Sun12212014

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...

Stock market suffers June swoon

The stock market continues to struggle in June, with investors fearing that the Federal Reserve could begin scaling back its aggressive stimulus program. Compounding the anxiety, consumer sentiment is on the wane.

Many investors ignore three key variables when evaluating the health of a bull market: earnings, interest rates and valuations. All three are beginning to look negative.

The bearish view carries some weight. The sudden jump in 10-year Treasury bond yields to 2.2 percent – up from 1.6 percent in early May – has surprised investors and put pressure on defensive stocks with bondlike returns in light of the economy’s strength. In addition, a surprise hike in mortgage rates (4.15 percent last week) threatens to slow a refinancing boom that delivered strong profits for banks over the past few years.

The market’s continued upward climb is likely to become narrower and choppier in the second half of 2013, but stocks still look better than cash or bonds. While it could be harder to make money in U.S. stocks in the second half of the year, many analysts think it is still too early to sell.

It is worth noting that many analysts consider the full-year targets for the Dow and the S&P comparably bearish, and predict a 15 percent decline from current levels to 12,969 and 1348, respectively.

Two Town Crier “50” stocks made the news last week.

• Safeway Inc. (SWY; $24.24) announced last week that it plans to sell its Canadian Safeway operations to food retailer Sobeys for $5.8 billion. The deal includes 213 Safeway markets, 52 fuel stations, 10 liquor stores and four distribution centers.

Safeway plans to use the money to repay $2 billion of its debt. The company will use the bulk of the remainder to purchase shares.

Zacks Equity Research reports that Safeway will be left with $0.8 billion of authorization to buy back shares, and shareholders should anticipate attractive returns in the near future.

The Pleasanton-based company operates stores under its own name as well as the Vons chain in Southern California and Tom Thumb in Texas. Locally, a new super Safeway recently opened at The Village at San Antonio Center in Mountain View, and a new podium-style store in Los Altos is scheduled for construction this summer.

Safeway’s upgrade and downgrade history has not been ideal for investors, with most analysts calling the stock “underweight” and recommending a hold. The mean target price is $24.07, with a high of $30.

• Hewlett-Packard Co. (HPQ; $25.13) reported an increase in share price last week, even as the Dow declined.

In a CNBC segment June 12, CEO Meg Whitman reported that the company’s turnaround is proceeding ahead of schedule. While admitting that HP has a long way to go before digging itself entirely out of the hole, Whitman said revenue growth is possible this year. Since December, the company’s growth has added more than $20 billion in value to shareholders.

HP faces the challenge of identifying growth opportunities when consumers appear less inclined to purchase its computers and printers. Sales of all product lines declined last quarter, but the company is building up non-PC divisions such as cloud computing and servers.

Among Forbes Magazine analysts, one deems HP stock a buy, with five others recommending that investors sell their shares. Other analysts suggest holding the stock.

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