Fri12192014

News

Council seeks more options for community center

Council seeks more options for community center


Town Crier File Photo
The Los Altos City Council approved an appropriation to examine options for a new community center to replace the aging Hillview facility.

The Los Altos City Council last week voted narrowly in favor of examining further opti...

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Schools

Local schools participate in  national Hour of Code activities

Local schools participate in national Hour of Code activities


Ellie Van HOutte/Town Crier
Himan Shu Raj, a volunteer from Microsoft, advises Los Altos High ninth-graders, from left, Serhat Suzer, Jamie Bennett and Chris Yang as they participate in the school’s Hour of Code Showcase.

Local schools participa...

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Community

Take a dive into the holiday archive

Take a dive into the holiday archive

Town Crier staff made a quick cruise back through the newspaper's archives to find some late-December reading as inspiration for eating, drinking, decorating and more:

Beloved holiday books build the spirit of the season and staff at Los Altos’ Li...

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Sports

Pinewood poised for another title run

Pinewood poised for another title run


Ellie Van Houtte/Town Crier
Pinewood’s girls basketball team is receiving contributions from several new players, including freshman Stella Kailahi, above.

Complacency shouldn’t be a problem for the defending Division V state champion Pinewood S...

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Comment

Letters to the Editor

Ticket motorists for U-turns on Main Street

As I was walking downtown on Main Street recently, something came to me out of the blue. The town of Los Altos is missing out on a huge revenue stream. I realized that if all the cars – there were th...

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Special Sections

Looking Ahead

Looking Ahead


s in line to be mayor of Mountain View in 2015.

Mountain View anticipates the following changes in 2015:

• Beginning Jan. 1, Mountain View City Councilmembers will receive a raise to $1,000 per month as a result of the passage of Measure A in...

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Business

Your 2015 stock market game plan

It’s been a maddening month because of oil and gas, especially in stocks and bonds. Then, consumer spending pushed stocks higher Thursday, easing investors’ jitters about the global economy and prompting them to consider how to invest in ...

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Books

Gawande's

Gawande's "Being Mortal" proves an important book on aging


Books about death and dying are usually not on my list of “must reads.”

I couldn’t resist, however, the best-selling “Being Mortal: Medicine and What Matters in the End” (Metropolitan Books, 2014) by Atul Gawande.

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People

SANGEETA SACHDEVA

SANGEETA SACHDEVA

Sangeeta Sachdeva, 55, wife of Subhash Sachdeva and mother to Natasha and Tanya, died at 8:54pm, Sunday, December 7, 2014 from respiratory failure.

Sangeeta was born on October 18, 1959 in Delhi, India. She was born to Moti Sagar and Raj Kapoor an...

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Travel

South Tahoe renovations enhance off-mountain seasonal fun

As any enthusiast knows well, there is more to the enjoyment of winter sports than skiing or snowboarding.

While many winter resorts make minor upgrades each season, the off-mountain attractions and amenities can be as enticing as the activities on ...

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Stepping Out

Aurora Singers to emit 'Musical Glow' Friday

Aurora Singers to emit 'Musical Glow' Friday


courtesy of Aurora Singers
The Aurora Singers are scheduled to perform a seasonal concert Friday night in Palo Alto.

The Aurora Singers’ “Winter’s Musical Glow” holiday concert is set for 7 p.m. Friday at the Unitarian Universalist Church of Pal...

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Spiritual Life

Enter the superhero: Finding the God who loves you

In my life-coaching practice, I see a lot of pain. Much of it stems from fear and guilt, often expressed as low self-esteem, anxiety, a lack of forgiveness both for oneself and others, anger – and so on.

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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Prepare for more stock volatility

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With the stock market down more than 450 points as we enter the final week before the presidential election, it’s interesting to recall that the Dow Jones Industrial Average was dropping quickly when John McCain was the Republican nominee four years ago.

When President Barack Obama was inaugurated Jan. 20, 2009, the Dow Jones Industrials registered slightly below 8,000. The market had experienced a one-day drop of 778 points the previous September, followed by three more big drops in October.

Today, concerns over disappointing earnings and economic worries in Europe could lead to the same type of volatility.

The “fiscal cliff” looms, with spending cuts and tax increases of up to $600 billion awaiting lawmakers in January. Many corporations have postponed their investment spending until Congress resolves the situation.

Investors should not expect to avoid disappointment in this economic environment, but they could tip the odds in their favor by purchasing stocks with sales momentum, improving profit margins and reasonable valuations.

The latest news on two Town Crier “50” stocks:

• Apple (AAPL; $604:00) announced its quarterly earnings Thursday, missing the forecast and falling short of estimates. For the fiscal quarter, Apple reported earnings of $11.75 a share on $52 billion in revenue. Analysts expected earnings of $15.43 a share on $55 billion.

Apple priced its much-anticipated iPad mini at $329, well above the $199 of similar-sized tablets offered by Amazon and Google. While some analysts worry about the price differential, Apple has previously succeeded at selling products at a premium compared with rival offerings. However, only 14 million iPad minis have been sold, below forecasts.

Analysts still consider Apple stock both a short- and long-term buy.

• Facebook Inc. (FB; $21.94) experienced its largest one-day gain last week, with the stock closing at $23.23, up 19 percent for the day but still a long way from its initial offering of $38. Revenue for the third quarter totaled $1.26 billion, a $325 million increase, compared with $954 million in the third quarter of 2011. As of Sept. 30, the company’s cash and marketable securities totaled $10.5 billion.

The improvement in Facebook stock’s performance is likely attributable to burgeoning sales in the mobile advertising market. Approximately $150 million resulted from Facebook ads appearing on mobile devices.

Employees and investors Monday became eligible to sell nearly 234 million shares of stock they’ve had to hold because of trading restrictions. Another 700 million shares will be unlocked Nov. 14. The increase in stock sales could cause the price to drop again. After the sell-off, the stock price should increase.

Analysts aren’t in unison when it comes to Facebook stock – a few recommend selling, but most suggest holding on, expecting the price to rise.

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