Mon01262015

News

UPDATED: Missing Los Altos High School student found

UPDATED at 10:20 p.m. Jan. 21: Mountain View Police report that Avendano is safe after being located in Los Angeles County.

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The Mountain View Police Department is looking for 17 year-old Mountain View resident Lizbeth Avendano. Accordin...

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Schools

MVLA revisits prospect of ninth-grade PE exemptions

MVLA revisits prospect of ninth-grade PE exemptions


Ellie Van Houtte/Town Crier
The Mountain View Los Altos Union High School District Board of Trustees is scheduled to vote on a proposal to exempt ninth-grade student-athletes from taking PE. Students take part in a physical education class at Mount...

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Community

Midnight Express offers late-night rides from SF

Midnight Express offers late-night rides from SF


From Midnight Express Instagram
A group of millennial-aged Santas celebrating a night on the town prepare for a safe ride from San Francisco to their South Bay homes, courtesy of Cory Althoff’s new Midnight Express shuttle.

It’s no understatemen...

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Comment

More open than ever: Editorial

One of the Los Altos City Council’s objectives for 2015 is implementing an open-government policy. The title of the policy may be somewhat misleading, because it’s not as if the city has had a closed-government policy. But the new proposal goes beyon...

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Business

Cassidy Turley, DTZ plan to combine

Cassidy Turley, DTZ plan to combine


Ellie Van Houtte/Town Crier
Cassidy Turley, which has offices at 339 S. San Antonio Road, is combining with DTZ following its recent acquisition.

Commercial real estate services companies DTZ and Cassidy Turley have joined forces to operate as a sin...

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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

JUDY HOFFMANN

JUDY HOFFMANN

Judy Hoffmann passed away unexpectedly October 17, 2014 in New York City. It was only fitting Judy would be traveling and enjoying special adventures in so many different places until the very end.

Judy has lived since 1969 in Los Altos with her h...

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Travel

Cuban photographer slated to appear at Foothill

Cuban photographer slated to appear at Foothill


Courtesy of Raúl Cañibano
Cuban photographer Raúl Cañibano is set to appear at Foothill College tonight. His work – including the image “Series: Guajira’s Land, Viñales, 2007,” right – is on display at the KCI Gallery t...

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Stepping Out

TheatreWorks launches '2 Pianos' in Mtn. View

TheatreWorks launches '2 Pianos' in Mtn. View


Suellen Fitzsimmons/Special to the Town Crier
Christopher Tocco stars in TheatreWorks’ “2 Pianos 4 Hands,” which opened last week.

TheatreWorks’ production of “2 Pianos 4 Hands” is scheduled to run through Feb. 15 at the Mountain View Center fo...

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Spiritual Life

Start something great by ringing in the new year with prayer

There is a tradition, which I’m told originates in the Midwest, that calls for people to pray in the new year. A few years ago, I was invited to a friend’s house and a number of people stayed up until midnight (approximately two hours pa...

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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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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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