Sat04302016

News

Loyola Corners economics, traffic rise to top of planning concerns

Loyola Corners economics, traffic rise to top of planning concerns

Alicia Castro/Town Crier
Loyola Bridge construction parallel to the Fremont Avenue frontage may lead officials to alter circulation plans for the area.

Loyola Corners stakeholders last week mulled the issues that will likely shape the area&rsquo...

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Schools

LAHS Green Team commemorates Earth Week

LAHS Green Team commemorates Earth Week


Traci Newell/Town Crier
Los Altos High School Green Team members, above, quiz their classmates about water conservation. The club distributed plants as prizes during the club’s Earth Week activities.

Members of the Los Altos High School Green...

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Community

Local pianist, 11, slated to perform Saturday at statewide competition

Local pianist, 11, slated to perform Saturday at statewide competition


Courtesy of the Cha family
Spencer Cha plays piano at a Santa Clara University recital. The sixth-grader also enjoys soccer, tennis, golf and skiing.

Spencer Cha has come a long way since he first sat down at the piano at age 2.

“I remem...

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Sports

Spartans net second place, eye top prize next season

Spartans net second place, eye top prize next season


Megan V. Winslow/Town Crier
Jeremy Hsu, Mountain View High’s top singles player, competes against Pinewood Thursday. The Spartans won the match 7-0.

With freshmen playing the top three spots in singles, the future of the Mountain View High boy...

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Comment

Los Altos at a leadership crossroads: Editorial

Don’t look now, but there could be some major changes ahead regarding how the Los Altos city government is run.

The current city council has the opportunity to hire a new city manager in the wake of Marcia Somers’ recent resignation. Fur...

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Special Sections

How to personalize the wedding bar

How to personalize the wedding bar


Christine Moore/Special to the Town Crier
A seasonal signature cocktail adds interest beyond the standard wedding bar’s spirits and mixers. Focus on one set of fresh ingredients, such as blueberries, blackberries and mint for a dose of budget...

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Business

Farmers prepare to market season's bounty

Farmers prepare to market season's bounty


Alicia Castro/Town Crier
Journeyman farmer Jen Friedlander waters Hidden Villa’s greenhouse plants, which will grow stronger in the controlled indoor environment before being transferred to the field outdoors.

Around Hidden Villa, the gree...

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People

BUOL JOANNE DOUGHERTY

BUOL JOANNE DOUGHERTY

1930-2016

Heaven gained a beautiful angel today. Our beloved mother’s blessed life ended in her Los Altos home surrounded by her loving family on April 18, 2016.

Buol Joanne Dougherty was born Sept. 28, 1930 in Chicago. At the age of two, M...

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Stepping Out

'Catch' comes to conclusion LA Stage Co. comedy  ends run this weekend

'Catch' comes to conclusion LA Stage Co. comedy ends run this weekend


Richard Mayer/Special to the Town Crier
Bryan Moriarty, left, stars as Yossarian and John Stephen King plays the Psychiatrist in Los Altos Stage Company’s “Catch-22.”

Los Altos Stage Company’s presentation of “Catch...

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Spiritual Life

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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