Sat11012014

News

Spooktacular moved indoors


Due to rain, today's downtown Los Altos Halloween activities have been moved to the indoor courtyard of Play! at 170 State St. Enter from the back on the parking lot side to participate in crafts, games and fun. Activities continue until 4 p.m.

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Schools

Gardner Bullis School debuts new Grizzly Student Center

Gardner Bullis School debuts new Grizzly Student Center


Photo by Ellie Van Houtte/Town Crier
Students line up to check books out of the library in the new Grizzly Student Center at Gardner Bullis School.

Gardner Bullis School opened its new Grizzly Student Center earlier this month, introducing a lea...

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Community

Home improvement workshop scheduled Wednesday (Oct. 29)

The County of Santa Clara is hosting a free informational workshop on 6:30 p.m. Wednesday at Los Altos Hills Town Hall, 26379 Fremont Road.

The workshop will offer ways single-family homeowners can increase their homes’ energy efficiency. Eligible i...

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Comment

Off the fence: TC recommends 'yes' on N

The Town Crier initially offered no position on the controversial $150 million Measure N bond on Tuesday’s ballot. But some of the reasons we gave in our Oct. 15 editorial were, on reflection, overly critical and based on inaccurate information.

We ...

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Special Sections

Long-term solutions emerge as water conservation goes mainstream

Long-term solutions emerge as water conservation goes mainstream


Ellie Van Houtte/Town Crier
Forrest Linebarger, right, installed greywater and rainwater harvesting systems at his Los Altos Hills home.

With more brown than green visible in her Los Altos backyard, Kacey Fitzpatrick admits that she’s a little e...

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Business

Local realtors scare up money for charity

Local realtors scare up money for charity


Photo courtesy of SILVAR
Realtors Gary Campi and Jordan Legge, from left, joined Nancy Domich, SILVAR President Dave Tonna and Joe Brown to raise funds for the Silicon Valley Realtors Charitable Foundation.

Los Altos and Mountain View realtors raise...

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Books

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book


Ellie Van Houtte/Town Crier
Mimi Sommers, who works at a Los Altos dentist’s office, recently wrote a children’s book.

A local dental hygienist recently published a book that aims to ease parents and children during a sometimes anxious e...

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People

DAVID S. NIVISON

DAVID S. NIVISON

David S. Nivison, 91 years old, and a resident of Los Altos, California since 1952, died Oct. 16, 2014 at home.  His neighbors had recently honored him as the “Mayor of Russell Ave., in recognition of 62 years of distinguished living” on that ...

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Travel

Falling leaves: Four places in California to see autumn colors

Falling leaves: Four places in California to see autumn colors


Courtesy of Castello di Amorosa
Castello di Amorosa in Calistoga, above, boasts a beautiful setting for viewing fall’s colors – and sampling the vineyard’s wines.

Yes, Virginia, there is fall in California.

The colors pop out in...

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Stepping Out

ECYS opens season Sunday

ECYS opens season Sunday


Ramya Krishna/Special to the Town Crier
The El Camino Youth Symphony rehearses for Sunday’s concert, above.

The El Camino Youth Symphony – under new conductor Jindong Cai – is scheduled to perform its season-opening concert 4 p.m....

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Spiritual Life

Christian Science Reading Room hosts webinar on prayer and healing

Christian Science practitioner and teacher Evan Mehlenbacher is scheduled to present a live Internet webinar lecture, “Prayer That Heals,” 7:30 p.m. Nov. 14 in the Christian Science Reading Room, 60 Main St., Los Altos.

Those interested ...

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Magazine

Local events add color to autumn calendar

Local events add color to autumn calendar


Van Houtte/town crier Visitors make their way through the Children’s Alley.

As Los Altos’ signature Chinese Pistache trees exchange their summer green for vibrant hues of yellow, orange and red in the fall, an abundance of local events also ad...

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August proved bad news for market

With a rocky August in the rearview mirror, tensions in Syria pushing oil prices to their highest level this year and the Federal Reserve’s indecision on tapering off its bond-buying program, it’s time for investors to take stock.

U.S. stocks closed modestly higher Thursday as the economy began to show signs of improvement – even as the Syria disaster plays out. While many investors expect a U.S. military strike in the wake of Syria’s alleged poison-gas attacks, analysts do not fear a long-term impact on the market. Compared with other investments, many analysts still believe stocks are the only game in town and look beyond crisis in the Middle East.

Market bulls argue that valuations are still well below prior bull-market peaks and that company earnings and dividends are still rising. That data could also bolster the case for the Fed to wind down its stimulus program sooner.

Historically, August has never been an exciting month for the market. A failed attempt at new highs would suggest that the primary trend has turned bearish, but consumer sentiment is on the rise and investors are still in the game.

Town Crier “50” company Intuit Inc. (INTU; $63.57) trumpeted the launch of the Intuit QuickBooks Cloud ProAdvisor Program last week, which should be a boon for management solutions. The program is designed to help accounting professionals start and grow their practices using Intuit’s free leading online financial and employee solutions.

“The cloud is no longer a new concept,” said Louis Sanchez, director at Intuit. “It is a necessary platform for accounting professionals to leverage in order to launch their practices and meet clients’ needs.”

The Mountain View-based Intuit provides business and financial solutions for small businesses, consumers and accounting professionals. Founded in 1983, the company sells its products and services via various sales and distribution channels. Most consumers are aware of Quicken’s line of desktop software products that reconcile bank accounts, pay bills and track investments. TurboTax, Intuit’s flagship product, is a familiar interface for users during tax season.

The company released its fiscal fourth-quarter results last week, and the numbers failed to impress analysts. On an adjusted basis, the company broke even on a per-share basis. Revenue grew 12 percent to $634 million.

Intuit’s upgrade and downgrade history has varied, with most analysts deeming the stock a hold. The mean target price is $68.53, with a high of $80.

Looking ahead

Projections from research firm International Data Corp. last week may herald trouble for three Town Crier “50” companies.

The future for personal-computer makers and component suppliers grows bleaker – IDC cut its unit-shipment forecasts for the computer tech sector.

IDC predicted that worldwide PC shipments would fall by 9.7 percent in 2013 and 2 percent in 2014. After 2015, the company forecasts single-digit growth.

The PC market is experiencing its longest market contraction on record, largely because customers are purchasing tablets and smartphones rather than replacing their PCs. IDC projects that 315 million PCs will be shipped this year, compared with 349 million in 2012.

The forecast is bad news for Hewlett-Packard Co. (HPQ; $22.35). In the second quarter, China-based Lenovo rose to the No. 1 PC vendor ranking, pushing HP to No. 2.

Intel Corp. (INTC; $22.02) continues to focus aggressively on mobile products to offset pressure from declining computer and chip sales.

Microsoft Corp. (MSFT; $33.40) is in talks to buy stakes in other companies to compensate for problems after the release of Windows 8.

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