Mon07282014

News

Downtown green park pops up again in August

Downtown green park pops up again in August


Ellie Van Houtte/Town Crier
The Third Street Green debuts Aug. 3 on the 300 block of State Street in downtown Los Altos.

Another temporary park is poised to pop up in downtown Los Altos this summer.

According to Brooke Ray Smith, community devel...

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Schools

MVLA rolls out laptop integration this fall

MVLA rolls out laptop integration this fall


Town Crier File Photo
Starting in the fall, daily use of laptops in the classroom will be standard operating procedure for students at Los Altos and Mountain View high schools as the Mountain View Los Altos Union High School District launches a pil...

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Community

Generations blend behind the scenes at 'Wizard of Oz'

Generations blend behind the scenes at 'Wizard of Oz'


Altos Youth Theatre and Los Altos Stage Company rehearse a scene from “The Wizard of Oz.” ELIZA RIDGEWAY/ TOWN CRIER

A massive troupe of young people and grownups gathered in Los Altos this summer to stage the latest iteration of a childhood sta...

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Sports

Football in July

Football in July


Town Crier file photo
Mountain View High’s Anthony Avery is among the nine local players slated to play in tonight’s Silicon Valley Youth Classic.

Tonight’s 40th annual Silicon Valley Youth Classic – also known as the Charlie...

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Comment

Pools should be included: Editorial

Los Altos residents should be receiving calls this week from city representatives conducting a survey to determine priorities for a revamped Hillview Community Center.

Notice that we did not say “civic center” – chastened by a lack of public support...

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Special Sections

Looking for life without lows, local diabetic tests artificial pancreas

Looking for life without lows, local diabetic tests artificial pancreas


Photo by Ellie Van Houtte/Town Crier
Dr. Trang Ly, left, reviews blood sugar readings on a smartphone with Los Altos resident Tia Geri, right, and fellow participant Noa Simon during a closed-loop artificial pancreas study for Type 1 diabetics.
...

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Business

Palo Alto law firm coming to 400 Main

Palo Alto law firm coming to 400 Main


Ellie Van Houtte/ Town Crier
Longtime Palo Alto law firm Thoits, Love, Hershberger & McClean plans to open an office at 400 Main St. in Los Altos after construction is complete in November.

A longtime Palo Alto law firm plans to expand int...

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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

RICHARD PATRICK BRENNAN

RICHARD PATRICK BRENNAN

Resident of Palo Alto

Richard Patrick Brennan, journalist, editor, author, adventurer, died at his Palo Alto home on July 4, 2014 at age 92. He led a full life, professionally and personally. He was born and raised in San Francisco, joined the Arm...

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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

PYT stages 'Shrek'

PYT stages 'Shrek'


Lyn Healy/Spotlight Moments Photography
Dana Cullinane plays Fiona in Peninsula Youth Theatre’s “Shrek The Musical.”

Peninsula Youth Theatre presents “Shrek The Musical” Saturday through Aug. 3 at the Mountain View Center for the Performing Arts...

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Spiritual Life

Foothills Congregational: 100 years and counting

Foothills Congregational: 100 years and counting


Courtesy of Carolyn Barnes
The newly built Los Altos church in 1914 featured a bell tower and an arched front window. Both continue as elements of the building as it stands today.

Foothills Congregational Church – the oldest church building in L...

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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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