Mon05022016

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

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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