Thu04242014

News

Paws-itively  ready for  disaster

Paws-itively ready for disaster


Dozens of local residents participated in the Pet Ready! program, which included first-aid tips for animals from Adobe Animal Hospital veterinarian Dr. Cristi Blackwolf, above right. Girl Scouts Rachel Torgunrud, above left, in purple of Sunnyv...

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Schools

Local students earn honors at Tech Challenge

Local students earn honors at Tech Challenge


Courtesy of Ann Hepenstal
Gardner Bullis School’s Tech Challenge Team “Fantastic V,” above, recently showed their project at the school’s STEM Expo. Teammates, from left, Brandon Son, Will Hooper, George Weale, Tripp Crissma...

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Community

Merchants, maypoles, music: Farmers' Market season launches May 1

Merchants, maypoles, music: Farmers' Market season launches May 1


Town Crier File Photo
Visitors examine the fresh produce on display at last year’s Downtown Los Altos Farmers’ Market.

It wouldn’t be spring without the return of the Downtown Los Altos Farmers’ Market May 1. The Los Altos Village Association sp...

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Sports

LA tops MV behind Beutter's big day

LA tops MV behind Beutter's big day


Ellie Van Houtte/Town Crier
Los Altos High pitcher Lizzie Beutter went the distance to earn the win against Mountain View.

The number of Los Altos High hits and Mountain View High errors may be in dispute, but there’s no debating which softball ...

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Comment

Enlightened California: No Shoes, Please

I recently read a newspaper article about the newly adopted sex-education curriculum in the state of Mississippi. In the city of Oxford, the following exercise is included: Students pass around a Peppermint Patty chocolate and observe how spoiled it ...

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Business

Cobblery makes short move next door: Longtime business relocating to State Street in May

Cobblery makes short move next door: Longtime business relocating to State Street in May


Ellie Van Houtte/Town Crier
European Cobblery owner Paul Roth is relocating his business from 201 First St., above, to 385 State St. in May.

The European Cobblery, a family-owned and -operated shoe store, is relocating to a new home just a f...

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Books

Local Author Spotlight

In an effort to support authors from Los Altos, Los Altos Hills and Mountain View, many self-published, Book Buzz periodically spotlights their books and offers information on where to purchase them. Local authors are encouraged to submit brief summa...

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People

'Champions for Youth' announced

Challenge Team will honor Mountain View Police Chief Scott Vermeer as “Champion for Youth” at the nonprofit organization’s annual fundraising breakfast, scheduled 7 a.m. May 7 at Michaels at Shoreline, 2960 N. Shoreline Blvd., Mountain View.

Lauren ...

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Travel

When tackling taxi trouble, just sit back and enjoy the ride

To park and fly or to go by taxi? – that was the question.

Either I could pay approximately $10 a day for long-term parking near Mineta San Jose International Airport and take a shuttle bus to the terminal or I could call a cab or airport coach – ap...

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Stepping Out

Last go-round for 'Hound'

Last go-round for 'Hound'


Tracy Martin/Special to the Town Crier
The actors in “The Hound of the Baskervilles” – from left, Darren Bridgett, Ron Campbell and Michael Gene Sullivan – take on dozens of roles.

TheatreWorks is slated to present “The Hound of the Baskervilles...

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Spiritual Life

Magazine

A yoga class a day keeps the stress away

A yoga class a day keeps the stress away


Van Houtte/Town Crier Yoga of Los Altos hosts a variety of classes, including Strong Flow Vinyasa, above, taught by Doron Hanoch. Yin Yoga instructor Janya Wongsopa guides a student in the practice, below.

It’s nearly 9 a.m. on a Monday mornin...

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August proved bad news for market

With a rocky August in the rearview mirror, tensions in Syria pushing oil prices to their highest level this year and the Federal Reserve’s indecision on tapering off its bond-buying program, it’s time for investors to take stock.

U.S. stocks closed modestly higher Thursday as the economy began to show signs of improvement – even as the Syria disaster plays out. While many investors expect a U.S. military strike in the wake of Syria’s alleged poison-gas attacks, analysts do not fear a long-term impact on the market. Compared with other investments, many analysts still believe stocks are the only game in town and look beyond crisis in the Middle East.

Market bulls argue that valuations are still well below prior bull-market peaks and that company earnings and dividends are still rising. That data could also bolster the case for the Fed to wind down its stimulus program sooner.

Historically, August has never been an exciting month for the market. A failed attempt at new highs would suggest that the primary trend has turned bearish, but consumer sentiment is on the rise and investors are still in the game.

Town Crier “50” company Intuit Inc. (INTU; $63.57) trumpeted the launch of the Intuit QuickBooks Cloud ProAdvisor Program last week, which should be a boon for management solutions. The program is designed to help accounting professionals start and grow their practices using Intuit’s free leading online financial and employee solutions.

“The cloud is no longer a new concept,” said Louis Sanchez, director at Intuit. “It is a necessary platform for accounting professionals to leverage in order to launch their practices and meet clients’ needs.”

The Mountain View-based Intuit provides business and financial solutions for small businesses, consumers and accounting professionals. Founded in 1983, the company sells its products and services via various sales and distribution channels. Most consumers are aware of Quicken’s line of desktop software products that reconcile bank accounts, pay bills and track investments. TurboTax, Intuit’s flagship product, is a familiar interface for users during tax season.

The company released its fiscal fourth-quarter results last week, and the numbers failed to impress analysts. On an adjusted basis, the company broke even on a per-share basis. Revenue grew 12 percent to $634 million.

Intuit’s upgrade and downgrade history has varied, with most analysts deeming the stock a hold. The mean target price is $68.53, with a high of $80.

Looking ahead

Projections from research firm International Data Corp. last week may herald trouble for three Town Crier “50” companies.

The future for personal-computer makers and component suppliers grows bleaker – IDC cut its unit-shipment forecasts for the computer tech sector.

IDC predicted that worldwide PC shipments would fall by 9.7 percent in 2013 and 2 percent in 2014. After 2015, the company forecasts single-digit growth.

The PC market is experiencing its longest market contraction on record, largely because customers are purchasing tablets and smartphones rather than replacing their PCs. IDC projects that 315 million PCs will be shipped this year, compared with 349 million in 2012.

The forecast is bad news for Hewlett-Packard Co. (HPQ; $22.35). In the second quarter, China-based Lenovo rose to the No. 1 PC vendor ranking, pushing HP to No. 2.

Intel Corp. (INTC; $22.02) continues to focus aggressively on mobile products to offset pressure from declining computer and chip sales.

Microsoft Corp. (MSFT; $33.40) is in talks to buy stakes in other companies to compensate for problems after the release of Windows 8.

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