Mon05252015

News

Hilltop robbery suspects implicated in crimes across Bay Area

Hilltop robbery suspects implicated in crimes across Bay Area

The three Oakland men arrested in connection to the May 11 home invasion robbery of a Hilltop Drive home are under investigation for numerous additional crimes committed across the San Francisco Bay area, the Santa Clara County Sheriff's Office revea...

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Schools

Preschool matriarch steps down

Preschool matriarch steps down


Alicia Castro/Town Crier
Children’s Center Preschool Director Non Mead sits beside her granddaughter, Greta Germack, during Greta’s birthday celebration.

Non Mead is the quintessential grandmother. Wise and warm, she ties shoelaces with ...

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Community

No 'Love' for Facebook

No 'Love' for Facebook


COurtesy of TRU Love
Tru Love sent multiple messages to Facebook – and made calls to the media – before the company unlocked her account.

Tru Love’s name may be unusual, but she comes by it naturally.

If only Facebook saw it that way.

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Sports

Semi sweep

Semi sweep


Town Crier file photo
St. Francis High’s Steve Dinneen, rising up for the kill, posted 15 kills in Saturday’s CCS semifinal sweep of rival Bellarmine.

There was no letup in the Lancers. Although the St. Francis High boys volleyball team ...

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Comment

Statute of limitations: Haugh About That?

“I can’t believe he’d do this to me,” I cried hysterically. “After all we meant to each other.” Curling into a ball, torrential teenage tears melted my mascara as my entire world came crashing to an obliterated end...

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Special Sections

Cancer survivors march toward strength, hope via Relay For Life

Cancer survivors march toward strength, hope via Relay For Life


Alicia Castro/Town Crier
Cancer survivors Eileen Chun, left, and Marilyn Labetich build strength at Curves of Los Altos.

Two local women took steps toward cancer recovery by caring for themselves and celebrating alongside each other.

Eileen Chun and...

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Business

Repeat business: Répéter consignment celebrates 10 years on State Street

Repeat business: Répéter consignment celebrates 10 years on State Street


Megan V. Winslow/Town Crier
Kellee Breaux owns Répéter, the State Street women’s consignment boutique that celebrates a decade in business Saturday.

Kellee Breaux’s life is a triangle: The 36-year-old lives in Newark, teaches full time a...

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Books

People

EDITH MAY COOPER

EDITH MAY COOPER

September 20, 1908 – April 7, 2015

Edith Cooper died peacefully in her sleep on April 7th in Los Altos, California, at the age of 106, where she had been a resident for over 30 years.

She was predeceased by Frank, her husband and her 3 brothers B...

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Travel

Flying south for the winter: Antarctica trips are not just for the birds

Flying south for the winter: Antarctica trips are not just for the birds


Photos Courtesy of Dave Hadden
Los Altos residents Dave and Joan Hadden watched the scenery from the large boat and a smaller Zodiac.

Standing on the beach with hundreds of thousands of penguins is “the experience of a lifetime,” accord...

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Stepping Out

Bye bye 'Birds'

Bye bye 'Birds'


Ray Renati/Special to the Town Crier
“Birds of a Feather” stars Troy Johnson and Diane Tasca.

Pear Avenue Theatre’s world premiere of “Birds of a Feather” is set to run through Sunday in Mountain View.

The play is the third chapter in local pla...

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Spiritual Life

Mercifully in His grip: Exploring our true position in Christ

I recently read a wonderful analogy about our true position in Christ. It was shockingly contrary to the messages impressed upon me in church, but deeply rooted in the Bible. The analogy is that of child and a parent. If you have ever taken a small ...

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Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

Civility Roundtable opens discussion on race, policing

With racially charged unrest shaking places like Ferguson, Mo., New York City and Baltimore, the Mountain View Human Relations Commission posed a question: “How can we prevent Ferguson from happening in Mountain View?”

Nearly 150 residen...

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Investors approve of latest Fed action

Stocks have rebounded on encouraging economic news, bringing indexes to new highs and the Dow Jones industrial and transportation averages within 2 percent of their May highs. Along with improving labor statistics and the Federal Reserve’s decision to continue buying bonds and keep interest rates low, the news confirms a bullish trend for the market.

Job growth alone won’t support increased stock prices, but in the long run, it helps boost U.S. corporate profits. Moves above all-time Dow industrial average highs of 15,409.39 will confirm a bullish primary trend.

At an economic conference last week, Fed Chairman Ben Bernanke explained how the central bank views the economy, emphasizing that the economy must accommodate monetary policy for the “foreseeable future.”

With bond yields rising slightly and bond-fund investors suffering losses, those in the bullish camp argue that money will continue to rotate from bonds to stocks.

Stock market volatility has accelerated in July, and further weakness is possible in the near term, despite the encouraging primary trend. However, secondary corrections are necessary evils in a bull market.

The bottom line for this week reveals that the recent market volatility has troubled many investors, because stocks have done nothing unexpected when it comes to a pullback relative to historical corrections and positive moves by the Fed.

Bernanke said the Fed might begin to curb its massive bond-buying program later this year and halt the practice completely by the middle of 2014 if the unemployment rate reaches 6.5 percent.

Two Town Crier “50” stocks made headlines last week.

• Cisco Systems Inc. (CSCO; $25.93) has reported higher sales in 14 consecutive quarters. In the past 12 months, the company’s per-share profits rose 13 percent, while its competitors’ decreased 9 percent. The world’s largest supplier of networking equipment, Cisco’s results closely correlate to the performance of the global economy.

Cisco in June introduced a new router capable of handling four times more network traffic than previous incarnations, an upgrade that could generate $2 billion over the next two years.

Even as Cisco expands into higher-growth markets such as cloud computing, it still sticks to what it does best.

Many brokerage houses rate Cisco stock as a focus or long-term buy. Investors should consider purchasing shares – stock has proven resilient during the market’s recent volatility, offers growth potential and yields an annual dividend of 2.8 percent.

• Oracle Corp. (ORCL; $31.98) stock has traded on the Nasdaq exchange since 1986, but effective July 15, the company began trading on the New York Stock Exchange. The company will retain its ticker symbol as it transfers to the NYSE.

Oracle reported soft April-quarter results, with shares slumping and the new dividend hike failing to impress investors. Earnings-per-share increased 5 percent to 87 cents, matching the consensus, while sales held flat at $10.95 billion. New software licenses and subscriptions for cloud software rose 4 percent, offsetting a decline in hardware products and support.

For the July quarter, Oracle expects sales of new licenses and subscriptions to be flat or to increase to 8 percent. The company doubled its quarterly dividend to 12 cents, payable Aug. 2. The yield is 0.8 percent per share.

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