Fri02122016

News

SPLAT targets data, outreach as airplane noise continues

SPLAT targets data, outreach as airplane noise continues


Graphic courtesy of Don Gardner
Activists claim that a new SFO flight path leaves a “sound shadow” that impacts Los Altos and Los Altos Hills.

Sky Posse Los Altos Team – more simply known as SPLAT – seeks to squelch the noise...

Read more:

Loading...

Schools

Los Altos High student-run charity plans '5 Gallon Gala'

Los Altos High student-run charity plans '5 Gallon Gala'


Courtesy of Lia Evard
Water by Youth members gave Egan students a chance to carry a 40-pound Jerry can, to see how difficult it is to obtain water in developing nations.

Water by Youth, a club at Los Altos High School, is making a splash by pla...

Read more:

Loading...

Community

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage


Courtesy of Alicia Madden
Sales of local Girl Scout cookies support service projects, such as funding an orphanage in the village of Mto wa Mbu in Tanzania.

Girl Scout cookies – whether you think of them as a treat, a tradition or a diet comp...

Read more:

Loading...

Sports

Scoreless spells sink LA boys

Scoreless spells sink LA boys


Megan V. Winslow/Town Crier
Los Altos High point guard Nolan Brennan attempts a shot in Friday’s game versus Palo Alto. He scored eight points in the loss.

There have been several games this season in which the Los Altos High boys basketball t...

Read more:

Loading...

Comment

New 'York' values

New 'York' values


Hughes

 

As we have witnessed California suffer through one of its worst droughts in history over the past few years, all of us, I’m sure, have been keenly aware of our surroundings and have done a small part in trying to conserve wa...

Read more:

Loading...

Special Sections

Getting a charge  out of the Volt

Getting a charge out of the Volt


Courtesy of Chevrolet
The 2016 Chevrolet Volt can be driven up to 50 miles on the power stored in its batteries.

Just five years ago, we wondered in this column what the power supply would be for the car of the future. Gasoline, diesel, electric ba...

Read more:

Loading...

Business

Nearing V-Day: Shops stock sweets, treats

Nearing V-Day: Shops stock sweets, treats


Megan V. Winslow/Town Crier
Los Altos resident Ella Roosakos, 11, with her mother, Gail, puzzles over which Gourmet Works sweets to buy as a valentine for Ella’s friend.

The gift-buying rush isn’t exclusive to Christmas. It may jump over...

Read more:

Loading...

People

ALAN RODNEY MILLS

ALAN RODNEY MILLS

Alan Rodney Mills, PhD, 83, of Los Altos passed away peacefully on Saturday, January 30th, 2016. He was born in Rochdale, England in 1933 and came to California in 1962. He was a proud alumni of Manchester Grammar in England, University of Liverpoo...

Read more:

Loading...

Stepping Out

PYT 'Gets Famous'

PYT 'Gets Famous'


Lyn Flaim Healy/Spotlight Moments Photography
Renee Vetter of Palo Alto, left, and Megan Foreman of Los Altos star in Peninsula Youth Theatre’s “Judy Moody Gets Famous.” Performances are scheduled Friday and Saturday.

Peninsula...

Read more:

Loading...

Spiritual Life

A time to prepare: Fasting for Lent isn't limited to food

 

Today is Ash Wednesday, which in the Christian calendar marks the beginning of Lent – the 40 days of preparation for Resurrection Sunday, otherwise known as Easter.

Read more:

Loading...

Inside Mountain View

New right-to-lease ordinance promises relief for renters

New right-to-lease ordinance promises relief for renters


Mountain View Tenants Coalition/Facebook
Residents gather in the fall to protest Mountain View’s rising rents. Rent relief is on the way in the form of a new ordinance.

A controversial Mountain View law requiring landlords to provide lease opt...

Read more:

Loading...

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.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos