Tue01272015

Schools

MVLA revisits prospect of ninth-grade PE exemptions

MVLA revisits prospect of ninth-grade PE exemptions


Ellie Van Houtte/Town Crier
The Mountain View Los Altos Union High School District Board of Trustees is scheduled to vote on a proposal to exempt ninth-grade student-athletes from taking PE. Students take part in a physical education class at Mount...

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Community

Midnight Express offers late-night rides from SF

Midnight Express offers late-night rides from SF


From Midnight Express Instagram
A group of millennial-aged Santas celebrating a night on the town prepare for a safe ride from San Francisco to their South Bay homes, courtesy of Cory Althoff’s new Midnight Express shuttle.

It’s no understatemen...

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Comment

More open than ever: Editorial

One of the Los Altos City Council’s objectives for 2015 is implementing an open-government policy. The title of the policy may be somewhat misleading, because it’s not as if the city has had a closed-government policy. But the new proposal goes beyon...

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Business

Cassidy Turley, DTZ plan to combine

Cassidy Turley, DTZ plan to combine


Ellie Van Houtte/Town Crier
Cassidy Turley, which has offices at 339 S. San Antonio Road, is combining with DTZ following its recent acquisition.

Commercial real estate services companies DTZ and Cassidy Turley have joined forces to operate as a sin...

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Books

Gawande's

Gawande's "Being Mortal" proves an important book on aging


Books about death and dying are usually not on my list of “must reads.”

I couldn’t resist, however, the best-selling “Being Mortal: Medicine and What Matters in the End” (Metropolitan Books, 2014) by Atul Gawande.

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People

JUDY HOFFMANN

JUDY HOFFMANN

Judy Hoffmann passed away unexpectedly October 17, 2014 in New York City. It was only fitting Judy would be traveling and enjoying special adventures in so many different places until the very end.

Judy has lived since 1969 in Los Altos with her h...

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Travel

Cuban photographer slated to appear at Foothill

Cuban photographer slated to appear at Foothill


Courtesy of Raúl Cañibano
Cuban photographer Raúl Cañibano is set to appear at Foothill College tonight. His work – including the image “Series: Guajira’s Land, Viñales, 2007,” right – is on display at the KCI Gallery t...

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Stepping Out

TheatreWorks launches '2 Pianos' in Mtn. View

TheatreWorks launches '2 Pianos' in Mtn. View


Suellen Fitzsimmons/Special to the Town Crier
Christopher Tocco stars in TheatreWorks’ “2 Pianos 4 Hands,” which opened last week.

TheatreWorks’ production of “2 Pianos 4 Hands” is scheduled to run through Feb. 15 at the Mountain View Center fo...

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Spiritual Life

Start something great by ringing in the new year with prayer

There is a tradition, which I’m told originates in the Midwest, that calls for people to pray in the new year. A few years ago, I was invited to a friend’s house and a number of people stayed up until midnight (approximately two hours pa...

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Magazine

Christmas At Our House home tour celebrates 26 years

Christmas At Our House home tour celebrates 26 years


Courtesy of Christopher Stark
Homes on the St. Francis High School Women’s Club’s Christmas at Our House Holiday Home Tour showcase a variety of architectural styles.

The days grow short on sunshine but long on nostalgia as the holidays approach...

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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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