Fri02122016

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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Stocks slump after record high

After hitting a record high Jan. 15, the stock market headed lower on the heels of disappointing earnings reports from numerous corporations, several banks falling short of analysts’ expectations and a Goldman Sachs warning about rising stock market valuations.

It’s hard to determine what investors are doing with their stocks, because the advance-decline lines reflect a market moving sideways in 2014.

The weak start in the new year has raised concerns in some quarters about the market’s failure to hold the day’s results during the strong time of year – the volatility is worrisome. A few disappointing quarterly reports could lead to serious selling of individual portfolios.

Not many investors are panicking, but the slow start in January is prompting questions about whether this is the beginning of a long-awaited 10 percent correction, which hasn’t occurred since summer 2011.

According to an investment strategist at R.W. Baird & Co., “The loss of momentum in the opening weeks of 2014 can be explained by the fact that stocks entered January overbought and overbelieved, and, therefore, vulnerable to a changing environment.”

Even with the ups and downs, it’s the stock market’s best year since 1997, and investors may wonder which way to go in the future.

Money magazine recommended, “In 2014, think cash,” but not all analysts agree. The outlook for the stock market is positive and supported by moderately improving economic conditions and corporate earnings growth.

The best approach is to maintain a long-term view and consider adding stocks to your portfolio if they are appropriate to your mix of investments. The beginning of the year is the ideal time to review your long-term investment goals.

A major player on the Town Crier “50” made news last week.

Apple Inc. (AAPL; $554.25) continues to gain sales in the enterprise market. The company is projected to take 11 percent of global spending by governments and business on computers and tablets by 2015. Research firm Forrester Research reported that the number is up from 8 percent in 2012 and 1 percent in 2009 but does not include iPhone sales.

China Mobile revealed that the iPhone preorders that began Dec. 25 have topped 1.2 million for the 5c and 5s models.

“This is a watershed day for Apple,” said Apple CEO Tim Cook in a joint interview with China Mobile Chairman Xi Guohua. “I’m so honored to be doing business with Chairman Xi and China Mobile.”

Apple built a base of support during the course of 2013 and is still trending positive. Several analysts project the stock to reach $600 a share, perhaps even $630, noting that the 50-day moving average exceeds the 200-day moving average.

For the first quarter of 2014, Apple provided guidance of revenue between $55 billion and $58 billion, a gross margin between 36.5 and 37.5 percent and expenses between $4.4 billion and $4.5 billion.

Investors are looking for a new product from Apple in 2014. Without a new product, the stock price will drop, as it has in previous years.

Among the 49 brokers touting Apple stock, most deem it a strong buy or a buy, with only one recommending a sell. The stock’s high target price is $777, with a low of $270.

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

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