Mon09012014

News

A flood of candidates seek seats on high school board

Two incumbents and five newcomers are vying for seats on the Mountain View Los Altos Union High School District Board of Trustees – a significant increase in the number of candidates who have run over the past 10 years.

According to data from the Sa...

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Schools

One more candidate joins MVLA race

When longtime incumbent Judy Hannemann declined to run again, the deadline to file for the upcoming Mountain View Los Altos Union High School District Board of Trustees election was extended by a few days. Mountain View resident Sanjay Dave registere...

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Community

CSA salutes 'Hometown Heroes' at breakfast

CSA salutes 'Hometown Heroes' at breakfast


Mendoza

The Community Services Agency’s 2014 “Hometown Heroes” fundraising breakfast is scheduled 7:15 a.m. Sept. 19 at the Computer History Museum, 1401 N. Shoreline Blvd., Mountain View.

“Hometown Heroes” honors individuals and businesses for...

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Sports

No suit, no sweat

No suit, no sweat


Courtesy of the Gallagher Family
Joe Gallagher – a 12-year-old from Los Altos Hills – swims from near Alcatraz Island to the San Francisco shore. His uncle, Joe Locke, an accomplished open-water swimmer, accompanied him.

For his recent s...

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Comment

Back to school, back to thumbs: Editorial

The kids are back in class at our local schools and a new political campaign season is underway, so we have our thumbs out and ready to go.

Thumbs-up: To last week’s community workshop for rebuilding the Los Altos Community Center. The Aug. 19...

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Business

Sweet Shop celebrates five-year anniversary

Sweet Shop celebrates five-year anniversary


Ellie Van Houtte/Town Crier
The Sweet Shop at 994 Los Altos Ave. marks its fifth year in business Sept. 7. The shop is a popular after-school stop for families and students.

When Stacy Savides Sullivan opened the Sweet Shop at 994 Los Altos...

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Books

"Jack London" chronicles author's adventurous life


Much has been written about American author Jack London, primarily known for his early-20th-century Western adventure novels, including the classics “White Fang” and “The Call of the Wild.”

In Earle Labor’s biography of the literary icon, “Jac...

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People

JEFF JOHNSON

JEFF JOHNSON

Jan 10, 1967 - Aug 10, 2014

Jeff was born and raised in Los Altos. He was a graduate of Los Altos High School. He then went to Foothill College where he had an opportunity to spend 3-months in Europe through a study abroad program. That experience...

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Travel

Visiting Vancouver Western Canada's premier destination has much to offer

Visiting Vancouver Western Canada's premier destination has much to offer


Photos courtesy of TOURISM VANCOUVER
Outdoor adventures abound in and around Vancouver, including a boat excursion into Horseshoe Bay and a jaunt on the Cliffwalk at Capilano Suspension Bridge Park, among the most popular attractions in British Col...

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Stepping Out

'Water' rises in Mtn. View

'Water' rises in Mtn. View


Kevin Berne/Special to the Town Crier
Elliot (Miles Gaston Villanueva) struggles to understand Odessa’s (Zilah Mendoza) online activity in TheatreWorks’ regional premiere of the award-winning drama “Water by the Spoonful.”

TheatreWorks’ regiona...

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Spiritual Life

Spiritual Briefs

Meditation group meets at Foothills Congregational

A Weekly Meditation Practice group meets 7-8:15 a.m. Tuesdays at Foothills Congregational Church, 461 Orange Ave., Los Altos.

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Magazine

Los Altos Hills home showcases resort-inspired living

Los Altos Hills home showcases resort-inspired living


Courtesy of Spectrum Interior Design
In place of a more traditional fireplace, this modern living room features a linear-flame firebox that emits heat while offering a sculpturelike design element.

After traveling the world and visiting a host o...

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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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