Sat04182015

News

Car breaks through glass door, closes Trader Joe’s for the day

Car breaks through glass door, closes Trader Joe’s for the day

Alicia Castro/Town Crier
Trader Joe's employees survey the damage after a car smashed through the glass doorway earlier today.

Trader Joe’s on Homestead Road is closed for the remainder of the day (April 17) after a car barreled through the glas...

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Schools

Pinewood student writes book about living with autism

Pinewood student writes book about living with autism


Traci Newell/Town Crier
Pinewood School senior Georgia Lyon wrote and illustrated “How to Be Human: Diary of an Autistic Girl” in 2013.

Although first published under a pseudonym, Pinewood School student Georgia Lyon is stepping out to ...

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Community

Sale offers opportunity to 'discover' jewels, fight cancer

Sale offers opportunity to 'discover' jewels, fight cancer

Volunteers and staff at the American Cancer Society's Discovery Shop in downtown Los Altos urge shoppers to "Be A Gem, Buy A Jewel" during the shop's special sale this Friday (April 17) and Saturday (April 18).

The sale is an opportunity to find Mot...

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Comment

Editorial: Let's assume not to presume

Two recent downtown Los Altos stories offer lessons in the drawbacks of jumping to conclusions.

A few months back, the Town Crier published an article on Ladera Autoworks on First Street closing its doors. That part was true, but the reason was not....

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Special Sections

Fitness focus: No holds barred for Los Altos sisters

Fitness focus: No holds barred for Los Altos sisters


Photos Courtesy of Barre 3
Gillian Brotherson, kneeling at left, guides studio instructors through a workout at barre3 Los Altos.

Health is all about balance. That’s what two Los Altos natives learned as they navigated work, motherhood and welln...

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Business

Steinway gallery brings pianos, musicians to downtown Los Altos

Steinway gallery brings pianos, musicians to downtown Los Altos


Alicia Castro/Town Crier
Chrissy Huang, manager of Steinway Piano Gallery in Los Altos, showcases Steinway & Sons’ signature instruments. The gallery plans to host concerts with performers tickling the ivories.

A new downtown Los Altos bus...

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Books

'Pope Joan' Book weaves tale around legend of female pontiff

'Pope Joan' Book weaves tale around legend of female pontiff


The idea that there may have a female pope at one time in history has generated much speculation throughout the centuries. “Pope Joan” (Crown, 1996) by Donna Woolfolk Cross, does not answer the question; rather, the author has created a detai...

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People

GREG STAHLER

GREG STAHLER

Greg Stahler died unexpecdly in his home in Belmont on March 26, 2015. (He was born in Mountain View on June 23, 1972). He will really be missed by three beautiful young children, Haley 7, Hannah 5, and Tyler 3, and his wife Kathryn. He will also b...

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Travel

Cuba libre: Local residents join mad rush of travelers

Cuba libre: Local residents join mad rush of travelers


Natalie Elefant/Special to the Town Crier
Los Altos resident Natalie Elefant noted the vibrant street performances as a traveler in Cuba.

The U.S. restored diplomatic relations with Cuba late last year, enabling Americans to import $100 worth of cig...

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Stepping Out

'Those Darn Squirrels' invading Mountain View

'Those Darn Squirrels' invading Mountain View


Courtesy of Lyn Flaim Healy/ Spotlight Moments Photography
Noelle Merino stars in Peninsula Youth Theatre’s “Those Darn Squirrels.”

The Peninsula Youth Theatre’s world premiere adaptation of “Those Darn Squirrels” is scheduled Friday and Saturda...

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Spiritual Life

Magazine

Food for thought: Hidden Villa programs offer teens training in sustainability on the farm

Food for thought: Hidden Villa programs offer teens training in sustainability on the farm


/Town Crier It’s not all cute and cuddly for teens participating in the eight-week Animal Husbandry Apprenticeship program at Hidden Villa in Los Altos Hills. Mia Mosing of Palo Alto, left, and Sophia Jackson of Los Altos clean the pigpens – one of...

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Inside Mountain View

Home for disabled youth yields greener pastures

Home for disabled youth yields greener pastures


Alicia Castro/Town Crier
Green Pastures staff member JP Mercada, below right, helps Tommy, who lives at the group home, sort through papers and organize his room.

Tucked in the corner of a quiet residential cul-de-sac in Mountain View, Green Pastur...

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The market is bucking like a bronco

With the stock market down again last week as January came to a close, it set the tone for the Year of the Horse, which could be a contrary and unpredictable year. It will certainly be a volatile and bucking year for the horse.

Since World War II, when the market is down in January, the average usually remains flat in the following 11 months. This trend runs counter to many analysts’ forecasts this year, which predict that the market will rise by the end of 2014.

While the decline is a correction in an ongoing bull market, the sharpness of the drop raises questions for the bulls: How much further will the market drop? and What should I do now?

Holding some ready cash on the sidelines is not a bad idea. If you need extra cash in the future to weather a storm, raise it now, but don’t stop looking for new buying opportunities.

Two Town Crier “50” stocks recently announced their quarterly results.

• Yahoo Inc. (YHOO; $34.80) reported last week that it beat expected earnings for the latest quarter. CEO Marissa Mayer said the company has finally regained its stride, but the revenue is not where she wants it.

Yahoo reported $348 million in profit, or 33 cents per share for the quarter ending Dec 31, up 28 percent from a year earlier. But revenue fell from $1.35 billion to $1.26 billion, dropping 6 percent in the fourth quarter, the same rate of decline as the rest of 2013, primarily because sales decreased in the advertisement segment.

Yahoo’s earnings are on the rise under Mayer’s leadership because of cost-cutting measures and investments in two Asian Internet companies. The income from the Asian investments accounted for nearly two-thirds of the company’s earnings for the quarter.

Mayer explained that the hiring of executive Henrique de Castro had not produced an improvement in Yahoo’s ad business, which contributed to his departure. The company has no plans to replace him. Mayer also introduced new ad programs and said she would become more involved in the company’s ad business.

Most analysts downgraded Yahoo stock from a buy to a hold, with a single analyst upgrading it to a buy. The median target price is $40, with a high of $52.

• Symantec Corp. (SYMC; $20.74) Jan. 29 announced a 5 percent drop in quarterly revenue, attributed to the worldwide decline in personal computer sales. After the bell, the shares lost 3 percent and fell to $23.72 in extended trading and continued to fall Thursday.

The fiscal fourth quarter recorded sales of $1.62 billion, though analysts had projected $1.64 billion. Symantec faces increasing competition from FireEye Inc. and Palo Alto Networks. The market for security software and equipment should increase 9.1 percent to $71.7 billion, according to researcher Gartner Inc.

The Mountain View-based company reported that its net income in the fiscal third quarter rose 31 percent to $283 billion, or 40 cents per share, from $216 billion, or 31 cents per share previously.

President and CEO Steve Bennett cut approximately 1,000 jobs last year and reorganized the sales division to focus on new business and eliminate old products.

He said the company plans to revamp its product portfolio with a new product delivery that would extend into the cloud infrastructure platform and global security network.

Analysts’ upgrade and downgrade history has been scant, with numerous reporting Symantec as a market-perform stock. The median target price is $26, with a high of $33.

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

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