the 2024 Fortune 500 companies. The category pioneer and market leader, Smartsheet delivers powerful solutions fueling performance and driving the next wave of innovation. Visit www.smartsheet.com to learn more. Forward-Looking Statements This communication may contain forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, among other things, statements regarding the ability of the parties to complete the proposed transaction and the expected timing of completion of the proposed transaction; the prospective performance and outlook of Smartsheet’s business, performance and opportunities; as well as any assumptions underlying any of the foregoing. When used in this communication, or any other documents, words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “forecast,” “goal,” “objective,” “plan,” “project,” “seek,” “strategy,” “target,” and similar expressions should be considered forward-looking statements made in good faith by Smartsheet, as applicable, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the beliefs and assumptions of management at the time that these statements were prepared and are subject to risks, uncertainties, and assumptions that could cause Smartsheet’s actual results to differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: (i) the risk that the proposed transaction may not be completed in a timely manner or at all; (ii) the possibility that competing offers or acquisition proposals for Smartsheet will be made; (iii) the possibility that any of the various conditions to the consummation of the proposed transaction may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, including in circumstances that would require Smartsheet to pay a termination fee or other expenses; (v) the effect of the pendency of the proposed transaction on Smartsheet’s ability to retain and hire key personnel, its ability to maintain relationships with its customers, suppliers and others with whom it does business, its business generally or its stock price; (vi) risks related to diverting management’s attention from Smartsheet’s ongoing business operations or the loss of one or more members of the management team; (vii) the risk that shareholder litigation in connection with the proposed transaction may result in significant costs of defense, indemnification and liability; (viii) Smartsheet’s ability to achieve future growth and sustain its growth rate; (ix) Smartsheet’s ability to attract and retain talent; (x) Smartsheet’s ability to attract and retain customers (including government customers) and increase sales to its customers; (xi) Smartsheet’s ability to develop and release new products and services and to scale its platform; (xii) Smartsheet’s ability to increase adoption of its platform through its self-service model; (xiii) Smartsheet’s ability to maintain and grow its relationships with channel and strategic partners; (xiv) the highly competitive and rapidly evolving market in which it participates; (xv) Smartsheet’s ability to identify targets for, execute on, or realize the benefits of, potential acquisitions; and (xvi) its international expansion strategies. Further information on risks that could affect Smartsheet’s results is included in its filings with the SEC, including its most recent Quarterly Report on Form 10-Q and its Annual Report on Form 10-K for the fiscal year ended January 31, 2024, and any current reports on Form 8-K that it may file from time to time. Should any of these risks or uncertainties materialize, actual results could differ materially from expectations. Except as required by applicable law, Smartsheet assumes no obligation to, and does not currently intend to, update or supplement any such forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances that exist after the date of this communication. View source version on businesswire.com : https://www.businesswire.com/news/home/20241209789684/en/ CONTACT: Investor Relations Contact Aaron Turner investorrelations@smartsheet.com Media Contact FGS Global Smartsheet@FGSGlobal.com KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT APPS/APPLICATIONS TECHNOLOGY OTHER TECHNOLOGY SOFTWARE FINANCE SOURCE: Smartsheet Copyright Business Wire 2024. PUB: 12/09/2024 04:27 PM/DISC: 12/09/2024 04:27 PM http://www.businesswire.com/news/home/20241209789684/enCurrent and former Arizona Wildcats are making news. We’ve got views. News : The UA men’s basketball team blows out Southern Utah to get back to .500. Michael Lev is a senior writer/columnist for the Arizona Daily Star , Tucson.com and The Wildcaster . Views : It’s interesting — though hardly unusual — that Tommy Lloyd is still tinkering with roles and rotations. Remember 2022-23? Arizona’s season took off after Pelle Larsson moved from the starting lineup to the sixth-man role. That happened Jan. 19. KJ Lewis thrived coming off the bench vs. Southern Utah, playing perhaps the best all-around game of his career. His 15-point performance on 6-of-7 shooting with eight rebounds, five assists and two steals earned a career-best “game score” of 17.8, per Sports-Reference.com . Lewis as the sixth man might be the way the pieces fit together best. We’ll see. The other notable development from that game was the spark Conrad Martinez provided off the pine. The sophomore played a career-high 15 minutes and tied his career best with four assists without committing a turnover. (He has yet to commit a turnover in 44 minutes this season.) Arizona guard Conrad Martinez, shown vs. Old Dominion on Nov. 9, played a career-high 15 minutes vs. Southern Utah and played well, giving Tommy Lloyd another option to consider when assessing his lineup rotations. StatBroadcast.com tracks an advanced metric called “floor%,” which it defines as “the percentage of a player’s possessions on which at least one point is scored.” Martinez clocked in at 100% vs. the Thunderbirds. Of course, doing that against SUU is not the same as doing it vs. UCLA, Arizona’s opponent Saturday in Phoenix. Even Lloyd, who’s been Martinez’s biggest advocate, has been hesitant to give him extended minutes against anyone but mid-majors. But amid this process of figuring out who the 2024-25 Wildcats are, it might be time for Lloyd to give Martinez some run. He’s the only pure point guard Arizona has. News : The UA women’s basketball team loses to Grand Canyon to fall to 7-4. Views : Someone asked me an intriguing question the other day: “How is the women’s team doing compared to the men’s team?” My response: “The women have a better record but against lesser teams. If you’re going by the eyeball test, the men are actually better.” Arizona coach Adia Barnes communicates with her team during the second half of the game against Grand Canyon in McKale Center on Dec. 5, 2024. It's been a rough stretch for Adia Barnes’ team, which began the season 5-0, including a quality win over UNLV. The Wildcats have gone 2-4 since, including losses to both in-state mid-majors, NAU and GCU. Ouch. Barnes’ squad is still young — most of the main rotation players are sophomores or freshmen — and there’s still time for growth and maturation. The offense, in particular, needs a lot of work. The Wildcats remain under water in assist-to-turnover ratio and it’d take a dramatic turnaround for them to rise to the surface. Arizona is averaging 12.7 assists and 19.6 turnovers per game. The latter ranks 299th nationally . The Wildcats’ 0.65 assist-to-turnover ratio ranks 15th in the 16-team Big 12. Barnes has her share of critics, especially when it comes to coaching offense. But she hasn’t had a team with an assist-to-turnover ratio this lopsided since 2016-17, her first season as Arizona’s head coach. It’s actually impressive that the Wildcats’ record is as good as it is with an assist-to-turnover ratio that’s that bad. News : UA junior offensive lineman Jonah Savaiinaea declares for the 2025 NFL Draft. Views : This was an expected move by the three-year starter, who, I’m told, is a top-50 prospect for next year’s draft. He has popped up in the bottom half of the first round in many mock drafts and it wouldn’t be at all surprising if he came off the board on the first night. Savaiinaea is more likely to play guard than tackle in the NFL, but I wouldn’t bet against him. He seamlessly moved from right guard to right tackle to left tackle during his UA career. When he first moved from the right side to the left side this year, he did so without having taken any practice reps there. I can’t begin to tell you how difficult that is. Savaiinaea probably wasn’t as effective a player as he would have been had he remained at one position. But the fact that he put the team’s needs above his own will endear him to NFL organizations. Arizona offensive lineman Jonah Savaiinaea (71) lines up against TCU linebacker Cooper McDonald (44) during the first half of their game Nov. 23, 2024, in Fort Worth, Texas. The other aspect of Savaiinaea’s UA career that separates him from others: He started — and was a reliable performer — from Day One. Offensive linemen typically require the longest developmental timeline. Not Big Jonah. He was plug-and-play. Aside from his natural size — he carries 330-plus pounds on his 6-foot-5 frame with ease — and athletic ability, Savaiinaea possesses ideal makeup. I’ve yet to hear a negative word about his character or work ethic. News : UA football signs 20 players for the class of 2025. Views : The Wildcats undoubtedly would have placed higher in the team rankings if they hadn’t lost quarterback Robert McDaniel to UCLA. Rivals ranks Arizona’s class — high school and JC recruits only — ninth in the Big 12, while 247Sports has the UA 11th. I have the utmost respect for my colleagues who scour the prep ranks to rate players, but I’m sure even they would concede it’s easier to grade skill-position players than linemen. A quarter of the Wildcats’ class consists of offensive linemen. They need to hit on at least two or three of them. In the stellar class of 2022 , Savaiinaea was a relative unknown from Hawaii who had minimal camp exposure because of the pandemic. He was the eighth-ranked player among Arizona’s signees that year, per 247Sports, behind Tetairoa McMillan, Rayshon Luke, Keyan Burnett, Ephesians Prysock, Sterling Lane II, Kevin Green Jr. and Jonah Coleman. That’s five skill-position players, a cornerback and an edge rusher if you’re scoring at home. The only team ranking that truly matters anymore is what 247Sports now calls the “overall rank” — recruits plus transfers. We won’t know how that shakes out for a while. But we’re already getting an idea of who won’t be back. Arizona linebacker Jacob Manu (5) indicates a turnover on downs after the Wildcat defense swarmed Northern Arizona running back Darvon Hubbard (23) in the first quarter on Aug. 31 at Arizona Stadium. News : Twenty UA players (and counting) enter the transfer portal, including linebacker Jacob Manu. Views : Nothing surprises me when it comes to the portal, but Manu putting himself out there comes close. Every indication — as recently as this past weekend — was that Manu was going to stick around. Then he decided to bet on himself at a time when his stock isn’t exactly soaring. Manu suffered what’s believe to be a torn ACL on Oct. 19 vs. Colorado. The typical recovery timeline is about nine months, so Manu is looking at a summer return at best. He is an undersized linebacker — generously listed at 5-11 — whose game isn’t for everyone. Manu can be a disruptive force (17 tackles for loss in 32 career games), but he also plays out of control at times (37 career missed tackles, per Pro Football Focus ). Given his health status, a program would have to take a leap of faith to invest in Manu. He’d be an asset in any locker room, but there’s no telling when he’ll be back to form physically. Manu also was part of the 2022 signing class. As of this writing, only eight of those 23 players remain with Arizona — and that includes McMillan, who’s certain to declare for the draft. Players who stick with one school for the entirety of their college careers are increasingly rare these days. When the coach who recruited them leaves for another job, that effect is exacerbated. Regardless, this feels like the end of an era that was all-too-fleeting. An all-time great recruiting class in 2022. A glorious 10-win season in ’23. A step back in ’24. Uncertainty entering ’25. Contact sports reporter/columnist Michael Lev at mlev@tucson.com . On X (Twitter): @michaeljlev. On Bluesky: @ michaeljlev.bsky.social Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox! Sports Reporter/Columnist



Global Classroom Scheduling Software Market Size, Share and Forecast By Key Players-EMS Software, Skedda, Lantiv, Appointy, Prime Timetable 11-26-2024 08:54 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect Classroom Scheduling Software Market USA, New Jersey- According to the Market Research Intellect, the global Classroom Scheduling Software market is projected to grow at a robust compound annual growth rate (CAGR) of 10.98% from 2024 to 2031. Starting with a valuation of 11.63 Billion in 2024, the market is expected to reach approximately 21.73 Billion by 2031, driven by factors such as Classroom Scheduling Software and Classroom Scheduling Software. This significant growth underscores the expanding demand for Classroom Scheduling Software across various sectors. The classroom scheduling software market is experiencing significant growth due to the increasing demand for efficient management of educational resources, space, and time. As educational institutions adopt digital solutions to streamline operations, the need for automated scheduling systems has risen. These software solutions help optimize classroom utilization, reduce scheduling conflicts, and improve overall efficiency in managing course offerings. With the rise of hybrid and remote learning models, especially post-pandemic, the demand for flexible and adaptable scheduling tools has surged. Additionally, the growing focus on personalized learning experiences and the need to manage resources more effectively are fueling market growth. As educational institutions and organizations seek to improve operational efficiency, enhance student satisfaction, and reduce administrative burdens, classroom scheduling software is becoming an essential tool. This growing reliance on technology is expected to continue driving the expansion of the market in the coming years. The dynamics of the classroom scheduling software market are influenced by technological advancements, shifting educational needs, and the increasing adoption of digital solutions. The demand for more flexible and efficient scheduling solutions is growing as schools, colleges, and universities seek to manage limited resources like classrooms, instructors, and equipment more effectively. Software that offers real-time updates, easy integrations with other administrative systems, and mobile access is becoming highly desirable. The rise of hybrid and online learning has further accelerated the need for adaptable scheduling tools to accommodate both in-person and virtual classes. Moreover, the integration of AI and machine learning in scheduling software is helping optimize class timetables by predicting usage patterns and avoiding conflicts. As educational institutions increasingly prioritize operational efficiency and enhanced user experiences, the classroom scheduling software market is poised for continued growth and innovation. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=1893690&utm_source=OpenPr&utm_medium=049 Key Drivers: The growth of the Classroom Scheduling Software market is driven by several key factors. Technological advancements in Classroom Scheduling Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like Classroom Scheduling Software and Classroom Scheduling Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on Classroom Scheduling Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the Classroom Scheduling Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced Classroom Scheduling Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the Classroom Scheduling Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=1893690&utm_source=OpenPr&utm_medium=049 The following Key Segments Are Covered in Our Report By Type Cloud-based On-premises By Application College & University High Schools Studio Other Major companies in Classroom Scheduling Software Market are: EMS Software, Skedda, Lantiv, Appointy, Prime Timetable, Rediker Software, UniTime, Mimosa Software Global Classroom Scheduling Software Market -Regional Analysis North America: North America is expected to hold a significant share of the Classroom Scheduling Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like Classroom Scheduling Software and Classroom Scheduling Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in Classroom Scheduling Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient Classroom Scheduling Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the Classroom Scheduling Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the Classroom Scheduling Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like Classroom Scheduling Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global Classroom Scheduling Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for Classroom Scheduling Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the Classroom Scheduling Software market? Answer: The Classroom Scheduling Software market was valued at approximately 11.63 Billion in 2024, with projections suggesting it will reach 21.73 Billion by 2031, growing at a CAGR of 10.98%. 2. What factors are driving the growth of the Classroom Scheduling Software market? Answer: The market's expansion is attributed to several factors, including increased demand for Classroom Scheduling Software, advancements in Classroom Scheduling Software technology, and the adoption of Classroom Scheduling Software across various sectors. 3. Which regions are expected to dominate the Classroom Scheduling Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in Classroom Scheduling Software. 4. Who are the key players in the Classroom Scheduling Software market? Answer: Prominent companies in the Classroom Scheduling Software market include Classroom Scheduling Software, Classroom Scheduling Software, and Classroom Scheduling Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the Classroom Scheduling Software market face? Answer: The market faces challenges such as Classroom Scheduling Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the Classroom Scheduling Software market? Emerging trends include the integration of Classroom Scheduling Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the Classroom Scheduling Software market? Answer: Businesses can leverage growth opportunities in the Classroom Scheduling Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a Classroom Scheduling Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the Classroom Scheduling Software market. 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https://www.linkedin.com/pulse/octane-tester-market-size-type-euromonitor-international-markets-bhiif/ https://www.linkedin.com/pulse/valve-remote-control-systems-marine-3jhqf/ https://www.linkedin.com/pulse/desiccant-dehumidification-rotors-market-7pdff/ https://www.linkedin.com/pulse/epoxy-stone-adhesives-market-size-application-xbssf/ https://www.linkedin.com/pulse/bismuth-vanadate-pigment-market-size-xbzaf/ About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. 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Businesses get new boost into $18 billion export market in MarylandMcGregor must pay $250K to woman who says he raped her, civil jury rules

Travel: Colorado’s winter huts blend adventure, luxury, and scenic beautySave 41% on the Moto G Stylus 5G With This Massive Black Friday Smartphone Deal

Maryland sues maker of Gore-Tex over pollution from toxic 'forever chemicals'

Twelve people were charged with various impaired driving offences last weekend in the South Okanagan, as BC Highway Patrol checked more than 300 vehicles on Nov. 22 and 23. An additional two individuals were charged while driving prohibited, the provincial road safety unit said. "BC Highway Patrol recognizes that the holiday season is upon us and that there are increased social events where alcohol is being served," reads a media release. "We are reminding the public to plan ahead for these events and arrange for a designated driver or some other form of safe ride home." The unit added that it will be out in full force in the South Okanagan this holiday season, as it conducts enforcement activities conducting enforcement and works hard to make our roads safer.

McGregor must pay $250K to woman who says he raped her, civil jury rules

McGregor must pay $250K to woman who says he raped her, civil jury rules

Your black plastic kitchen utensils aren’t so toxic after all. But you should still toss them, group saysMaryland sues maker of Gore-Tex over pollution from toxic 'forever chemicals'

Your black plastic kitchen utensils aren’t so toxic after all. But you should still toss them, group saysNoneNEW YORK (AP) — U.S. stocks are rising toward records Tuesday after created only some ripples on Wall Street, even if they could were they to take effect. The S&P 500 climbed 0.5% and was on track to top its set a couple weeks ago. The Dow Jones Industrial Average added 81 points, or 0.2%, to set the day before, while the Nasdaq composite was 0.5% higher, with less than an hour remaining in trading. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he on Mexico, Canada and as soon as he takes office. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada's main index edged down by just 0.1%. Trump has often praised the , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. General Motors sank 8.2%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.9%. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun from a two-decade high a couple months ago to offer support to the . While lower interest rates can boost the overall economy and prices for investments, they can also offer more fuel for inflation. “Many” officials at the Fed's earlier this month said they should lower rates gradually, according to released Tuesday afternoon. Unlike tariffs in Trump's first term, his proposal from Monday night would affect products across the board. Trump’s tariff talk came almost immediately after U.S. stocks rose Monday amid excitement about his pick for Treasury secretary, Scott Bessent. The hope was the hedge-fund manager could steer Trump away from policies that balloon the U.S. government deficit, which is how much more it spends than it takes in through taxes and other revenue. The talk about tariffs overshadowed another set of mixed profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates instituted by the Fed to get inflation under control. tumbled 17.6% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. fell 4.7% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. A report on Tuesday from the Conference Board said improved in November, but not by as much as economists expected. J.M. Smucker jumped 5.4% for one of the biggest gains in the S&P 500 after topping analysts' expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. also helped prop up U.S. indexes. Gains of 2.8% for Amazon and 2% for Microsoft were the two strongest forces lifting the S&P 500. In the bond market, Treasury yields rose following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury climbed to 4.30% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after late last week. It's since dipped back toward $91,600, according to CoinDesk. It’s a sharp turnaround from the following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.

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