Fri05222015

News

Hilltop robbery suspects implicated in crimes across Bay Area

Hilltop robbery suspects implicated in crimes across Bay Area

The three Oakland men arrested in connection to the May 11 home invasion robbery of a Hilltop Drive home are under investigation for numerous additional crimes committed across the San Francisco Bay area, the Santa Clara County Sheriff's Office revea...

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Schools

Preschool matriarch steps down

Preschool matriarch steps down


Alicia Castro/Town Crier
Children’s Center Preschool Director Non Mead sits beside her granddaughter, Greta Germack, during Greta’s birthday celebration.

Non Mead is the quintessential grandmother. Wise and warm, she ties shoelaces with ...

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Community

No 'Love' for Facebook

No 'Love' for Facebook


COurtesy of TRU Love
Tru Love sent multiple messages to Facebook – and made calls to the media – before the company unlocked her account.

Tru Love’s name may be unusual, but she comes by it naturally.

If only Facebook saw it that way.

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Sports

Semi sweep

Semi sweep


Town Crier file photo
St. Francis High’s Steve Dinneen, rising up for the kill, posted 15 kills in Saturday’s CCS semifinal sweep of rival Bellarmine.

There was no letup in the Lancers. Although the St. Francis High boys volleyball team ...

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Comment

Statute of limitations: Haugh About That?

“I can’t believe he’d do this to me,” I cried hysterically. “After all we meant to each other.” Curling into a ball, torrential teenage tears melted my mascara as my entire world came crashing to an obliterated end...

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Special Sections

Cancer survivors march toward strength, hope via Relay For Life

Cancer survivors march toward strength, hope via Relay For Life


Alicia Castro/Town Crier
Cancer survivors Eileen Chun, left, and Marilyn Labetich build strength at Curves of Los Altos.

Two local women took steps toward cancer recovery by caring for themselves and celebrating alongside each other.

Eileen Chun and...

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Business

Repeat business: Répéter consignment celebrates 10 years on State Street

Repeat business: Répéter consignment celebrates 10 years on State Street


Megan V. Winslow/Town Crier
Kellee Breaux owns Répéter, the State Street women’s consignment boutique that celebrates a decade in business Saturday.

Kellee Breaux’s life is a triangle: The 36-year-old lives in Newark, teaches full time a...

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Books

People

EDITH MAY COOPER

EDITH MAY COOPER

September 20, 1908 – April 7, 2015

Edith Cooper died peacefully in her sleep on April 7th in Los Altos, California, at the age of 106, where she had been a resident for over 30 years.

She was predeceased by Frank, her husband and her 3 brothers B...

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Travel

Flying south for the winter: Antarctica trips are not just for the birds

Flying south for the winter: Antarctica trips are not just for the birds


Photos Courtesy of Dave Hadden
Los Altos residents Dave and Joan Hadden watched the scenery from the large boat and a smaller Zodiac.

Standing on the beach with hundreds of thousands of penguins is “the experience of a lifetime,” accord...

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Stepping Out

Bye bye 'Birds'

Bye bye 'Birds'


Ray Renati/Special to the Town Crier
“Birds of a Feather” stars Troy Johnson and Diane Tasca.

Pear Avenue Theatre’s world premiere of “Birds of a Feather” is set to run through Sunday in Mountain View.

The play is the third chapter in local pla...

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Spiritual Life

Mercifully in His grip: Exploring our true position in Christ

I recently read a wonderful analogy about our true position in Christ. It was shockingly contrary to the messages impressed upon me in church, but deeply rooted in the Bible. The analogy is that of child and a parent. If you have ever taken a small ...

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Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

Civility Roundtable opens discussion on race, policing

With racially charged unrest shaking places like Ferguson, Mo., New York City and Baltimore, the Mountain View Human Relations Commission posed a question: “How can we prevent Ferguson from happening in Mountain View?”

Nearly 150 residen...

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Friday climb just fine for consumers

After a week of down days, the market climbed back Friday on the news of an upbeat November jobs report and a five-month rise in consumer confidence.

The Dow Jones industrial average reached an all-time high Nov. 27, and the primary trend has been bullish. Very few losers could be found on the Dow Friday at noon, with few components not in the shiny-green territory. The Dow hit a recent high of 16,174.50.

It appears that the market is becoming comfortable with the Federal Reserve’s decision to taper its bond-buying, a scenario that parallels a stronger economy. The 203,000 increase in payroll employment means a better economy, and that could bring on the taper sooner when the Federal Reserve meets later this month.

Many investors are still comfortable maintaining 95-99 percent of their equity holdings in stocks because there are still attractive stocks available. When that is no longer true and investors can’t find stocks to diversify, then it is time to reduce the stock exposure and sell some of the recent winners.

Two Town Crier “50” stocks issued quarterly reports recently.

• Hewlett-Packard Co. (HPQ; $27.30) reported fourth-quarter earnings last week that topped expectations. Sales declined in five of its business units, but the stock rose 8 percent after the report. This is good news for a turnaround company in a tough environment.

HP retook the No. 1 position in the worldwide server market with revenue of $3.4 billion and a 27.6 percent market share, but IBM should regain the honor when December results roll in.

Under CEO Meg Whitman, HP is attempting to shift into cloud computing, kiosk printing and tablet computers instead of other ventures that include computers and printers.

HP’s turnaround is more of a reinvention than a continuous efficiency drive. Whitman’s goal was to cut as many as 34,000 employees, and to date she has laid off 24,000, resulting in $9 billion in free cash flow.

Analysts consider HP stock a neutral, with some believing that the company is underperforming. The median price target is $28, with a high target of $32. HP stock goes for seven times earnings and yields a 2.1 percent dividend.

• Applied Materials Inc. (AMAT; $16.90) posted impressive fourth-quarter earnings at 19 cents, beating numerous analysts’ estimates by a penny, or 5.6 percent. Revenues were also strong, topping forecasts by 16.2 percent. The company reported revenue of $1.99 billion, up 20.8 percent year over year. The gross margin totaled 40 percent.

Applied Materials reports its revenue by segments, with the Silicon Systems Group (SSG), Display, Applied General Services (AGS) and Energy and Environmental Solutions (EES) segments. The largest segment was SSG with 63 percent of revenue, which was down 2.3 percent. AGS was up 8.2 percent with a 27 percent revenue share, and the Display segment rose 1.2 percent with a 75.3 percent year-over-year increase in revenue. The EES segment accounted for 2 percent of total revenue but fell 2.2 percent.

Approximately 70 percent of Applied Materials’ quarterly revenue comes from the Asia/Pacific region.

The PC market remains the problem, and Applied Materials is not the only company affected – Intel Corp. and Microsoft Corp. have experienced segment decreases because of the decline of the desk computer.

Analysts recently upgraded Applied Materials stock to a buy or an outperform. The median target price is $20, with a high of $23. The dividend yield is 2.30 percent.

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

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