Fri04182014

News

City chips in $7,000 for SFMOMA installation

City chips in $7,000 for SFMOMA installation


Town Crier File Photo
The Los Altos City Council earmarked $7,000 for the purchase of Chris Johanson’s artwork.

The city of Los Altos will contribute $7,000 toward the purchase of a $28,000 art installation featured in the San Francisco Museum...

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Schools

LASD students celebrate service learning

LASD students celebrate service learning


Courtesy of Sandra McGonagle
We Day, held March 26 at Oracle Arena in Oakland, exhorts students in the Los Altos School District to effect positive change.

More than 150 Los Altos School District student leaders joined 16,000 Bay Area students to ce...

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Community

Film career launches with Cannes screening

Film career launches with Cannes screening


Courtesy of Zachary Ready
Los Altos native Zachary Ready, front left, and co-director Andrew Cathey, right, celebrate their Campus MovieFest awards.

After learning the art of filmmaking as a child in the front yard of his family’s Los Altos home...

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Sports

Sports on the Side

Pathways Run/Walk slated May 10 in Hills

The 13th annual Pathways Run/Walk is scheduled 9 a.m. May 10 at Westwind Community Barn, 27210 Altamont Road, Los Altos Hills. The course wends through Byrne Preserve and onto the Los Altos Hills Pathways sys...

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Comment

Now is the time to expand parking: Editorial

Just a few short years ago, vacancies dotted downtown Los Altos. Property owners had a hard time attracting businesses because there was a shortage of customers. That is no longer true. Now, the cry is: Where are my customers going to park?

The city...

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Special Sections

Epicurean's Mary Clark Bartlett: Serving sustainability

Epicurean's Mary Clark Bartlett: Serving sustainability


Courtesy of Michael McTighe
Mary Clark Bartlett is founder and CEO of Los Altos-based Epicurean Group.

Labels such as “healthy,” “organic” and “green” are rarely used to describe the meals served in most corporate cafes in Silicon Valley. But on...

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Business

Local realtor honored for volunteer efforts

Local realtor honored for volunteer efforts


Ellie Van Houtte/Town Crier
Coldwell Banker recently recognized realtor Kim Copher, right, for her philanthropic efforts. Copher and colleague Alan Russell, left, volunteer at Reach Potential Movement, where they collect books for its Bookshelf in ...

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Books

Local Author Spotlight

In an effort to support authors from Los Altos, Los Altos Hills and Mountain View, many self-published, Book Buzz periodically spotlights their books and offers information on where to purchase them. Local authors are encouraged to submit brief summa...

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People

Noteworthy

RotaCare honors local volunteer

RotaCare Bay Area honored Jim Cochran of the RotaCare Mountain View Free Medical Clinic with the Outstanding Clinic Volunteer Award April 10 for his commitment to RotaCare’s mission of providing free medical care to t...

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Travel

Sausalito: Explore the historical city with world-class views

Sausalito: Explore the historical city with world-class views


Eren Göknar/ Special to the Town Crier
Sausalito offers panoramic views of the San Francisco Bay. A number of companies schedule boat tours that sail past Angel Island and Alcatraz.

On a clear day, Sausalito offers spectacular views of the San Franc...

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Stepping Out

Western Ballet performs this weekend  at Smithwick Theatre in Los Altos Hills

Western Ballet performs this weekend at Smithwick Theatre in Los Altos Hills


Courtesy of Alexi Zubiria
Western Ballet’s “La Fille Mal Gardée” features Alison Share and Maykel Solas. The production runs Friday and Saturday at Foothill College

Western Ballet is slated to perform “La Fille Mal GardéeR...

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Spiritual Life

Magazine

A yoga class a day keeps the stress away

A yoga class a day keeps the stress away


Van Houtte/Town Crier Yoga of Los Altos hosts a variety of classes, including Strong Flow Vinyasa, above, taught by Doron Hanoch. Yin Yoga instructor Janya Wongsopa guides a student in the practice, below.

It’s nearly 9 a.m. on a Monday mornin...

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The political-economy blues continue

Although the sniping between Democrats and Republicans raged last week, it didn’t seem to hurt the market – the Dow Jones industrial average topped 15,000 again. Investors understand the dire impact of the impasse, but many believe the odds of the first U.S. debt default are still slim.

News that President Barack Obama appointed Janet Yellen to succeed Federal Reserve Chairman Ben Bernanke apparently softened the impact of the turmoil on Wall Street, as she is expected to continue Bernanke’s easy-money policies.

This week, political antics in the nation’s capital will not determine the course of the market – corporate earnings will. Thirty-one companies on the S&P 500 index are scheduled to declare their third-quarter earnings early in the week, so look for volatility in market prices. Stocks tend to be most volatile around earnings season, when a good or bad report can make or break a stock.

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

• NetApp Inc. (NTAP; $41.81) remains optimistic that it will put in a strong performance in 2014, largely because of its multipronged cloud strategy.

The Sunnyvale-based firm engages in design, manufacture and marketing of networked storage solutions.

NetApp continues to forge a deeper relationship with Oracle Corp. to help organizations move their business-critical applications to private and public clouds, allowing them to “take full advantage of the agility, scalability and efficiency that the cloud enables,” according to a NetApp press release.

In a recent move, Cisco Systems Inc. acquired NetApp rival WHIPTAIL, which could eliminate a Cisco move to purchase NetApp. The move has led several analysts to downgrade NetApp’s stock to neutral or underperform, as it now faces competitive challenges in coming months. The mean target price is $45, with a high of $53.

• Marvell Technology Group Ltd. (MRVL; $11.43) designs, develops and markets analog, mixed-signal processing for mobile and wireless products and provides a range of integrated data storage products, including hard-disk-drive products.

While the chipmaker has made some questionable decisions, including pursuing markets in areas like Chinese mobile and wireless, now is not the time for investors to abandon the stock, according to an analyst at TheStreet.com.

The bad news: Marvell has been mired in litigation since 2009, when Carnegie Mellon University charged that Marvell had intentionally infringed on its patents for hard-disk drives. Marvell lost the case and was ordered to pay $1.17 billion in damages. Marvell appealed the verdict and requested a new trial, which a judge last month denied. There is uncertainty here, and Wall Street hates uncertainty.

The good news: Google Inc. recently introduced Google Chromecast, which plugs into a TV and allows streaming content via Wi-Fi. Chromecast is powered by a Marvell component.

The most recent upgrade and downgrade history deems Marvell stock a hold or outperform, with several analysts recommending neutral. The mean target price is $13.31, with a high of $17.

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