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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Will stocks ‘get scary’ in May?

Every day reveals new evidence that the U.S. economy is slowing down in the second quarter. Charles Nenner, founder of the Charles Nenner Research Center, suggests that the sell-off has just begun and that anyone buying stocks now has missed the bus by four years. Stocks may “get scary” in May, he predicted.

Prices for industrial commodities have slumped, as have prices for gasoline and crude oil. The poor inflation outlook reflects worries about faltering demand.

Continued weakness in the transport sector and cyclical stocks after the quarter earnings reports could heighten the risk of a full-fledged secondary correction. There are still quality stocks available at reasonable price valuations. Sound utility stocks that pay a good dividend remain a better investment than money stuck under the mattress.

Companies on the Town Crier “50” made headlines last week.

• IBM Corp. (IBM; $188.53) reported poor earnings for the first quarter, which could indicate a rough time for the stock market. The company’s stock movement after earnings has registered a stunning 75 percent success rate in predicting market direction over the past decade.

• Google Inc. (GOOG; $800.97) reported its first-quarter profit and loss statement last week. Even if the returns don’t excite investors, they shouldn’t deter anyone from purchasing the stock for the long haul.

Numbers indicated a strong performance in the company’s core advertising business, which reported $13.97 billion in gross revenues. Net income for the quarter came in at $3.5 billion. The only major loss resulted from Google’s Motorola hardware acquisition.

CEO Larry Page told analysts that Google would continue investing in speculative products ranging from high-speed fiber networks to wearable computers and driverless cars.

When self-driving technology spreads, Google will have a monopoly on licensing. Unfortunately, the company won’t realize returns from the developments until driverless cars dominate.

Google Glass should someday replace smartphones, increasing the company’s bottom line.

• Apple Inc. (AAPL; $398.66) released its March-quarter earnings, which will be observed keenly, Tuesday, after the Town Crier’s press deadline. The company’s stock tanked to its lowest level since December 2011 amid concerns regarding its direction and near-term outlook.

Macs appear to be bucking the industrywide personal-computer sales slump, and Apple maintained a 39 percent share of the U.S. market for smartphone operating systems in February/March.

Apple sent an open letter to its customers in China, vowing to improve its customer service. A Chinese regulator promised to increase supervision. Apple – and investors – should watch this matter closely, as China accounted for $7.3 billion in sales in the December quarter.

If Apple doesn’t announce a dividend increase when it reports its earnings, expect the stock price to drop further. Despite the lower price, many investors remain bullish in anticipation of new products before the end of the year.

Apple’s strategy of manufacturing only high-end iPhones has worked well, but Samsung is killing Apple in the market, and other vendors are challenging with different price levels and sizes.

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