Wed08272014

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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.

Read more:

Loading...

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...

Read more:

Loading...

Dow takes backseat after 10-day rally

After the Dow Jones industrial averages closed higher for 10 straight days, a market pullback was not surprising, because bear markets often begin when earnings and dividends are at all-time highs.

Dividends for the S&P 500 hit a record high as well and could trend higher this year, as big banks are expected to increase their payouts soon in response to the Federal Reserve’s latest round of stress tests.

U.S. equities have pushed up their run for 10 consecutive days without a major consolidation since the start of the year, a result of funds flowing out of money markets and fixed incomes to equities. This kind of trend doesn’t change easily, and we can look for more of it.

Companies are doing better than expected and stockpiling money hand over fist. There is also hope that the Fed will continue printing money with urgency until unemployment falls below 6.5 percent. A shift from this policy could rattle the market and bring down equity prices. Sooner or later, a correction will occur – and it may be a good thing, to keep the market affordable.

Although interest rates are ridiculously low and have a bullish effect on the market, many investors remain skeptical because of continued gridlock in Washington, D.C.

Two Town Crier “50” companies made headlines last week.

• Microsoft Corp. (MSFT; $28.22) was fined $732 million by the European Union for failing to comply with an antitrust pact concerning its Internet browser. Some versions of the Windows operating system omitted a screen that allowed users to select a default Web browser. Microsoft blamed the violation on a glitch, which impacted the stock share price.

In other news, Microsoft agreed to sell its online advertising program – Atlas Advertising Suite – to Facebook for an undisclosed sum. The move highlights Facebook’s intention to overtake Google as the U.S. leader in online display ads.

Microsoft has a market cap of $233.82 million, with shares up 5.3 percent year to date. The stock currently offers a 3.3 percent dividend yield. Most analysts consider Microsoft a long-term buy or, at worst, a hold.

• LSI Corp. (LSI; $6.79), which designs, develops and markets storage and networking semiconductors worldwide, came across a new outlet for supplying chips to base stations in the disk-drive industry and is ready to break out on the upside. The company recently signed a deal with NetApp Inc. that could make it a game changer for how applications handle data in the future.

LSI boasts a projected earnings-per-share growth rate of 13 percent over the next five years. LSI stock is currently trading 25 percent below its 52-week high.

Recently analysts have downgraded the stock from “outperform” to “market perform.” The high market price is $10, with a low target of $7. While Deutsche Bank has downgraded the stock from a buy to a hold, no analyst has recommended a sell.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos