Sun07052015

News

Effective today, library cards free again in Los Altos

Both Los Altos libraries should see a spike in use soon. After the elimination of an $80 annual card fee that had been in place since 2011, nonresidents will receive free library cards at local libraries, effective today.

Residents of Mountain View ...

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Schools

Almond fifth-graders set sail at Shoreline

Almond fifth-graders set sail at Shoreline


Courtesy of Corinne Finegan Machatzke
Fifth- graders at Almond School launched the boats they designed and built at Shoreline Lake last month.

Almond School fifth-graders boarded their handmade boats at Shoreline Lake in Mountain View last month to...

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Community

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'


Courtesy of Charles Alley
Charles Alley’s filmmaking company may be based in Mountain View, but he knows all about “The Streets of San Francisco.” He’s rebooting the 1970s TV classic.

When people look for the next hit TV show, they often assume ...

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Sports

Enjoying the moment


Courtesy of Dick D’OlivA
Former Golden State Warriors trainer Dick D’Oliva, from left, wife Vi, former Warriors assistant coach Joe Roberts and wife Celia ride on a cable car in the victory parade.

Dick D’Oliva almost couldn’...

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Comment

The death knell of suburbia: A Piece of My Mind

The orchards are gone. The single-story ranch house is seen as a waste of valuable land and air space. An eight-lane freeway thunders past the bridle paths in Los Altos Hills. But nothing has signaled the death of suburbia more strongly than the ann...

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Special Sections

While competent & safe, MKC still can't catch European competitors

While competent & safe, MKC still can't catch European competitors


courtesy of Ford
The 2015 Lincoln MKC doesn’t overwhelm as far as overall performance goes, but it does offer comfortable ride quality.

Of all the auto companies with headquarters in the United States, only Ford managed to weather the great re...

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Business

Company installs EV charging stations at LAHS

Company installs EV charging stations at LAHS


Courtesy of Green Charge
Officials from Los Altos, Los Altos Hills and the Mountain View Los Altos Union High School District celebrate the installation of electric-vehicle charging stations at Los Altos High last week.

The Mountain View Los Alto...

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Books

People

HILDA CLAIRE FENTON

Hilda Claire Fenton, beloved wife and mom to 9, grandmother to 30 and great grandmother to 22, passed away June 20 following a long illness. She was 90.

Hilda was born Sept. 28, 1924, to Lois and Gus Farley then of Logan, W. Va. While she was still ...

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Travel

Venetian spa offers ways to de-stress

Venetian spa offers ways to de-stress


Courtesy of The VEnetian
The HydroSpa in the Canyon Ranch SpaClub at The Venetian in Las Vegas offers a muscle-relaxing bath and radiant lounge chairs.

Vegas cab drivers usually ask if you won or lost as soon as you get in their vehicles. They assum...

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Stepping Out

Cast carries 'Arcadia'

Cast carries 'Arcadia'


Courtesy of Pear Avenue Theatre
“Arcadia” stars Monica Ammerman and Robert Sean Campbell.

The intimate setting of Mountain View’s Pear Avenue Theatre proves the perfect place to stage “Arcadia,” allowing audience members to feel as though they a...

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Spiritual Life

Magazine

Living it up Older adults aim to age in place

Living it up Older adults aim to age in place


Megan V. Winslow/Town Crier
Local enthusiasts flock to the Los Altos Senior Center to play bocce ball. The center hosts informal games four days a week and occasional tournaments.

As baby boomers in Los Altos, Los Altos Hills and Mountain View nose...

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Inside Mountain View

Carrying the torch

Carrying the torch


Members of the Mountain View Police Department carry the Special Olympics torch as they run along El Camino Real between Sunnyvale and Palo Alto June 18. Members of the department participate in the relay annually to show their support for Spec...

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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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