Fri02122016

News

SPLAT targets data, outreach as airplane noise continues

SPLAT targets data, outreach as airplane noise continues


Graphic courtesy of Don Gardner
Activists claim that a new SFO flight path leaves a “sound shadow” that impacts Los Altos and Los Altos Hills.

Sky Posse Los Altos Team – more simply known as SPLAT – seeks to squelch the noise...

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Schools

Los Altos High student-run charity plans '5 Gallon Gala'

Los Altos High student-run charity plans '5 Gallon Gala'


Courtesy of Lia Evard
Water by Youth members gave Egan students a chance to carry a 40-pound Jerry can, to see how difficult it is to obtain water in developing nations.

Water by Youth, a club at Los Altos High School, is making a splash by pla...

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Community

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage


Courtesy of Alicia Madden
Sales of local Girl Scout cookies support service projects, such as funding an orphanage in the village of Mto wa Mbu in Tanzania.

Girl Scout cookies – whether you think of them as a treat, a tradition or a diet comp...

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Sports

Scoreless spells sink LA boys

Scoreless spells sink LA boys


Megan V. Winslow/Town Crier
Los Altos High point guard Nolan Brennan attempts a shot in Friday’s game versus Palo Alto. He scored eight points in the loss.

There have been several games this season in which the Los Altos High boys basketball t...

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Comment

New 'York' values

New 'York' values


Hughes

 

As we have witnessed California suffer through one of its worst droughts in history over the past few years, all of us, I’m sure, have been keenly aware of our surroundings and have done a small part in trying to conserve wa...

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Special Sections

Getting a charge  out of the Volt

Getting a charge out of the Volt


Courtesy of Chevrolet
The 2016 Chevrolet Volt can be driven up to 50 miles on the power stored in its batteries.

Just five years ago, we wondered in this column what the power supply would be for the car of the future. Gasoline, diesel, electric ba...

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Business

Nearing V-Day: Shops stock sweets, treats

Nearing V-Day: Shops stock sweets, treats


Megan V. Winslow/Town Crier
Los Altos resident Ella Roosakos, 11, with her mother, Gail, puzzles over which Gourmet Works sweets to buy as a valentine for Ella’s friend.

The gift-buying rush isn’t exclusive to Christmas. It may jump over...

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People

ALAN RODNEY MILLS

ALAN RODNEY MILLS

Alan Rodney Mills, PhD, 83, of Los Altos passed away peacefully on Saturday, January 30th, 2016. He was born in Rochdale, England in 1933 and came to California in 1962. He was a proud alumni of Manchester Grammar in England, University of Liverpoo...

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Stepping Out

PYT 'Gets Famous'

PYT 'Gets Famous'


Lyn Flaim Healy/Spotlight Moments Photography
Renee Vetter of Palo Alto, left, and Megan Foreman of Los Altos star in Peninsula Youth Theatre’s “Judy Moody Gets Famous.” Performances are scheduled Friday and Saturday.

Peninsula...

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Spiritual Life

A time to prepare: Fasting for Lent isn't limited to food

 

Today is Ash Wednesday, which in the Christian calendar marks the beginning of Lent – the 40 days of preparation for Resurrection Sunday, otherwise known as Easter.

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Inside Mountain View

New right-to-lease ordinance promises relief for renters

New right-to-lease ordinance promises relief for renters


Mountain View Tenants Coalition/Facebook
Residents gather in the fall to protest Mountain View’s rising rents. Rent relief is on the way in the form of a new ordinance.

A controversial Mountain View law requiring landlords to provide lease opt...

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Prepare for more stock volatility

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With the stock market down more than 450 points as we enter the final week before the presidential election, it’s interesting to recall that the Dow Jones Industrial Average was dropping quickly when John McCain was the Republican nominee four years ago.

When President Barack Obama was inaugurated Jan. 20, 2009, the Dow Jones Industrials registered slightly below 8,000. The market had experienced a one-day drop of 778 points the previous September, followed by three more big drops in October.

Today, concerns over disappointing earnings and economic worries in Europe could lead to the same type of volatility.

The “fiscal cliff” looms, with spending cuts and tax increases of up to $600 billion awaiting lawmakers in January. Many corporations have postponed their investment spending until Congress resolves the situation.

Investors should not expect to avoid disappointment in this economic environment, but they could tip the odds in their favor by purchasing stocks with sales momentum, improving profit margins and reasonable valuations.

The latest news on two Town Crier “50” stocks:

• Apple (AAPL; $604:00) announced its quarterly earnings Thursday, missing the forecast and falling short of estimates. For the fiscal quarter, Apple reported earnings of $11.75 a share on $52 billion in revenue. Analysts expected earnings of $15.43 a share on $55 billion.

Apple priced its much-anticipated iPad mini at $329, well above the $199 of similar-sized tablets offered by Amazon and Google. While some analysts worry about the price differential, Apple has previously succeeded at selling products at a premium compared with rival offerings. However, only 14 million iPad minis have been sold, below forecasts.

Analysts still consider Apple stock both a short- and long-term buy.

• Facebook Inc. (FB; $21.94) experienced its largest one-day gain last week, with the stock closing at $23.23, up 19 percent for the day but still a long way from its initial offering of $38. Revenue for the third quarter totaled $1.26 billion, a $325 million increase, compared with $954 million in the third quarter of 2011. As of Sept. 30, the company’s cash and marketable securities totaled $10.5 billion.

The improvement in Facebook stock’s performance is likely attributable to burgeoning sales in the mobile advertising market. Approximately $150 million resulted from Facebook ads appearing on mobile devices.

Employees and investors Monday became eligible to sell nearly 234 million shares of stock they’ve had to hold because of trading restrictions. Another 700 million shares will be unlocked Nov. 14. The increase in stock sales could cause the price to drop again. After the sell-off, the stock price should increase.

Analysts aren’t in unison when it comes to Facebook stock – a few recommend selling, but most suggest holding on, expecting the price to rise.

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