Sat04192014

News

City chips in $7,000 for SFMOMA installation

City chips in $7,000 for SFMOMA installation


Town Crier File Photo
The Los Altos City Council earmarked $7,000 for the purchase of Chris Johanson’s artwork.

The city of Los Altos will contribute $7,000 toward the purchase of a $28,000 art installation featured in the San Francisco Museum...

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Schools

LASD students celebrate service learning

LASD students celebrate service learning


Courtesy of Sandra McGonagle
We Day, held March 26 at Oracle Arena in Oakland, exhorts students in the Los Altos School District to effect positive change.

More than 150 Los Altos School District student leaders joined 16,000 Bay Area students to ce...

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Community

Film career launches with Cannes screening

Film career launches with Cannes screening


Courtesy of Zachary Ready
Los Altos native Zachary Ready, front left, and co-director Andrew Cathey, right, celebrate their Campus MovieFest awards.

After learning the art of filmmaking as a child in the front yard of his family’s Los Altos home...

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Sports

Sports on the Side

Pathways Run/Walk slated May 10 in Hills

The 13th annual Pathways Run/Walk is scheduled 9 a.m. May 10 at Westwind Community Barn, 27210 Altamont Road, Los Altos Hills. The course wends through Byrne Preserve and onto the Los Altos Hills Pathways sys...

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Comment

Now is the time to expand parking: Editorial

Just a few short years ago, vacancies dotted downtown Los Altos. Property owners had a hard time attracting businesses because there was a shortage of customers. That is no longer true. Now, the cry is: Where are my customers going to park?

The city...

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Special Sections

Epicurean's Mary Clark Bartlett: Serving sustainability

Epicurean's Mary Clark Bartlett: Serving sustainability


Courtesy of Michael McTighe
Mary Clark Bartlett is founder and CEO of Los Altos-based Epicurean Group.

Labels such as “healthy,” “organic” and “green” are rarely used to describe the meals served in most corporate cafes in Silicon Valley. But on...

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Business

Local realtor honored for volunteer efforts

Local realtor honored for volunteer efforts


Ellie Van Houtte/Town Crier
Coldwell Banker recently recognized realtor Kim Copher, right, for her philanthropic efforts. Copher and colleague Alan Russell, left, volunteer at Reach Potential Movement, where they collect books for its Bookshelf in ...

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Books

Local Author Spotlight

In an effort to support authors from Los Altos, Los Altos Hills and Mountain View, many self-published, Book Buzz periodically spotlights their books and offers information on where to purchase them. Local authors are encouraged to submit brief summa...

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People

Noteworthy

RotaCare honors local volunteer

RotaCare Bay Area honored Jim Cochran of the RotaCare Mountain View Free Medical Clinic with the Outstanding Clinic Volunteer Award April 10 for his commitment to RotaCare’s mission of providing free medical care to t...

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Travel

Sausalito: Explore the historical city with world-class views

Sausalito: Explore the historical city with world-class views


Eren Göknar/ Special to the Town Crier
Sausalito offers panoramic views of the San Francisco Bay. A number of companies schedule boat tours that sail past Angel Island and Alcatraz.

On a clear day, Sausalito offers spectacular views of the San Franc...

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Stepping Out

Western Ballet performs this weekend  at Smithwick Theatre in Los Altos Hills

Western Ballet performs this weekend at Smithwick Theatre in Los Altos Hills


Courtesy of Alexi Zubiria
Western Ballet’s “La Fille Mal Gardée” features Alison Share and Maykel Solas. The production runs Friday and Saturday at Foothill College

Western Ballet is slated to perform “La Fille Mal GardéeR...

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Spiritual Life

Magazine

A yoga class a day keeps the stress away

A yoga class a day keeps the stress away


Van Houtte/Town Crier Yoga of Los Altos hosts a variety of classes, including Strong Flow Vinyasa, above, taught by Doron Hanoch. Yin Yoga instructor Janya Wongsopa guides a student in the practice, below.

It’s nearly 9 a.m. on a Monday mornin...

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Should we buy on the dip?

The market fell for the third day in a row last Friday, the first negative week for investors since mid-April. The drop triggered concern that began when Federal Reserve Chairman Ben Bernanke said a change could come in future meetings when the Fed reduces the stimulus. The stimulus programs Bernanke initiated have helped feed a four-year rally in stock prices.

Where is the market headed from here? Should investors buy on the dip? It’s a serious move and raises the question of whether such a move could be profitable when the Chinese economy is contracting. While Fed action remains a question mark and some stocks are still overbought, where but the stock market can you get a reasonable return for your money?

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

• Microsoft Corp. (MSFT; $34.20) shares have surged 28 percent this year, reaching levels last seen in January 2008. Gains were made despite sluggish personal computer sales and the company’s weakness in mobile computing.

The company, based in Redmond, Wash., with a presence in Mountain View, remains strong. No other competitor will eclipse the performance of Microsoft’s operating system or unseat Microsoft Office’s popularity – and Windows 8 is picking up steam. Microsoft’s recent ad campaign mocking Apple takes a negative slant but gets its point across.

Microsoft unveiled Xbox One, its first new video-game console in eight years. The console features a living-room system that claims to be the only system households will need for games, movies, television and other entertainment. It will be available for purchase later this year at an undisclosed price.

Analysts’ consensus reports on Microsoft stock predict that the opportunity is huge, but so are the challenges. Several analysts reversed recommendations from a buy to a hold. The high target price for Microsoft stock is $42 and the median $33.

• Hewlett-Packard Co. (HPQ; $24.40) shook up analysts and investors last week when its second-quarter results beat Wall Street expectations. Excluding certain items, the company posted earnings of 87 cents per share, down from a year ago but surpassing the estimate by 6 cents.

The Palo Alto-based company recorded sales of $27.6 billion, down by a half billion from a year ago. Profit sank 32 percent from the previous year.

In a conference call to analysts, CEO Meg Whitman said, “I must say that I’m encouraged with where we are. We have made significant progress, and you can feel the turnaround taking place at HP. Revenue growth is possible in 2014.”

Investors remain confused by the company’s sagging sales and profit over the past few years. The businesses HP acquired – including Autonomy for $11 billion – have not helped the bottom line either. The company exceeded forecasts by cutting costs and laying off 29,000 employees.

Before HP announced its quarter results, analysts had downgraded the stock to a sell, but post-results, they are recommending a hold. The mean target price for the stock is $20, with a high of $29.

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