Sun05012016

News

Loyola Corners economics, traffic rise to top of planning concerns

Loyola Corners economics, traffic rise to top of planning concerns

Alicia Castro/Town Crier
Loyola Bridge construction parallel to the Fremont Avenue frontage may lead officials to alter circulation plans for the area.

Loyola Corners stakeholders last week mulled the issues that will likely shape the area&rsquo...

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Schools

LAHS Green Team commemorates Earth Week

LAHS Green Team commemorates Earth Week


Traci Newell/Town Crier
Los Altos High School Green Team members, above, quiz their classmates about water conservation. The club distributed plants as prizes during the club’s Earth Week activities.

Members of the Los Altos High School Green...

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Community

Local pianist, 11, slated to perform Saturday at statewide competition

Local pianist, 11, slated to perform Saturday at statewide competition


Courtesy of the Cha family
Spencer Cha plays piano at a Santa Clara University recital. The sixth-grader also enjoys soccer, tennis, golf and skiing.

Spencer Cha has come a long way since he first sat down at the piano at age 2.

“I remem...

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Sports

Spartans net second place, eye top prize next season

Spartans net second place, eye top prize next season


Megan V. Winslow/Town Crier
Jeremy Hsu, Mountain View High’s top singles player, competes against Pinewood Thursday. The Spartans won the match 7-0.

With freshmen playing the top three spots in singles, the future of the Mountain View High boy...

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Comment

Los Altos at a leadership crossroads: Editorial

Don’t look now, but there could be some major changes ahead regarding how the Los Altos city government is run.

The current city council has the opportunity to hire a new city manager in the wake of Marcia Somers’ recent resignation. Fur...

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Special Sections

How to personalize the wedding bar

How to personalize the wedding bar


Christine Moore/Special to the Town Crier
A seasonal signature cocktail adds interest beyond the standard wedding bar’s spirits and mixers. Focus on one set of fresh ingredients, such as blueberries, blackberries and mint for a dose of budget...

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Business

Farmers prepare to market season's bounty

Farmers prepare to market season's bounty


Alicia Castro/Town Crier
Journeyman farmer Jen Friedlander waters Hidden Villa’s greenhouse plants, which will grow stronger in the controlled indoor environment before being transferred to the field outdoors.

Around Hidden Villa, the gree...

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People

BUOL JOANNE DOUGHERTY

BUOL JOANNE DOUGHERTY

1930-2016

Heaven gained a beautiful angel today. Our beloved mother’s blessed life ended in her Los Altos home surrounded by her loving family on April 18, 2016.

Buol Joanne Dougherty was born Sept. 28, 1930 in Chicago. At the age of two, M...

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Stepping Out

'Catch' comes to conclusion LA Stage Co. comedy  ends run this weekend

'Catch' comes to conclusion LA Stage Co. comedy ends run this weekend


Richard Mayer/Special to the Town Crier
Bryan Moriarty, left, stars as Yossarian and John Stephen King plays the Psychiatrist in Los Altos Stage Company’s “Catch-22.”

Los Altos Stage Company’s presentation of “Catch...

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Spiritual Life

Stock market soars to record high

The stock market set new highs every day last week, and there shouldn’t be any speed bumps in the near term.

Declining unemployment is a big sign of improvement in the U.S. economy. The unemployment rate fell to 7.7 percent, its lowest level since 2008, and the economy added 236,000 jobs.

The Dow hit a record high of 14,165 Oct. 9, 2007, but the market lost more than half its value within 15 months. Worries remain as the March 27 deadline looms – current funding for the federal government expires, raising the specter of another shutdown battle.

Investors have been buying into the market during this week’s rally. The recovering economy and loose monetary policy by central banks around the world have pushed U.S. stocks higher this year. With the market firmly in bullish territory and economic drivers pointing upward, experts advise investors to keep 95 to 98 percent of their equity positions in the market.

Two Town Crier “50” stocks in the news:

• Yahoo Inc. (YHOO; $22.70) gave President and CEO Marissa Mayer a $1.1 million bonus in addition to her $1.1 million salary and stock compensation worth $56 million.

The board and investors rewarded Mayer for the company’s stock performance during her first five months at the helm – the stock rose from $16.54 to $22.90, a 46 percent gain. The company has hired six CEOs in five years, and most have looked outward. Mayer has concentrated on fixing internal problems.

She recently put an end to Yahoo’s work-from-home option. Approximately 200 employees worked from home, leaving empty cubicles and parking spaces at the company’s Sunnyvale headquarters. Mayer wanted workers in the office.

Since Mayer took the reins, analysts have begun to jump on the Yahoo bandwagon, with numerous analysts upgrading the stock from a hold to a buy.

• Rambus Inc. (RMBS; $5.66) has transferred a portfolio of patent assets covering display technologies to a subsidiary of Acacia Research Corp.

Rambus received an initial upfront payment and is expected to receive subsequent payments.

“The transaction enables Rambus to deliver value to our shareholders while we focus our resources and investments in other areas,” said Ronald Black, Rambus president and CEO.

The Sunnyvale-based company, founded in 1990, engages in the creation, design, development and licensing of patented innovations, technologies and architecture to digital electronic products.

Rambus’ share price has ranged between a high of $150 in 2000 to a low of $3 in 2002, with a 4:1 split in June 2000. The share price in 2010 fluctuated between $20 and $24, giving the firm a market capitalization value of $2.5 billion.

The company has lived with continuous lawsuits that determine the market price. In the past 52 weeks, the stock price has ranged between $3.78 and $6.96.

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