Tue09162014

News

Council approves directional signs for Los Altos' Woodland Plaza

Council approves directional signs for Los Altos' Woodland Plaza


Ellie Van Houtte/Town Crier
The Los Altos City Council last week approved the installation of two new directional signs on Foothill Expressway pointing motorists to the Woodland Plaza Shopping District.

The Los Altos City Council voted unanimou...

Read more:

Loading...

Schools

New head of curriculum’s ideologies align with LASD

New head of curriculum’s ideologies align with LASD


Ellie Van Houtte/Town Crier
Edsel Clark, new Los Altos School District assistant superintendent for curriculum and instruction, above, facilitates a junior high mathematics curriculum meeting last week.

Edsel Clark, Ed.D., new assistant superintend...

Read more:

Loading...

Community

Closing reception caps Foothill photo show on rural China

Closing reception caps Foothill photo show on rural China


From IncredibleTravelPhotos.com
Jacque Kae’s “Mischievous” is one of the many photographs on display at Foothill College this month.

Photographs of the land and culture of Huangshan and Zhangjiajie, China, are on exhibit through Sept. 26 at t...

Read more:

Loading...

Sports

Spartans shine in opener

Spartans shine in opener


Ellie Van Houtte/Town Crier
Mountain View High’s Frank Kapp snares a touchdown pass from quarterback Owen Mountford in Friday’s win.

Leading by a point at halftime, the Mountain View High football team outscored visiting Del Mar 20-0 the rest of...

Read more:

Loading...

Comment

A look ahead to the Nov. 4 election: Editorial

Election season is upon us. In Los Altos, we have three major local races ahead – two seats on the Los Altos City Council, and three seats each on the Los Altos School District and Mountain View-Los Altos Union High School District boards of tr...

Read more:

Loading...

Special Sections

Renovation complete,  Villa Siena looks to future

Renovation complete, Villa Siena looks to future


Above and Below Photos Ellie Van Houtte/Town Crier; Left Photo Courtesy of Villa Siena
Villa Siena in Mountain View recently underwent a $35 million face-lift. The five-year project expanded their senior living community’s space and ability to serv...

Read more:

Loading...

Business

Transitioning from postage to pets

Transitioning from postage to pets


Ellie Van Houtte/Town Crier
A new Pet Food Express store is scheduled to open at the Blossom Valley Shopping Center this month.

A site that previously existed to meet postal service needs will soon have an entirely different purpose – serving pe...

Read more:

Loading...

Books

‘The Humans’ transcends alien genre to glean human insights

‘The Humans’ transcends alien genre to glean human insights


A good story about aliens is always great fun to read – after all, it’s only by attempting to understand the human race from another perspective that we can see ourselves more objectively.

But readers who might be tempted to dismiss ye...

Read more:

Loading...

People

JEANNE PACKARD

After suffering a stroke in May, Jeanne Packard died August 10, 2014 at age 83. She was born in 1931 in Berlin, Germany, the only child of Emily Channel and Frank Howe Packard of Chicago, IL. Jeanne is survived by 5 great grandchildren. She was a lon...

Read more:

Loading...

Travel

LA photographer spends a night with cranes – and moose – in Alaska

LA photographer spends a night with cranes – and moose – in Alaska


Sandy Powell/Special to the Town Crier
Los Altos resident and bird photographer Sandy Powell recently visited Homer, Alaska, to photograph Sandhill cranes, below. While there, Powell also encountered moose, left.

Los Altos resident Sandy Powell, a...

Read more:

Loading...

Stepping Out

'Trailer Park' opens in Los Altos

'Trailer Park' opens in Los Altos


Courtesy of Los
The cast of Los Altos Stage Company’s “The Great American Trailer Park Musical” includes, from left, Mylissa Malley as Lin, Vanessa Alvarez as Betty, and Christina Bolognini as Pickles. Altos Stage Company

Los Altos Stage Company...

Read more:

Loading...

Spiritual Life

9/11 survivor Michael Hingson finds purpose

Imagine walking down 78 flights of stairs – 1,463 individual steps. You are in imminent danger as you walk, unsure whether you can make it out of the building before it collapses or explodes. Struggling for each breath, you smell the heavy sten...

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...

Read more:

Loading...

Could the Dow hit 17,000 by year-end?

The Dow Jones industrial average and the S&P 500 continued their run up the mountain, hitting record highs last week. The Dow closed at 15,354 Friday, with several analysts predicting it could reach 17,000 by year’s end.

The risk of a correction remains high, however, and the percentage of New York Stock Exchange stocks trading above their 200-day moving average is up to 78 percent, a level that signals a higher-than-normal risk of a pullback.

Sentiment among investment newsletters and institutional investors is optimistic, with few at this time forecasting a setback.

A Barron’s contributor bullish on tech stocks recommended in the May 13 issue that investors consider purchasing three Town Crier “50” stocks: Microsoft Corp. (MFST), Intel Corp. (INTC) and IBM (IBM). All three companies boast a lower price-earnings ratio than the Dow average and show room for dividend growth.

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

• Cisco Systems Inc. (CSCO; $23.84) reported that its earnings per share increased 6 percent to 51 cents, excluding special items in the April quarter. The company’s third-quarter numbers beat Wall Street expectations, with profits up 15 percent and sales up 5 percent over last year.

CEO John Chambers said in a statement that the company was encouraged by the “slow but steady” economic environment.

“We are starting to see some good signs in the U.S. and other parts of the world,” he added.

Revenue climbed 5 percent to $12.22 billion on 5 percent growth for products and 7 percent growth for services. The results were in line with expectations and appear solid in the wake of rivals’ statements about challenging economic conditions.

Cisco shares rose to $22.27 after the quarterly-results release. Several analysts jumped on the bandwagon, upgrading the stock to “market perform.” Others deemed it a hold. The high target price for Cisco stock is $27.

• Safeway Inc. (SWY; $24.42), a Town Crier “50” stock because several of its executives live in the area, deserves a look. With a new store in Mountain View and a rebuilt market pending in Los Altos, the company’s local presence remains strong.

Safeway announced last week that it will increase its quarterly dividend by 14 percent and in July pay a dividend of 20 cents per share – up from 17.5 cents – to shareholders of record June 20. The stock boasts a 2.8 percent yield.

Safeway, which operates 1,641 grocery stores across North America, reported annual sales of $44.2 billion in 2012.

Despite the positive numbers, Goldman Sachs analysts recently rated Safeway a sell. According to one analyst, “We see a combination of secular and cyclical headwinds pressuring results vs. consensus estimates.”

Most analysts give Safeway an “underperform” rating, with a suggestion to hold or sell. The high target price is $30, and the low $14.

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