Mon05252015

News

Hilltop robbery suspects implicated in crimes across Bay Area

Hilltop robbery suspects implicated in crimes across Bay Area

The three Oakland men arrested in connection to the May 11 home invasion robbery of a Hilltop Drive home are under investigation for numerous additional crimes committed across the San Francisco Bay area, the Santa Clara County Sheriff's Office revea...

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Schools

Preschool matriarch steps down

Preschool matriarch steps down


Alicia Castro/Town Crier
Children’s Center Preschool Director Non Mead sits beside her granddaughter, Greta Germack, during Greta’s birthday celebration.

Non Mead is the quintessential grandmother. Wise and warm, she ties shoelaces with ...

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Community

No 'Love' for Facebook

No 'Love' for Facebook


COurtesy of TRU Love
Tru Love sent multiple messages to Facebook – and made calls to the media – before the company unlocked her account.

Tru Love’s name may be unusual, but she comes by it naturally.

If only Facebook saw it that way.

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Sports

Semi sweep

Semi sweep


Town Crier file photo
St. Francis High’s Steve Dinneen, rising up for the kill, posted 15 kills in Saturday’s CCS semifinal sweep of rival Bellarmine.

There was no letup in the Lancers. Although the St. Francis High boys volleyball team ...

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Comment

Statute of limitations: Haugh About That?

“I can’t believe he’d do this to me,” I cried hysterically. “After all we meant to each other.” Curling into a ball, torrential teenage tears melted my mascara as my entire world came crashing to an obliterated end...

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Special Sections

Cancer survivors march toward strength, hope via Relay For Life

Cancer survivors march toward strength, hope via Relay For Life


Alicia Castro/Town Crier
Cancer survivors Eileen Chun, left, and Marilyn Labetich build strength at Curves of Los Altos.

Two local women took steps toward cancer recovery by caring for themselves and celebrating alongside each other.

Eileen Chun and...

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Business

Repeat business: Répéter consignment celebrates 10 years on State Street

Repeat business: Répéter consignment celebrates 10 years on State Street


Megan V. Winslow/Town Crier
Kellee Breaux owns Répéter, the State Street women’s consignment boutique that celebrates a decade in business Saturday.

Kellee Breaux’s life is a triangle: The 36-year-old lives in Newark, teaches full time a...

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Books

People

EDITH MAY COOPER

EDITH MAY COOPER

September 20, 1908 – April 7, 2015

Edith Cooper died peacefully in her sleep on April 7th in Los Altos, California, at the age of 106, where she had been a resident for over 30 years.

She was predeceased by Frank, her husband and her 3 brothers B...

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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,” accord...

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Stepping Out

Bye bye 'Birds'

Bye bye 'Birds'


Ray Renati/Special to the Town Crier
“Birds of a Feather” stars Troy Johnson and Diane Tasca.

Pear Avenue Theatre’s world premiere of “Birds of a Feather” is set to run through Sunday in Mountain View.

The play is the third chapter in local pla...

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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

Civility Roundtable opens discussion on race, policing

With racially charged unrest shaking places like Ferguson, Mo., New York City and Baltimore, the Mountain View Human Relations Commission posed a question: “How can we prevent Ferguson from happening in Mountain View?”

Nearly 150 residen...

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Could the Dow hit 17,000 by year-end?

The Dow Jones industrial average and the S&P 500 continued their run up the mountain, hitting record highs last week. The Dow closed at 15,354 Friday, with several analysts predicting it could reach 17,000 by year’s end.

The risk of a correction remains high, however, and the percentage of New York Stock Exchange stocks trading above their 200-day moving average is up to 78 percent, a level that signals a higher-than-normal risk of a pullback.

Sentiment among investment newsletters and institutional investors is optimistic, with few at this time forecasting a setback.

A Barron’s contributor bullish on tech stocks recommended in the May 13 issue that investors consider purchasing three Town Crier “50” stocks: Microsoft Corp. (MFST), Intel Corp. (INTC) and IBM (IBM). All three companies boast a lower price-earnings ratio than the Dow average and show room for dividend growth.

Two companies on the Town Crier “50” made headlines last week.

• Cisco Systems Inc. (CSCO; $23.84) reported that its earnings per share increased 6 percent to 51 cents, excluding special items in the April quarter. The company’s third-quarter numbers beat Wall Street expectations, with profits up 15 percent and sales up 5 percent over last year.

CEO John Chambers said in a statement that the company was encouraged by the “slow but steady” economic environment.

“We are starting to see some good signs in the U.S. and other parts of the world,” he added.

Revenue climbed 5 percent to $12.22 billion on 5 percent growth for products and 7 percent growth for services. The results were in line with expectations and appear solid in the wake of rivals’ statements about challenging economic conditions.

Cisco shares rose to $22.27 after the quarterly-results release. Several analysts jumped on the bandwagon, upgrading the stock to “market perform.” Others deemed it a hold. The high target price for Cisco stock is $27.

• Safeway Inc. (SWY; $24.42), a Town Crier “50” stock because several of its executives live in the area, deserves a look. With a new store in Mountain View and a rebuilt market pending in Los Altos, the company’s local presence remains strong.

Safeway announced last week that it will increase its quarterly dividend by 14 percent and in July pay a dividend of 20 cents per share – up from 17.5 cents – to shareholders of record June 20. The stock boasts a 2.8 percent yield.

Safeway, which operates 1,641 grocery stores across North America, reported annual sales of $44.2 billion in 2012.

Despite the positive numbers, Goldman Sachs analysts recently rated Safeway a sell. According to one analyst, “We see a combination of secular and cyclical headwinds pressuring results vs. consensus estimates.”

Most analysts give Safeway an “underperform” rating, with a suggestion to hold or sell. The high target price is $30, and the low $14.

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