Mon07282014

News

Downtown green park pops up again in August

Downtown green park pops up again in August


Ellie Van Houtte/Town Crier
The Third Street Green debuts Aug. 3 on the 300 block of State Street in downtown Los Altos.

Another temporary park is poised to pop up in downtown Los Altos this summer.

According to Brooke Ray Smith, community devel...

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Schools

MVLA rolls out laptop integration this fall

MVLA rolls out laptop integration this fall


Town Crier File Photo
Starting in the fall, daily use of laptops in the classroom will be standard operating procedure for students at Los Altos and Mountain View high schools as the Mountain View Los Altos Union High School District launches a pil...

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Community

Generations blend behind the scenes at 'Wizard of Oz'

Generations blend behind the scenes at 'Wizard of Oz'


Altos Youth Theatre and Los Altos Stage Company rehearse a scene from “The Wizard of Oz.” ELIZA RIDGEWAY/ TOWN CRIER

A massive troupe of young people and grownups gathered in Los Altos this summer to stage the latest iteration of a childhood sta...

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Sports

Football in July

Football in July


Town Crier file photo
Mountain View High’s Anthony Avery is among the nine local players slated to play in tonight’s Silicon Valley Youth Classic.

Tonight’s 40th annual Silicon Valley Youth Classic – also known as the Charlie...

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Comment

Pools should be included: Editorial

Los Altos residents should be receiving calls this week from city representatives conducting a survey to determine priorities for a revamped Hillview Community Center.

Notice that we did not say “civic center” – chastened by a lack of public support...

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Special Sections

Looking for life without lows, local diabetic tests artificial pancreas

Looking for life without lows, local diabetic tests artificial pancreas


Photo by Ellie Van Houtte/Town Crier
Dr. Trang Ly, left, reviews blood sugar readings on a smartphone with Los Altos resident Tia Geri, right, and fellow participant Noa Simon during a closed-loop artificial pancreas study for Type 1 diabetics.
...

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Business

Palo Alto law firm coming to 400 Main

Palo Alto law firm coming to 400 Main


Ellie Van Houtte/ Town Crier
Longtime Palo Alto law firm Thoits, Love, Hershberger & McClean plans to open an office at 400 Main St. in Los Altos after construction is complete in November.

A longtime Palo Alto law firm plans to expand int...

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Books

"Frozen in Time" chronicles harrowing WWII rescue attempts


Many readers can’t resist a true-life adventure story, especially those that shine a spotlight on people who exhibit supreme courage in the face of adversity and end up surviving – or not – against the odds.

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People

RICHARD PATRICK BRENNAN

RICHARD PATRICK BRENNAN

Resident of Palo Alto

Richard Patrick Brennan, journalist, editor, author, adventurer, died at his Palo Alto home on July 4, 2014 at age 92. He led a full life, professionally and personally. He was born and raised in San Francisco, joined the Arm...

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Travel

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway


Courtesy of Ritz-Carlton
The Ritz-Carlton in Lake Tahoe offers fall getaway packages that include spa treatments and yoga classes.

Fall in North Lake Tahoe boasts crisp mornings and opportunities to spend quality time in the mountains. Specially ...

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Stepping Out

PYT stages 'Shrek'

PYT stages 'Shrek'


Lyn Healy/Spotlight Moments Photography
Dana Cullinane plays Fiona in Peninsula Youth Theatre’s “Shrek The Musical.”

Peninsula Youth Theatre presents “Shrek The Musical” Saturday through Aug. 3 at the Mountain View Center for the Performing Arts...

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Spiritual Life

Foothills Congregational: 100 years and counting

Foothills Congregational: 100 years and counting


Courtesy of Carolyn Barnes
The newly built Los Altos church in 1914 featured a bell tower and an arched front window. Both continue as elements of the building as it stands today.

Foothills Congregational Church – the oldest church building in L...

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Magazine

Festival features fun for everyone

Festival features fun for everyone


TOWN CRIER FILE PHOTO
The Los Altos Arts & Wine Festival boasts more than 375 craft and arts booths.

This weekend’s 35th annual Los Altos Arts & Wine Festival promises to be jam-packed with fun activities for just about everyone. The eve...

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Obama invites lawmakers to White House

After Tuesday’s election, stocks turned downward with the Dow Jones industrial average moving to its lowest level in more than four months.

Uncertainties over the potential “fiscal cliff,” a fresh round of worries concerning European countries and less-than-impressive corporate profits in the third quarter continue to weigh on stocks in the near term.

However, investors should not let headlines chase them away from quality stocks. The election proved a reminder of the deeply partisan divide on Capitol Hill and across the country. Friday, President Barack Obama invited business and congressional leaders of both parties to the White House for a talk on avoiding the fiscal cliff.

What the politicos in Washington do next will be critical for the market, as legislators put their stamps on the tax increases and spending cuts that will take effect in the new year unless a deal to avert the increases is reached.

Most importantly, the country could slide into recession next year and unemployment could rise without a compromise. For a safety measure, I still recommend approximately 15-20 percent of equity portfolios in a short-term bond fund.

News of local firms the past few weeks:

• Yahoo Inc. (YHOO; $17.51), the digital media company, has been drawing attention since Marissa Mayer became president and CEO.

Last week Yahoo announced a deal with Wenner Media, an entertainment media company that publishes Rolling Stone, US Weekly and several other national magazines. Though Mayer is focusing on product development, she is not ignoring opportunities to overcome Yahoo’s struggles to compete with Google Inc., Microsoft Corp. and Facebook.

Yahoo recently announced better-than-expected third-quarter results with earnings up year to year, exceeding the consensus estimate by 11 cents. Gross profit margin for Yahoo is high, coming in at 78 percent.

Numerous analysts, actively watching Yahoo, continue to suggest a “Hold and Watch” status but are looking for an increase in the share price.

• Microsoft Corp. (MSFT; $28.31) sold 4 million upgrades to Windows 8 since its debut Oct. 26. That puts it ahead of the pace set by Windows 7.

CEO Steve Ballmer said, “The launch of Windows 8 is the beginning of a new era at Microsoft.”

Microsoft announced Nov. 7 that it signed patent licensing agreements with five different companies that include camcorder, digital camera and Android tablet manufacturers.

Two weeks ago Microsoft reported quarterly revenue of $16.01 billion for the quarter that ended Sept 30. Microsoft dividends pay a 3.20 percent yield, and the market value of its stock is $242.4 billion. That puts Microsoft in a position to purchase many companies. Microsoft is a long-term and short-term Buy.

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