Sun03292015

Business & Real Estate

IKB Design wins award for remodel


Courtesy of IKB Design
Los Altos-based IKB Design earned a platinum award for a home remodel in Menlo Park, above.

The Los Altos-based IKB Design & Construction recently won a platinum award for a full house remodel in Menlo Park at the 2015 National Association of the Remodeling Industry Meta awards.

Scores were based on a set of criteria including problem solving, functionality, aesthetics, craftsmanship, innovation, degree of difficulty and presentation.

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As April 15 approaches, new IRS tool can help you find a tax preparer

The IRS has launched a new online public directory of tax-return preparers.

Taxpayers can use the tool – the Directory of Federal Tax Return Preparers with Credentials and Select Qualifications – to select a tax-return preparer with the credentials and qualifications they prefer.

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Los Altos scientist named Inventor of the Year

BIZ Inventor Showen in fmt
Alicia Castro/Town Crier
Robert Showen, above, the Silicon Valley Intellectual Property Lawyers Association’s Inventor of the Year, began researching his ShotSpotter technology in his Los Altos home. Sensors are placed around a city, below, and four or more consistent timings cue SST Inc. to notify police of gunfire.

The award-winning work of Robert Showen began on a grand piano.

Technically, it was on top of his piano. That’s where the Los Altos resident first used his computer to study the acoustics of gunshots. From his research, Showen founded ShotSpotter Inc., a gunfire alert and analysis company.

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Stock momentum still with the bulls

For now, market momentum is clearly with the bulls. As of Friday, the major averages were all up more than 5 percent, with the Standard & Poor's 500 index surpassing the 2,100 mark and sentiment rarely higher.

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Are stock prices poised for sustained drop?

Among the numerous economic and financial indicators that investment advisers use to predict future stock market performance, there is a pretty broad consensus that company profit margins, or earnings per share, are one of the better predictors. The challenge, of course, is the difficulty of predicting future profit margins. 

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Stock volatility still confusing

The market opened down more than 100 points Friday but by noon rose more than 130, the form of volatility that quickly draws investors’ attention. By week’s end, the Standard & Poor’s 500 index and the Dow Jones industrial average were on track to set all-time closing highs.

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Los Altos

2070 Robinhood Lane, Pue Trust to M. & M. Levenson for $1,800,000

67 Yerba Buena Avenue, Huang-Zhang Trust to C. Berner for $4,350,000

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