Tue09302014

News

Meet the Santa Clara Valley Water District Board of Directors candidates

Meet the Santa Clara Valley Water District Board of Directors candidates

Two candidates have filed to run for the District 7 seat on the Santa Clara Valley Water District Board of Directors in the Nov. 4 election. The water district, established in 1929, oversees and protects water resources in Santa Clara County....

Read more:

Loading...

Schools

New LAHS assistant principal focuses on school activities

New LAHS assistant principal focuses on school activities


Ellie Van Houtte/Town Crier
Suzanne Woolfolk, assistant principal at Los Altos High, teaches a leadership course for Associated Student Body leaders.

Suzanne Woolfolk – new assistant principal at Los Altos High School – said she is happy...

Read more:

Loading...

Community

Petting zoo, car show highlight Chamber's annual Fall Festival

Petting zoo, car show highlight Chamber's annual Fall Festival


Courtesy of Los Altos Chamber of Commerce
The petting zoo is a highlight of the Los Altos Fall Festival. This year’s event is slated Oct. 4 and 5.

The Los Altos Chamber of Commerce has scheduled its 23rd annual Fall Festival 10 a.m. to 5 p.m. Oc...

Read more:

Loading...

Sports

Burlingame bowls over Los Altos

Burlingame bowls over Los Altos


Ellie Van Houtte/Town Crier
Los Altos High halfback Sean Lanoza looks for running room against Burlingame in Saturday’s home opener.

The opening drive of Saturday’s game against Burlingame couldn’t have gone much better for the Los Altos High fo...

Read more:

Loading...

Comment

Does Los Altos have a parking problem, or is it a symptom? : Other Voices

Yes, and yes. It appears that the downtown Los Altos parking problem is a symptom of the city’s “Sarah Winchester” approach to planning that instead of resulting in staircases to nowhere resulted in a hotel without parking required by code.(1)

From ...

Read more:

Loading...

Special Sections

Los Altos landmark Four families later, Shoup House goes on the market

Los Altos landmark Four families later, Shoup House goes on the market


Courtesy of Matthew Anello
The Shoup House dining room, above, features original elements. The 100-year-old house on University Avenue earned a spot on the National Register of Historic Places, a nod to its legacy as the home of city founder Paul S...

Read more:

Loading...

Business

Longtime banker readies for retirement

Longtime banker readies for retirement


Ellie Van Houtte/Town Crier
Joanne Kavalaris is retiring at the end of October after spending the past 25 years of her banking career in downtown Los Altos.

A longtime Los Altos banker is calling it a career in a few weeks.

Joanne Kavalaris, Bank o...

Read more:

Loading...

Books

A woman's perspective on the Greatest Generation

A woman's perspective on the Greatest Generation


During World War II, Virgilia Short Witzel, a young mother and U.S. Navy officer’s wife, grappled on the home front in Menlo Park with wartime rationing, shortages and loneliness. During the ensuing Cold War, she experienced adventure and misadventur...

Read more:

Loading...

People

VINCENT (TIM) MURPHY JR.

VINCENT (TIM) MURPHY JR.

July 27, 1953 – August 12, 2014

Native Los Altan died Medford, OR. Graduated Bellarmine Prep. Married Josephine Domino, 1950. Licensed Auto Mechanic, Private Pilot, skilled Computer Scientist. Tim “could fix anything”. Afflicted with cancer 2001. ...

Read more:

Loading...

Travel

Taking a Turkey trek: Winging it during the World Cup

Taking a Turkey trek: Winging it during the World Cup


Rich Robertson/Special to the Town Crier
The sun sets over the Aegean Sea in Bodrum, Turkey, left.

Tours that whisk you from Istanbul to Bodrum in 11 days are as plentiful as souvenir hawkers in Turkey, but traveling from the Blue Mosque to Topkapi ...

Read more:

Loading...

Stepping Out

Pear builds wonderful 'House'

Pear builds wonderful 'House'


J. Smith/Special to the Town Crier
Betsy Kruse Craig portrays Trish in the Pear Avenue Theatre production of “House,” which closes Oct. 5.

Mountain View’s Pear Avenue Theatre is staging an unusual theater-going experience – producing two plays...

Read more:

Loading...

Spiritual Life

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 add ...

Read more:

Loading...

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.

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