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News

LASD approves advisory committee expansion

Los Altos School District trustees approved a resolution Aug. 25 to expand their Facilities Master Plan Advisory Committee, which provides the district with advice on future facilities projects.

The resolution broadened the membership of the committ...

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Schools

Program turns parents into school-day advocates

Program turns parents into school-day advocates


Courtesy of Sonia Maiello.
Project Cornerstone parent reader Sonia Maiello regales a Montclaire classroom.

Parent volunteers at Montclaire Elementary School in Los Altos are gearing up for the seventh year of Project Cornerstone, a countywide YMCA ...

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Community

'Beach Blanket Babylon' star entertains Rotary Club

'Beach Blanket Babylon' star entertains Rotary Club



“Beach Blanket Babylon” star Tammy Nelson entertains members of the Rotary Club of Los Altos Aug. 21. Jerry Tomanek/Special to the Town Crier

Wearing 300-pound hats as she belts out clever, zany and often bawdy songs, Tammy Nelson stars in th...

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Sports

Eagles, Spartans gear up for gridiron season

Eagles, Spartans gear up for gridiron season


Photos by Ellie Van Houtte/Town Crier
Los Altos and Mountain View highs have new starting quarterbacks this year, with Kyle Gnoud, above, taking over for the Eagles.

If any game defined the 2013 football seasons for Los Altos and Mountain View highs...

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Comment

You may have already won!: A Piece of My Mind

There is something irresistible in the idea of buried treasure brought to light. We love to hear about the dusty picture in the attic that turns out to be a genuine Rembrandt, the stock certificate in the bottom of the neglected safe deposit box tha...

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Special Sections

A Chrysler comeback New 200C is proof the company is relevant again

A Chrysler comeback New 200C is proof the company is relevant again


Courtesy of Chrysler
The 2015 Chrysler 200C offers a 295-horsepower V-6 engine and the SafeTec package. The interior features comfortable front seats, lots of legroom and a restyled center-console area.

The reborn Chrysler Corp. is a success story ...

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Business

Modern art exhibit comes to Los Altos: Passerelle teams with Christie's on pop-up venture

Modern art exhibit comes to Los Altos: Passerelle teams with Christie's on pop-up venture


images courtesy of Christie’s 2014
Christie’s auction house will host a pop-up exhibit Sept. 10-18 in downtown Los Altos. Works on display will include Roy Lichtenstein’s “Girl in Mirror,” valued at $2 to 3 million and a 2013 untitled work by Korak...

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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...

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People

SARA MITTELMAN

Sara Mittelman, 97, was born May 10, 1917 and died August 15, 2014 at Menorah Medical Center. She was born in Pilica, Poland and came to the USA in 1950. Sara was a Holocaust survivor who lost her entire family during the war. She was one of the olde...

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Travel

Visiting Vancouver Western Canada's premier destination has much to offer

Visiting Vancouver Western Canada's premier destination has much to offer


Photos courtesy of TOURISM VANCOUVER
Outdoor adventures abound in and around Vancouver, including a boat excursion into Horseshoe Bay and a jaunt on the Cliffwalk at Capilano Suspension Bridge Park, among the most popular attractions in British Col...

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Stepping Out

Los Altos Stage Company attaches itself to

Los Altos Stage Company attaches itself to "Trailer"


COURTESY OF LOS ALTOS STAGE COMPANY
The cast of “The Great American Trailer Park Musical” includes, clockwise from left, Mylissa Malley (Lin), Christina Bolognini (Pickles) and Vanessa Alvarez (as Betty).

Los Altos Stage Company launches its 19t...

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Spiritual Life

Spiritual Briefs

Meditation group meets at Foothills Congregational

A Weekly Meditation Practice group meets 7-8:15 a.m. Tuesdays at Foothills Congregational Church, 461 Orange Ave., Los Altos.

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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 o...

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Dow drops HP, Alcoa and BofA

After the stock market closes Friday, the Dow Jones industrial average index of 30 stocks will drop Hewlett-Packard Co. and two other financial mainstays – Alcoa Inc. and Bank of America Corp.

News of the change raises questions among the followers of the Dow and McGraw Hill Financial, which controls the average. McGraw Hill representatives claim that they want to diversify the sectors in the index. The three replacement stocks are Goldman Sachs Group Inc., Visa Inc. and Nike Inc.

The reason is more likely that the stock prices of HP, Alcoa and Bank of America remain low, and the Dow would rather comprise higher-priced winners.

The average divisor will be adjusted before the market opens Monday, so the changes won’t impact the level of the Dow the same as when a stock splits or a spin-off occurs.

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

• Apple Inc. (AAPL; $450.36) unveiled its high-end iPhone 5s and the cheaper, more colorful iPhone 5c, putting an end to the secrecy. Company representatives said the iPhone 5s is twice as fast as the iPhone 5, with an improved camera, a new microchip and a finger sensor.

Apple’s stock plunged during the company’s rollout last week. Analysts suggested that consumers expected more, including stepped-up features not found in other phones.

Analysts are not impressed with Apple’s new iPhone lineup. One analyst cut the stock’s target price to $425 and trimmed the 2014 earnings estimate to $37.95 per share, down from $38.78.

A recent CNET poll revealed that 54 percent of respondents consider Apple a leading innovator, while 46 percent see it falling behind.

The lack of a deal to sell iPhones through China Mobile to more than 700 million subscribers also weighed on Apple shares. If Apple seals a deal with China Mobile, investors and analysts will likely push the stock again.

Apple’s stock is down 14 percent year-to-date and 31 percent over the past 12 months.

The median target price for Apple stock is $540, with a high of $825 – a large disparity. The upgrade and downgrade history is mixed, with most analysts favoring a hold or a neutral position.

• Facebook Inc. (FB; $43.32) stock is now more than $45 per share, marking its all-time high and up 17 percent since its initial public offering at $38 in July 2012.

Investors believe that the social-networking service will benefit from the growing demand for advertising on smartphones and tablets. With more than 1 billion members, Facebook has worked to simplify the ad-buying process for marketers.

Mobile ads totaled 41 percent of advertising revenue in the second quarter, up from 30 percent in the first quarter. While there is a growing acceptance that Facebook is not a fad, the company must continue to drive business from desktop ads to smartphones and tablets.

Second-quarter sales rose 53 percent to $1.81 billion, topping analysts’ prediction of $1.62 billion.

Whereas most analysts previously suggested a downgrade for Facebook stock, they have changed their tune in the past three months, upgrading it to a buy or neutral. The mean target price is $42, with a high of $60.

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