Fri09042015

News

West Nile fogging commences Sept. 2

West Nile fogging commences Sept. 2


Courtesy of the Santa Clara County Vector Control District
Fogging commences Wednesday within the highlighted area.

The detection of West Nile Virus-infected mosquitos means that Santa Clara County officials will begin mosquito fogging operations...

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Schools

LASD trustees reopen negotiations with Los Altos Teachers Association

The Los Altos School District Board of Trustees last week directed staff to reopen negotiations with the Los Altos Teachers Association, a move intended to shore up the district’s financial picture.

According to the district’s current co...

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Community

LA teenager crowned Miss Golden State, advances to national pageant in Florida

LA teenager crowned Miss Golden State, advances to national pageant in Florida


Alicia Castro/Town Crier
Alexandra McCarthy, crowned Miss Golden State Teen in July, earned “Ms. Personality” honors from her peers.

Alexandra McCarthy has a ways to go before reaching her coveted role as a U.S. Supreme Court justice. Bu...

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Sports

After rough year, Eagles aim to soar once more

After rough year, Eagles aim to soar once more


Megan V. Winslow/Town Crier
Los Altos High senior running back Patrick Vargas snares a pass in practice last week.

Don’t dismiss the Eagles. Coach Trevor Pruitt is adamant that his Los Altos High football team will be better than expected.

&#...

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Comment

Car spotting 2015: A Piece of My Mind

When I was a kid, September was exciting, almost like Christmas, because that was when the Big Three automakers would reveal the new models for the upcoming year.

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Special Sections

Loving on the Edge

Loving on the Edge


Courtesy of Ford
The Ford Edge has been redesigned for 2015. Ford lengthened the wheel base and added cargo space, among other things. The Titanium model sells for approximately $42,000.

Once in a while, a vehicle we test-drive is just right for our...

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Business

Wine bar aims for October opening

Wine bar aims for October opening


Rendering courtesy of Honcho
Honcho, the wine and beer lounge on First Street, expects an October launch. A rendering of the space reveals the interior layout, which includes bar and lounge-style seating.

A downtown libations lounge that anticip...

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People

LOIS CAROLINE WALLES

LOIS CAROLINE WALLES

November, 1928

Lois lost a long and courageous battle with a prolonged illness on July 14th, 2015. She passed away knowing how well she was loved. She was always the life of the party and loved bringing everyone to her home for dinner or an event,...

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Travel

Carmel Valley Ranch unveils upgrades

Carmel Valley Ranch unveils upgrades


Courtesy of Carmel Valley Ranch
Carmel Valley Ranch recently upgraded its Vineyard Oak suites, which feature sweeping views, rocking chairs and private outdoor tubs for soaking under the stars.

Things are heating up at Carmel Valley Ranch, with 30 n...

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Stepping Out

'Dead Man' comes alive at Bus Barn

'Dead Man' comes alive at Bus Barn


Richard Mayer/Special to the Town Crier
The cast of Los Altos Stage Company’s “Dead Man’s Cell Phone” includes, from left, Marjorie Hazeltine (as Hermia), Kristin Walter (Jean) and Adrienne Walters (Carlotta).

Los Altos Stage Company opens its ...

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Spiritual Life

Inside Mountain View

MV actress/playwright Garvin wins NY festival award for

MV actress/playwright Garvin wins NY festival award for "Corners Grove"


Courtesy of Undiscovered Countries
Kaela Mei-Shing Garvin received a New York arts festival award for a featured role in “Corners Grove,” a play she wrote.

New York recognized that one of Mountain View’s own can “make it there” when the Planet C...

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Obama invites lawmakers to White House

After Tuesday’s election, stocks turned downward with the Dow Jones industrial average moving to its lowest level in more than four months.

Uncertainties over the potential “fiscal cliff,” a fresh round of worries concerning European countries and less-than-impressive corporate profits in the third quarter continue to weigh on stocks in the near term.

However, investors should not let headlines chase them away from quality stocks. The election proved a reminder of the deeply partisan divide on Capitol Hill and across the country. Friday, President Barack Obama invited business and congressional leaders of both parties to the White House for a talk on avoiding the fiscal cliff.

What the politicos in Washington do next will be critical for the market, as legislators put their stamps on the tax increases and spending cuts that will take effect in the new year unless a deal to avert the increases is reached.

Most importantly, the country could slide into recession next year and unemployment could rise without a compromise. For a safety measure, I still recommend approximately 15-20 percent of equity portfolios in a short-term bond fund.

News of local firms the past few weeks:

• Yahoo Inc. (YHOO; $17.51), the digital media company, has been drawing attention since Marissa Mayer became president and CEO.

Last week Yahoo announced a deal with Wenner Media, an entertainment media company that publishes Rolling Stone, US Weekly and several other national magazines. Though Mayer is focusing on product development, she is not ignoring opportunities to overcome Yahoo’s struggles to compete with Google Inc., Microsoft Corp. and Facebook.

Yahoo recently announced better-than-expected third-quarter results with earnings up year to year, exceeding the consensus estimate by 11 cents. Gross profit margin for Yahoo is high, coming in at 78 percent.

Numerous analysts, actively watching Yahoo, continue to suggest a “Hold and Watch” status but are looking for an increase in the share price.

• Microsoft Corp. (MSFT; $28.31) sold 4 million upgrades to Windows 8 since its debut Oct. 26. That puts it ahead of the pace set by Windows 7.

CEO Steve Ballmer said, “The launch of Windows 8 is the beginning of a new era at Microsoft.”

Microsoft announced Nov. 7 that it signed patent licensing agreements with five different companies that include camcorder, digital camera and Android tablet manufacturers.

Two weeks ago Microsoft reported quarterly revenue of $16.01 billion for the quarter that ended Sept 30. Microsoft dividends pay a 3.20 percent yield, and the market value of its stock is $242.4 billion. That puts Microsoft in a position to purchase many companies. Microsoft is a long-term and short-term Buy.

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