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News

Hills man arrested on molestation charges

Hills man arrested on molestation charges

Gregory Helfrich

Updated 11:28 a.m.:

Santa Clara Sheriff’s detectives have arrested a Los Altos Hills man they suspect repeatedly molested a child decades ago.

Detectives arrested Gregory Helfrich, 54, on a warrant at his Old Page Mill R...

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Schools

Local AAUW gives gift of science to junior high students

Local AAUW gives gift of science to junior high students


Courtesy of Jessica Harell
Blach Intermediate School seventh-grader Paris Harrell, who loves science and animals, recently received a scholarship from the local branch of the AAUW to attend Tech Trek camp.

It’s not every day that a junior hig...

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Community

At 98, former language teacher remains a lifelong learner

At 98, former language teacher remains a lifelong learner


Federici

Longtime Los Altos resident Mario Federici, who turned 98 Feb. 24, is a man of many languages. He shared his knowledge with thousands of students during his long career as a teacher.

Federici was born and raised in Italy, where he stud...

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Comment

Attend an event, get involved, have fun: Editorial

You don’t have to run for city council to get involved in the community. Sometimes it can be as simple as attending a Los Altos event. You’ll have plenty of opportunities, as the May and June calendars are bustling with activity.

The Dow...

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Special Sections

Racing around Monterey

Racing around Monterey


Gary Anderson/Special to the Town Crier
The easy handling of the VW Golf R, above, makes for an ideal ride along the Big Sur coast.

 

When automotive journalists are asked to list their favorite places in the world to drive, Monterey alway...

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Business

'Steampunk' eatery toasts local libations

'Steampunk' eatery toasts local libations


Courtesy of Eureka
Eureka, a new restaurant in downtown Mountain View, highlights local craft beer and whiskeys on a menu of food spanning from sea to farm.

Craft beer and fancy whiskeys headline the menu at Eureka, the new restaurant that opene...

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People

Stepping Out

PA Players seek escape in 'Into the Woods'

PA Players seek escape in 'Into the Woods'


Courtesy of Palo Alto Players
The Baker’s Wife, left, and Cinderella’s erstwhile Prince stand out in the Palo Alto Players production of “Into the Woods.”

Little Red Riding Hood sets forth at the outset of “Into the...

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Spiritual Life

Los Altos United Methodist Church service salutes Heifer International

Los Altos United Methodist Church service salutes Heifer International


Courtesy of Los ALtos United Methodist Church
Hidden Villa will bring some of its farm animals to Los Altos United Methodist Church Sunday to support the nonprofit Heifer International.

Los Altos United Methodist Church is scheduled to salute th...

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Job growth boosts stock market

Last week was volatile for stocks, with interest-rate worries prompting market fluctuations. Despite the swings, the Dow Jones industrial average remained within 3 percent of its May 28 all-time closing high of 15,409.39. After the release of the monthly job reports Friday, the market shot up more than 150 points.

Attribute the volatility to fears of interest-rate increases and a preponderance of negative profit warnings. Recent guidance from S&P 500 companies for the June quarter has also been negative.

A more substantial pullback would not be surprising, as the market has advanced without interruption since mid-November. We are at the point where we could use a short downturn.

While interest-rate fears have received most of the blame, a number of warnings are floating around to confuse the average investor. Rising bond yields and falling profit expectations are hurting the relative appeal of stocks, especially where the primary draw is dividend income.

For now, however, the Dow is still in the bullish camp and quality stocks are available at reasonable valuations.

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

• Symantec Corp. (SYMC; $22.26) released its fourth-quarter results last month, reporting its operating margin at 14.4 percent, compared with 11.4 percent for the same quarter last year. Symantec’s net income totaled $188 million, down from $559 million a year ago. Last year the Mountain View-based company benefited from a joint venture stake sale to Huawei, contributing to the year-over-year change.

“In a year of significant leadership changes and development of a new company strategy, the team remained focused on running the business to deliver better than expected results,” said Steve Bennett, president and CEO of Symantec, a security software maker.

Symantec’s share price has increased nearly 55 percent in the past year, exceeding the performance of the broader market during the period. The stock price should continue to rise.

Analysts at The Street deem Symantec stock a buy – with a high price of $30 – noting that the company’s strengths are evident in revenue growth, stock price performance, valuation levels, profit margins and financial position.

• Electronic Arts Inc. (EA; $23.08) scored some press last week, with a Wall St. Cheat Sheet headline asking: “Is Electronic Arts Really the Worst Company in America?” The author of the article, Dan Moskowitz, immediately answered, “absolutely not,” though he did cite revenue as a major problem. The worst company in the world, he wrote, doesn’t have a profit margin, a strong balance sheet and increased online exposure.

Electronic Arts stock vaulted to a 52-week high Friday at $23.66 per share.

The Redwood City firm develops, markets, publishes and distributes game software content. It also provides services for video-game consoles, personal computers, tablets and electronic readers. Founded in 1982, Electronic Arts sells its products through mass-market retailers and specialty stores.

The next generation of games from Electronic Arts – Madden NFL 25, NBA Live, Battlefield 4 and several all-out multiplayer warfare games – was announced Monday, after the Town Crier’s press deadline.

Recent analysts’ reports have upgraded Electronic Arts stock to a hold or a neutral, with a mean target price of $21.50 and a high of $26.

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