Fri05292015

News

MV vehicle collision leaves one dead

A traffic accident Thursday morning (May 28) on Moffett Boulevard, near the Highway 85 overpass in Mountain View, has left one man dead.

The Santa Clara County Medical Examiner-Coroner's Office identified the victim as Karl Holladay, a 24-year-old G...

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Schools

Students discuss academic, social pressure in CHAC forum

Students discuss academic, social pressure in CHAC forum


Traci Newell/Town Crier
Community Health Awareness Council hosted a forum earlier this month where local students discussed the varied pressures they face.

Local students face enormous pressures in their lives, ranging from academic to social, but s...

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Community

Alan Alda discusses career, family and science at the Celebrity Forum

Alan Alda discusses career, family and science at the Celebrity Forum


Alda

Those who laughed along with Hawkeye Pierce on the long-running TV program “M*A*S*H*” would have enjoyed the recent Foothill College Celebrity Forum Speakers Series featuring actor Alan Alda.

Alda appeared May 13-15 at the Flint Center for...

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Sports

Eagles, Spartans advance

Eagles, Spartans advance


Town Crier file photo
Los Altos High’s Lizzy Beutter registered three hits in last week’s playoff win over Watsonville. She was also the winning pitcher.

Led by Lizzy Beutter, host Los Altos High whipped Watsonville 9-0 in the opening ro...

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Comment

Giving the thumb to what's done: Editorial

In the wake of recent Los Altos-area news events, we’re all thumbs.

Thumbs-down: To the Los Altos City Council’s decision to put the Walter Singer bust in storage. This is wrong on so many levels – even worse than the initial council decision to tra...

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Special Sections

Planting is possible despite drought

Planting is possible despite drought


Tanya Kucak/Special to the Town Crier
Wash the soilless mix off the root ball into the same container in which you have placed the clay soil from the planting hole. Remove at least an inch from the top and sides of the plant.

In this continuin...

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Business

Los Altos-based startup eyes digital makeup color-matching

Los Altos-based startup eyes digital makeup color-matching


Alicia Castro/Town Crier
Kokko Inc. Makeup Director Meli Pennington, standing, tests different shades of foundation on Los Altos resident Karen Melchior.

Meli Pennington knows cosmetics.

She has painted faces for the pages of Vogue and Glamour,...

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Books

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair


In the 1920s, two married people fall in love, leave their spouses and children and set about living and traveling together. Affairs of this sort were considered shocking at the time. But the scandal was heightened given that the man was Frank Lloy...

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People

GUY WILSON SHOUP

Guy Wilson Shoup, 80, died on April 28, 2015, at his Palo Alto apartment, after a long period of ill health. Born on November 22, 1934, to Margaret Owen Shoup and to Jack Wilson Shoup (the second son of Paul Shoup, widely considered the founder of Lo...

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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,” according to Ga...

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Stepping Out

LA Stage Co. goes to 'town'

LA Stage Co. goes to 'town'


courtesy of Los Altos Stage Company
The Los Altos Stage Company production of “Urinetown: The Musical” opens this weekend.

The Los Altos Stage Company caps its 19th season with the musical comedy “Urinetown: The Musical,” scheduled to preview Th...

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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

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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