Thu02112016

News

SPLAT targets data, outreach as airplane noise continues

SPLAT targets data, outreach as airplane noise continues


Graphic courtesy of Don Gardner
Activists claim that a new SFO flight path leaves a “sound shadow” that impacts Los Altos and Los Altos Hills.

Sky Posse Los Altos Team – more simply known as SPLAT – seeks to squelch the noise...

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Schools

Los Altos High student-run charity plans '5 Gallon Gala'

Los Altos High student-run charity plans '5 Gallon Gala'


Courtesy of Lia Evard
Water by Youth members gave Egan students a chance to carry a 40-pound Jerry can, to see how difficult it is to obtain water in developing nations.

Water by Youth, a club at Los Altos High School, is making a splash by pla...

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Community

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage


Courtesy of Alicia Madden
Sales of local Girl Scout cookies support service projects, such as funding an orphanage in the village of Mto wa Mbu in Tanzania.

Girl Scout cookies – whether you think of them as a treat, a tradition or a diet comp...

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Sports

Scoreless spells sink LA boys

Scoreless spells sink LA boys


Megan V. Winslow/Town Crier
Los Altos High point guard Nolan Brennan attempts a shot in Friday’s game versus Palo Alto. He scored eight points in the loss.

There have been several games this season in which the Los Altos High boys basketball t...

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Comment

New 'York' values

New 'York' values


Hughes

 

As we have witnessed California suffer through one of its worst droughts in history over the past few years, all of us, I’m sure, have been keenly aware of our surroundings and have done a small part in trying to conserve wa...

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Special Sections

Getting a charge  out of the Volt

Getting a charge out of the Volt


Courtesy of Chevrolet
The 2016 Chevrolet Volt can be driven up to 50 miles on the power stored in its batteries.

Just five years ago, we wondered in this column what the power supply would be for the car of the future. Gasoline, diesel, electric ba...

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Business

Nearing V-Day: Shops stock sweets, treats

Nearing V-Day: Shops stock sweets, treats


Megan V. Winslow/Town Crier
Los Altos resident Ella Roosakos, 11, with her mother, Gail, puzzles over which Gourmet Works sweets to buy as a valentine for Ella’s friend.

The gift-buying rush isn’t exclusive to Christmas. It may jump over...

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People

ALAN RODNEY MILLS

ALAN RODNEY MILLS

Alan Rodney Mills, PhD, 83, of Los Altos passed away peacefully on Saturday, January 30th, 2016. He was born in Rochdale, England in 1933 and came to California in 1962. He was a proud alumni of Manchester Grammar in England, University of Liverpoo...

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Stepping Out

PYT 'Gets Famous'

PYT 'Gets Famous'


Lyn Flaim Healy/Spotlight Moments Photography
Renee Vetter of Palo Alto, left, and Megan Foreman of Los Altos star in Peninsula Youth Theatre’s “Judy Moody Gets Famous.” Performances are scheduled Friday and Saturday.

Peninsula...

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Spiritual Life

A time to prepare: Fasting for Lent isn't limited to food

 

Today is Ash Wednesday, which in the Christian calendar marks the beginning of Lent – the 40 days of preparation for Resurrection Sunday, otherwise known as Easter.

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Inside Mountain View

New right-to-lease ordinance promises relief for renters

New right-to-lease ordinance promises relief for renters


Mountain View Tenants Coalition/Facebook
Residents gather in the fall to protest Mountain View’s rising rents. Rent relief is on the way in the form of a new ordinance.

A controversial Mountain View law requiring landlords to provide lease opt...

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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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