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News

Los Altos Police nab alleged burglar, identity thief

Los Altos Police nab alleged burglar, identity thief

The Los Altos Police Department received a call from a local resident reporting a suspicious vehicle in the area of Lockhaven and Stonehaven drives in Los Altos at 9 a.m. Monday. The resident, who reported that his mail was possibly stolen, provided ...

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Schools

Former NFL player huddles with Blach students about life choices

Former NFL player huddles with Blach students about life choices


Ellie Van HOutte/Town Crier
Former NFL tight end Eason Ramson visited with Blach Intermediate School students, Feb. 13 to share the perils of drug use. Now a motivational speaker, Ramson works with at-risk teens in San Francisco.

Although former ...

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Community

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show

Chi Am Circle, Chef Chu's prove 'golden': Club sets fundraising goal of $200K for March fashion show


Courtesy of Bev Harada
Chi Am Circle members, from left, Gerrye Wong, Sylvia Eng, Pearl Lee and Muriel Kao flank Larry Chu Sr. at the Jan. 31 event honoring the club’s 50th and Chef Chu’s 45th anniversaries.

Chef Chu’s restaurant in Los Altos ho...

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Comment

Freedom's just another word: No Shoes, Please

It used to be that the word “freedom” held exclusively positive connotations for me, but now it’s really become a mixed bag. It all started in 2001 when President George W. Bush asked the question he felt was on the minds of most Americans regarding ...

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Special Sections

Filoli in bloom: Historic estate hosts  classes, events and tours

Filoli in bloom: Historic estate hosts classes, events and tours


Ellie Van Houtte/Town Crier
Scenes from Filoli: The historic estate in Woodside is a welcoming sanctuary for visitors. The grounds offer a rotating display of seasonal flowers, a tranquil reflecting pool and paths that wend through the 16-acre Engl...

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Business

Stock volatility still confusing

The market opened down more than 100 points Friday but by noon rose more than 130, the form of volatility that quickly draws investors’ attention. By week’s end, the Standard & Poor’s 500 index and the Dow Jones industrial aver...

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Books

French novel

French novel "Hunting and Gathering" offers character-driven suspense


Anna Gavalda is a well-known author in her native France, where she has published six books, most of which have met with considerable praise and commercial success. Her fourth novel, “Hunting and Gathering” (Riverhead Books, 2007), is filled ...

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People

CHRIS A. KENISON

CHRIS A. KENISON

Feb 13, 1945-Feb 6, 2015

Resident of Los Altos

Chris was born in Georgia and moved to Oklahoma as a young child. He grew up there and moved to California in 1965. He developed a strong work ethic from his grandparents and parents. He attended the...

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Travel

Seoul of the city: Korean capital offers mix of old and new

Seoul of the city: Korean capital offers mix of old and new


Ramya Krishna/Special to the Town Crier
Seoul’s Cheonggyecheon public recreation space, above, features an elevated pedestrian bridge.

Seoul, South Korea, is a study in contrasts. Having grown quickly, the city is a mix of old and new.

Using...

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Stepping Out

'Park' in the hills

'Park' in the hills


courtesy of Foothill Music Theatre
Dot (Katie Nix) imagines her dream job as a follies dancer in the Foothill Music Theatre production of “Sunday in the Park with George.” The play runs through March 8.

Foothill Music Theatre’s production of “Su...

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Spiritual Life

Is your thought life sabotaging your spiritual journey?

My computer started having problems – there seemed to be some sort of malware running in the background. At first it was just annoying, then it began to slow down my computer, interfering with its basic operations. What is it doing? Why can...

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Magazine

Local events serve up family fun

Local events serve up family fun


Courtesy of Peninsula Youth Theatre
Peninsula Youth Theatre’s production of “Pecos Bill: A Tall Tale” is slated to open March 20 in Mountain View.

For families seeking a break from the daily routine, events abound this month and next in Los Alto...

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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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