Fri07032015

News

Effective today, library cards free again in Los Altos

Both Los Altos libraries should see a spike in use soon. After the elimination of an $80 annual card fee that had been in place since 2011, nonresidents will receive free library cards at local libraries, effective today.

Residents of Mountain View ...

Read more:

Loading...

Schools

Almond fifth-graders set sail at Shoreline

Almond fifth-graders set sail at Shoreline


Courtesy of Corinne Finegan Machatzke
Fifth- graders at Almond School launched the boats they designed and built at Shoreline Lake last month.

Almond School fifth-graders boarded their handmade boats at Shoreline Lake in Mountain View last month to...

Read more:

Loading...

Community

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'


Courtesy of Charles Alley
Charles Alley’s filmmaking company may be based in Mountain View, but he knows all about “The Streets of San Francisco.” He’s rebooting the 1970s TV classic.

When people look for the next hit TV show, they often assume ...

Read more:

Loading...

Sports

Enjoying the moment


Courtesy of Dick D’OlivA
Former Golden State Warriors trainer Dick D’Oliva, from left, wife Vi, former Warriors assistant coach Joe Roberts and wife Celia ride on a cable car in the victory parade.

Dick D’Oliva almost couldn’...

Read more:

Loading...

Comment

The death knell of suburbia: A Piece of My Mind

The orchards are gone. The single-story ranch house is seen as a waste of valuable land and air space. An eight-lane freeway thunders past the bridle paths in Los Altos Hills. But nothing has signaled the death of suburbia more strongly than the ann...

Read more:

Loading...

Special Sections

While competent & safe, MKC still can't catch European competitors

While competent & safe, MKC still can't catch European competitors


courtesy of Ford
The 2015 Lincoln MKC doesn’t overwhelm as far as overall performance goes, but it does offer comfortable ride quality.

Of all the auto companies with headquarters in the United States, only Ford managed to weather the great re...

Read more:

Loading...

Business

Company installs EV charging stations at LAHS

Company installs EV charging stations at LAHS


Courtesy of Green Charge
Officials from Los Altos, Los Altos Hills and the Mountain View Los Altos Union High School District celebrate the installation of electric-vehicle charging stations at Los Altos High last week.

The Mountain View Los Alto...

Read more:

Loading...

Books

People

HILDA CLAIRE FENTON

Hilda Claire Fenton, beloved wife and mom to 9, grandmother to 30 and great grandmother to 22, passed away June 20 following a long illness. She was 90.

Hilda was born Sept. 28, 1924, to Lois and Gus Farley then of Logan, W. Va. While she was still ...

Read more:

Loading...

Travel

Venetian spa offers ways to de-stress

Venetian spa offers ways to de-stress


Courtesy of The VEnetian
The HydroSpa in the Canyon Ranch SpaClub at The Venetian in Las Vegas offers a muscle-relaxing bath and radiant lounge chairs.

Vegas cab drivers usually ask if you won or lost as soon as you get in their vehicles. They assum...

Read more:

Loading...

Stepping Out

Cast carries 'Arcadia'

Cast carries 'Arcadia'


Courtesy of Pear Avenue Theatre
“Arcadia” stars Monica Ammerman and Robert Sean Campbell.

The intimate setting of Mountain View’s Pear Avenue Theatre proves the perfect place to stage “Arcadia,” allowing audience members to feel as though they a...

Read more:

Loading...

Spiritual Life

Magazine

Living it up Older adults aim to age in place

Living it up Older adults aim to age in place


Megan V. Winslow/Town Crier
Local enthusiasts flock to the Los Altos Senior Center to play bocce ball. The center hosts informal games four days a week and occasional tournaments.

As baby boomers in Los Altos, Los Altos Hills and Mountain View nose...

Read more:

Loading...

Inside Mountain View

Carrying the torch

Carrying the torch


Members of the Mountain View Police Department carry the Special Olympics torch as they run along El Camino Real between Sunnyvale and Palo Alto June 18. Members of the department participate in the relay annually to show their support for Spec...

Read more:

Loading...

Consumer sentiment at nine-month low

One reason for optimism regarding corporate growth is the recent strength of economically sensitive stocks like Tesla Motors Inc. (TSLA) and Facebook Inc. (FB), both local corporate entities reaching all-time highs.

On a national level, there is overall concern because of a lack of excitement from the Dow Industrials, which have yet to close above their Sept. 18 all-time high of 15,676.94. A move above that level would confirm a bullish trend for investors.

The latest disappointing September jobs report and falling consumer sentiment for the future may help explain this hesitancy. The University of Michigan’s October consumer confidence rating fell 2 percent to 73.2, the lowest reading since December 2012.

One of the main reasons for the decline was the first federal government shutdown in 17 years, which undermined Americans’ outlook on the economy.

Sliding consumer confidence could affect holiday spending and the stock market, as the recent Congressional deal is only a temporary fix. Our federal government could provide us with renewed fiscal debates by the year’s end and into 2014.

Town Crier stocks of interest:

• Microsoft Corp. ($35.53; MSFT) surprised the market last Thursday with its quarterly profit and revenue forecasts. Revenue rose 16 percent to $18.5 billion while analysts had expected $17.8 billion.

First quarter sales posted a 17 percent increase in profit to $5.2 billion or 62 cents per share, up from $4.5 billion or 53 cents per share in the year-ago quarter.

Many analysts trimmed profit margins after Chief Executive Steve Ballmer announced his retirement and the company acquired Nokia’s handset business while the core computer business was decreasing.

Microsoft broke out sales of its Surface tablets for the first time, which doubled from the previous quarter. Surface tablet sales increased to $400 million due to rising interest in the smaller, discounted Surface RT model.

Chief financial officer Amy Hood said, “We look forward to our second quarter where our enterprise business will be strong and we are set for a fantastic holiday season with Surface, Xbox One and a host of devices from our partners.”

Recent upgrade and downgrade history has Microsoft in a downgrade phase from a buy to a hold. Mean target price is $35 and high target is $42.

• Cisco Systems Inc. ($22.51; CSCO) shares have dropped 14 percent since the company posted July quarter results in August and this recent drop disappointed cautious investors. Its share price remains nearly 75 per cent below its all-time high.

Price/earnings ratio, at about 15, is lower than the S&P 500 rating at 18 and this concerns investors. Cisco sells great routers, but is running into competition from cheap routers.

Last week Cisco announced its next “vision for collaboration,” which focuses on a modern workspace that enables workers to work smarter and allows teams to instantly connect and communicate.

Cisco suffers from weak trends in profit estimates and share-price action and has recently been downgraded by numerous analysts. For example, MKM Partners LLC downgraded the stock from a buy to neutral Oct. 16. Other analysts consider Cisco a buy and a long-term buy. High target price is $32.

Clyde Noel is a Los Altos Hills resident and a longtime stock investor.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos