Sat12202014

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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 ...

Read more:

Loading...

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.

Read more:

Loading...

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...

Read more:

Loading...

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 ...

Read more:

Loading...

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...

Read more:

Loading...

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.

Read more:

Loading...

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...

Read more:

Loading...

Investors approve of latest Fed action

Stocks have rebounded on encouraging economic news, bringing indexes to new highs and the Dow Jones industrial and transportation averages within 2 percent of their May highs. Along with improving labor statistics and the Federal Reserve’s decision to continue buying bonds and keep interest rates low, the news confirms a bullish trend for the market.

Job growth alone won’t support increased stock prices, but in the long run, it helps boost U.S. corporate profits. Moves above all-time Dow industrial average highs of 15,409.39 will confirm a bullish primary trend.

At an economic conference last week, Fed Chairman Ben Bernanke explained how the central bank views the economy, emphasizing that the economy must accommodate monetary policy for the “foreseeable future.”

With bond yields rising slightly and bond-fund investors suffering losses, those in the bullish camp argue that money will continue to rotate from bonds to stocks.

Stock market volatility has accelerated in July, and further weakness is possible in the near term, despite the encouraging primary trend. However, secondary corrections are necessary evils in a bull market.

The bottom line for this week reveals that the recent market volatility has troubled many investors, because stocks have done nothing unexpected when it comes to a pullback relative to historical corrections and positive moves by the Fed.

Bernanke said the Fed might begin to curb its massive bond-buying program later this year and halt the practice completely by the middle of 2014 if the unemployment rate reaches 6.5 percent.

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

• Cisco Systems Inc. (CSCO; $25.93) has reported higher sales in 14 consecutive quarters. In the past 12 months, the company’s per-share profits rose 13 percent, while its competitors’ decreased 9 percent. The world’s largest supplier of networking equipment, Cisco’s results closely correlate to the performance of the global economy.

Cisco in June introduced a new router capable of handling four times more network traffic than previous incarnations, an upgrade that could generate $2 billion over the next two years.

Even as Cisco expands into higher-growth markets such as cloud computing, it still sticks to what it does best.

Many brokerage houses rate Cisco stock as a focus or long-term buy. Investors should consider purchasing shares – stock has proven resilient during the market’s recent volatility, offers growth potential and yields an annual dividend of 2.8 percent.

• Oracle Corp. (ORCL; $31.98) stock has traded on the Nasdaq exchange since 1986, but effective July 15, the company began trading on the New York Stock Exchange. The company will retain its ticker symbol as it transfers to the NYSE.

Oracle reported soft April-quarter results, with shares slumping and the new dividend hike failing to impress investors. Earnings-per-share increased 5 percent to 87 cents, matching the consensus, while sales held flat at $10.95 billion. New software licenses and subscriptions for cloud software rose 4 percent, offsetting a decline in hardware products and support.

For the July quarter, Oracle expects sales of new licenses and subscriptions to be flat or to increase to 8 percent. The company doubled its quarterly dividend to 12 cents, payable Aug. 2. The yield is 0.8 percent per share.

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