Sat08022014

News

"Brown is the new green," says local water district


Lina Broydo/Special to the Town Crier
Are downtown Los Altos flower pots getting too much water? The Santa Clara Valley Water District plans to hire “water cops” to discourage overwatering.

The Santa Clara Valley Water District is spending nearl...

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Schools

Foothill camps prepare local students for STEM careers

Foothill camps prepare local students for STEM careers


Photos Ellie Van Houtte/Town Crier
Middle school students make robotic hands using 3-D printers during a STEM Summer Camp at Foothill College.

From designing roller coasters to developing biodegradable plastics, high school students received an i...

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Community

Local entrepreneur opens home to Afghan and Rwandan women

Local entrepreneur opens home to Afghan and Rwandan women


Ellie Van Houtte/Town Crier
Businesswomen Joan Mazimhaka of Rwanda, third from left, and Fakhria Ibrahimi of Afghanistan, in orange, traveled to the U.S. with a 26-woman delegation through the Peace Through Business program.

Employees scoop ice ...

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Comment

Moving on: The Rockey Road

Just over a month ago, we decided to put our house on the market. My husband and I had been tossing around the idea of moving back to the area where we grew up, which is only approximately 40 minutes from here. Of course, Los Altos is a great place t...

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Special Sections

Long live the lawn: Los Altos native offers drought-resistant strategies

Long live the lawn: Los Altos native offers drought-resistant strategies


Bill Steiner’s grass is green, left, even amid the drought. He followed Max Todd’s water and maintainence instructions after having his lawn aerated, Ellie Van Houtte/Town Crier

Green lawns are not necessarily on the endangered list during the d...

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Business

Halo heads to Los Altos: Blow-dry bar founder opens new First Street location Monday

Halo heads to Los Altos: Blow-dry bar founder opens new First Street location Monday


ElLie Van Houtte/ Town Crier
Armed with blow dryers, Halo founder Rosemary Camposano, left, and store manager Nikki Thomas prepare for the blow-dry bar’s grand opening on First Street Monday.

A blow-dry bar is set to open downtown Monday, and i...

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Books

"Frozen in Time" chronicles harrowing WWII rescue attempts


Many readers can’t resist a true-life adventure story, especially those that shine a spotlight on people who exhibit supreme courage in the face of adversity and end up surviving – or not – against the odds.

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People

DR. ALFRED HUGHES

Long time Los Altos resident, Dr. Alfred Hughes, died May 1st after a long illness. Dr. Hughes was born in 1927 in Maspeth, NY. He served in the US Army from 1945-6, attended Brooklyn Polytechnic University, then graduated from Reed College in Portla...

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Travel

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway


Courtesy of Ritz-Carlton
The Ritz-Carlton in Lake Tahoe offers fall getaway packages that include spa treatments and yoga classes.

Fall in North Lake Tahoe boasts crisp mornings and opportunities to spend quality time in the mountains. Specially ...

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Stepping Out

'Wizard' winds down at Bus Barn

'Wizard' winds down at Bus Barn


Town Crier file photo
Local actors rehearse a scene from “The Wizard of Oz.”

Los Altos Youth Theatre and Los Altos Stage Company’s collaborative production of “The Wizard of Oz” is slated to close Sunday at Bus Barn Theater, 97 Hillview Ave.

T...

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Spiritual Life

Stanford University appoints new dean for religious life

Stanford University appoints new dean for religious life


Shaw

Stanford University named the Very Rev. Dr. Jane Shaw, dean of Grace Cathedral in San Francisco, its new dean for religious life.

Provost John Etchemendy announced Shaw’s appointment July 21, adding that she also will join the faculty in...

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Magazine

Festival features fun for everyone

Festival features fun for everyone


TOWN CRIER FILE PHOTO
The Los Altos Arts & Wine Festival boasts more than 375 craft and arts booths.

This weekend’s 35th annual Los Altos Arts & Wine Festival promises to be jam-packed with fun activities for just about everyone. The eve...

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Stocks fall on politicians’ whims

Stocks continue to fall as investors focus on the risk that the U.S. government won’t be able to pay its bills after hitting its borrowing limit this week.

Stocks surged to an all-time high Sept. 18, after the Federal Reserve unexpectedly kept its bond-buying program intact, but the market stalled last week amid fears of the looming budget and debt-ceiling crises.

Bond yields have dropped sharply since the Fed’s decision to maintain its $85-billion-per-month monetary stimulus. Rate-sensitive utility stocks have performed nicely since the decision, while financials and cyclical stocks have underperformed.

Stocks are no longer cheap. Improved earnings growth is essential to fuel any meaningful gains, and investors must regain confidence in the government.

Two Town Crier “50” stocks scored headlines last week.

• Applied Materials Inc. (AMAT; $17.63) reported Sept. 24 that it plans to purchase rival Tokyo Electron Ltd. in an all-stock transaction valued at $9 billion.

The merger will produce a combined capitalization of approximately $29 billion. The move is intended to accelerate the development of equipment for production of semiconductors, solar panels and flat-panel display technology.

“We are creating a global innovator in precision materials engineering and patterning that provides our new company with significant opportunities to solve our customers’ problems better, faster and at a lower cost,” said Gary Dickerson, CEO of Applied Materials, the largest manufacturer of chip-making equipment.

As the shift from personal computers to mobile devices like smartphones and tablets continues, the parts that hardware developers need are changing. Analysts believe that the merger will give both companies access to markets and research not previously available.

The Santa Clara-based Applied Materials acquired telecommunications equipment maker Varian Semiconductor Equipment Associates Inc. in 2011. With the latest acquisition, both Applied Materials and Tokyo Electron look to expand their global market share.

The merging of the two companies aims to create “a global innovator” in semiconductor and display manufacturing technology, according to an Applied Materials press release.

“This combination ... brings together complementary leading technologies and products to create an expanded set of capabilities in precision materials engineering and patterning that are strategically important for customers,” the release stated.

• Agilent Technologies Inc. (A; $51.28), maker of scientific-testing equipment, has long straddled the divide between health care and technology. The Santa Clara-based company last week announced plans to split into two publicly traded companies. While it may be nearly a year before the split takes effect, investors cheered the news.

One company – devoted to life sciences, diagnostics and applied markets – will retain the Agilent name, and the other yet-to-be-named enterprise will comprise Agilent’s portfolio of electronic-measurement products.

“Agilent has evolved into two distinct investment and business opportunities, and we are creating two separate and strategically focused enterprises to allow each to maximize its growth and success,” said Bill Sullivan, Agilent president and CEO.

After the announcement, Agilent stock rose 6 percent, and ISI Group issued an upgrade from buy to strong buy.

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