Tue09022014

News

A flood of candidates seek seats on high school board

Two incumbents and five newcomers are vying for seats on the Mountain View Los Altos Union High School District Board of Trustees – a significant increase in the number of candidates who have run over the past 10 years.

According to data from the Sa...

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Schools

One more candidate joins MVLA race

When longtime incumbent Judy Hannemann declined to run again, the deadline to file for the upcoming Mountain View Los Altos Union High School District Board of Trustees election was extended by a few days. Mountain View resident Sanjay Dave registere...

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Community

CSA salutes 'Hometown Heroes' at breakfast

CSA salutes 'Hometown Heroes' at breakfast


Mendoza

The Community Services Agency’s 2014 “Hometown Heroes” fundraising breakfast is scheduled 7:15 a.m. Sept. 19 at the Computer History Museum, 1401 N. Shoreline Blvd., Mountain View.

“Hometown Heroes” honors individuals and businesses for...

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Sports

No suit, no sweat

No suit, no sweat


Courtesy of the Gallagher Family
Joe Gallagher – a 12-year-old from Los Altos Hills – swims from near Alcatraz Island to the San Francisco shore. His uncle, Joe Locke, an accomplished open-water swimmer, accompanied him.

For his recent s...

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Comment

Back to school, back to thumbs: Editorial

The kids are back in class at our local schools and a new political campaign season is underway, so we have our thumbs out and ready to go.

Thumbs-up: To last week’s community workshop for rebuilding the Los Altos Community Center. The Aug. 19...

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Business

Sweet Shop celebrates five-year anniversary

Sweet Shop celebrates five-year anniversary


Ellie Van Houtte/Town Crier
The Sweet Shop at 994 Los Altos Ave. marks its fifth year in business Sept. 7. The shop is a popular after-school stop for families and students.

When Stacy Savides Sullivan opened the Sweet Shop at 994 Los Altos...

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Books

"Jack London" chronicles author's adventurous life


Much has been written about American author Jack London, primarily known for his early-20th-century Western adventure novels, including the classics “White Fang” and “The Call of the Wild.”

In Earle Labor’s biography of the literary icon, “Jac...

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People

JEFF JOHNSON

JEFF JOHNSON

Jan 10, 1967 - Aug 10, 2014

Jeff was born and raised in Los Altos. He was a graduate of Los Altos High School. He then went to Foothill College where he had an opportunity to spend 3-months in Europe through a study abroad program. That experience...

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Travel

Visiting Vancouver Western Canada's premier destination has much to offer

Visiting Vancouver Western Canada's premier destination has much to offer


Photos courtesy of TOURISM VANCOUVER
Outdoor adventures abound in and around Vancouver, including a boat excursion into Horseshoe Bay and a jaunt on the Cliffwalk at Capilano Suspension Bridge Park, among the most popular attractions in British Col...

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Stepping Out

'Water' rises in Mtn. View

'Water' rises in Mtn. View


Kevin Berne/Special to the Town Crier
Elliot (Miles Gaston Villanueva) struggles to understand Odessa’s (Zilah Mendoza) online activity in TheatreWorks’ regional premiere of the award-winning drama “Water by the Spoonful.”

TheatreWorks’ regiona...

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Spiritual Life

Spiritual Briefs

Meditation group meets at Foothills Congregational

A Weekly Meditation Practice group meets 7-8:15 a.m. Tuesdays at Foothills Congregational Church, 461 Orange Ave., Los Altos.

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Magazine

Los Altos Hills home showcases resort-inspired living

Los Altos Hills home showcases resort-inspired living


Courtesy of Spectrum Interior Design
In place of a more traditional fireplace, this modern living room features a linear-flame firebox that emits heat while offering a sculpturelike design element.

After traveling the world and visiting a host o...

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Consumer confidence will lift market

If history is any indicator, the market should perform strongly in the second half of the year. Since World War II, every year the S&P 500 posted gains in January and February, the market recorded a positive year.

Stocks in 2013 have registered the best first-half performance since 1999, despite the U.S. economy stuck in low gear for more than a year with an average annual growth of 1.7 percent.

But according to the monthly publication Blue Chip Economic Indicators, gross domestic product is expected to increase to 1.9 percent this year, fueled by consumers’ optimism. Consumers account for roughly two-thirds of U.S. economic activity, and the improving outlook for consumer spending is one reason the market should gain steam in 2014. When consumers have money to spend and invest, you can bank on a rising stock market.

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

• Intuit Inc. (INTU; $62.76) agreed to sell its Financial Services Business to the private-equity firm Thoma Bravo for $1 billion. Intuit also plans to sell its health group, which provides financial services and software to hospitals.

The divestures are part of Intuit’s major restructuring, designed to allow the company to concentrate more on its core business of tax programs for consumers and small businesses. The proceeds from both sales should speed up share repurchasing.

Intuit began in 1983 marketing Quicken Personal Finance Software. Annual revenue now tops $4 billion, with a net income of $792 million. With 8,500 employees, the company plans to diversify beyond desktop software and Web services into software for tablets and smartphones.

Most analysts rate Intuit stock as a hold, though Raymond James Financial Services upgraded it last week to a strong buy. The mean target price per share is $65.94, with a high of $85.

• Apple Inc. (AAPL; $412.69) is still No. 1 in the U.S. smartphone market, but its share of the market remained virtually flat at 39 percent in the quarter, according to researchers, while Samsung Electronics gained two percentage points to take a 21 percent slice and Google Motorola captured 8 percent.

Among smartphone operating systems, Google’s Android maintained a 52 percent share of the U.S. market, followed by Apple at 39 percent.

Looking ahead to what may be its next big release, Apple applied for a trademark for iWatch in Japan. Wearable computing devices have suddenly become a crowded field, with companies racing to bring their new products to consumers. The market for wearable computers could exceed $12 billion by 2018, according to one research firm.

Apple projects third-quarter revenue totaling between $33.5 billion and $35.5 billion, gross margin between 36 and 37 percent, and operating expenses between $3.85 billion and $3.95 billion. Other expenses are projected at $300 million.

The majority of analysts who cover Apple consider its stock a current and long-term buy. Among 50 brokers surveyed, the mean target price is $538.74, with a high of $888.

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