Sat11222014

News

First St. closure set for Saturday

First Street in downtown Los Altos will be closed Saturday (Nov. 22) between West Edith Avenue and Shasta Street for street paving. The closure is scheduled from 7 a.m. to 7 p.m. In the event of poor weather, the work will be rescheduled for a later ...

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Schools

Scientists bring experiments into MV classrooms

Scientists bring experiments into MV classrooms


Ellie Van Houtte/Town Crier
During a Science is Learning geology lesson, Theuerkauf Elementary School students learn about igneous rocks by observing how sugar changes form when heated.

Hundreds of local elementary students perform experiments w...

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Community

Local actors star in PYT's 'Oklahoma!'

Local actors star in PYT's 'Oklahoma!'


Courtesy of Peninsula Youth Theatre
PYT’s “Oklahoma!” features, from left, David Peters of Mountain View, Jenna Levere of Los Altos and Kai Wessel of Mountain View.

Time is running out to catch Peninsula Youth Theatre’s production of “Oklahoma!”...

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Sports

Eagles advance

Eagles advance


Ellie Van Houtte/Town Crier
Los Altos High’s Carmen Annevelink, left, and Kristen Liu put up a block against Mountain View. Annevelink totaled 20 kills.

Mountain View High’s out-of-the-gate energy could last for only so long against rival and he...

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Comment

Coping with addictions: Haugh About That?

Preparing to deal with my lifelong addiction, I stood in front of the mirror ready to confess the shame I’d been hiding. The first step to healing, I reminded myself, is to admit something is wrong.

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Special Sections

NASA, Google agreement preserves Hangar One

NASA, Google agreement preserves Hangar One


Bruce Barton/Town Crier
Hangar One, pictured here last January, will be restored under an agreement between Google and NASA.

NASA and Google Inc. forged an agreement last week that allows Google to lease a portion of NASA’s historic Moffett Fede...

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Business

State Street science center closing Nov. 30

State Street science center closing Nov. 30


Ellie Van Houtte/
Helix at 316 State St. is closing after the completion of a one-year grant from Passerelle Investment Co. The science center became a popular destination because of its various exhibits. Town Crier

A popular downtown destination...

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Books

Children's author signs books at Linden Tree

Children's author signs books at Linden Tree


Author Tiffany Papageorge is scheduled to sign copies of new her book 11 a.m. Dec. 6 at Linden Tree Books, 265 State St., Los Altos.

Papageorge’s “My Yellow Balloon” (Minoan Moon, 2014) is a Mom’s Choice “Gold” winner. In the book, the Los Gat...

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People

JAMES WINDELL SMITH

JAMES WINDELL SMITH

January 11, 1939 – November 6, 2014
Resident of Mountain View

James Windell Smith, a 40 year resident of Los Altos, passed away from complications after a post-surgery stroke November 6th, 2014 in Los Gatos, California.

Born on January 11, 1939 on...

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Travel

Olive Sonoma: There's more to the quaint town than wine

Olive Sonoma: There's more to the quaint town than wine


Eren Göknar/ Special to the Town Crier
While many day-trippers may think that Sonoma is all about the grapes, the region boasts other delights. Try a biplane ride over the patchwork landscape.

Sonoma, a scenic two-hour drive from Los Altos, boa...

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Stepping Out

LA Stage Company opens 'Fairway'

The Los Altos Stage Company production of Ken Ludwig’s new comedy “The Fox on the Fairway” is slated to run Thursday through Dec. 14 at Bus Barn Theater, 97 Hillview Ave.

A tribute to the English farces of the 1930s and 1940s, “Fox” is a romp that p...

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Spiritual Life

Author of Jewish historical novel slated at Congregation Beth Am

Author of Jewish historical novel slated at Congregation Beth Am


The Beth Am Women have scheduled “A Conversation with Author Maggie Anton” 7:30 p.m. Nov. 20 at Congregation Beth Am, 26790 Arastradero Road, Los Altos Hills.

Anton, winner of the 2012 National Jewish Book Award for Fiction, will discu...

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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Rising market tide lifts all boats

Investors have enjoyed an incredible market run, with the S&P 500 and the Dow Jones industrial average rocketing to new highs on a broad rally that resembles a rising tide that lifts all boats. As of Friday, bullish investors were happy, largely thanks to the Federal Reserve’s unexpected decision to continue its stimulus program.

The outlook isn’t totally rosy, though, as Republicans play hardball with threats of an imminent government shutdown. With decisions on the Affordable Care Act, the budget and the debt ceiling looming, the market is likely to react with uncertainty in coming weeks.

Given the record rallies, however, investors should maintain a nearly full posture, looking for stocks with established value.

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

• Oracle Corp. (ORCL; $34.09) reported first-quarter earnings of $2.19 billion, beating expectations and topping the previous year’s first-quarter earnings by 8 percent.

Revenues of $8.37 billion resulted in a profit of 47 cents per share. The results exceeded the expectations of numerous analysts, who had anticipated 44 cents per share.

The Redwood City-based company faces reduced global demand for information technology and must battle smaller companies that provide software online. Oracle’s software licenses and cloud subscriptions rose 5 percent, but its hardware sales fell 13 percent year-over-year.

Oracle’s days as a tech behemoth may be in the past, as cloud computing continues to take a large bite out of the old-style firms.

Oracle’s recent upgrade and downgrade history is favorable, with numerous analysts rating its stock an outperform or a buy. The median target price is $36, with a high of $43.

• Electronic Arts Inc. (EA; $26.44) last week appointed Andrew Wilson its new CEO. He has been with Electronic Arts since 2000 and served as executive vice president of EA Sports since 2011.

The move comes six months after former CEO John Riccitiello resigned after six years as CEO and COO. In his resignation letter, he cited “the shortcomings in our financial results this year.”

In a letter posted on the company’s website, Wilson said he envisions Electronic Arts as the “world’s greatest games company” but added that “we have plenty of work ahead to ensure our collective success.”

Wilson will receive an annual base salary of $800,000, with a target bonus of $1.2 million, or 150 percent of his salary.

Electronic Arts’ upgrade and downgrade history has taken a positive turn, with analysts’ lately deeming its stock a buy or accumulate. The mean target price is $28, with a high of $31.

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