Tue09022014

News

A flood of candidates seek seats on high school board

Two incumbents and five newcomers are vying for seats on the Mountain View Los Altos Union High School District Board of Trustees – a significant increase in the number of candidates who have run over the past 10 years.

According to data from the Sa...

Read more:

Loading...

Schools

One more candidate joins MVLA race

When longtime incumbent Judy Hannemann declined to run again, the deadline to file for the upcoming Mountain View Los Altos Union High School District Board of Trustees election was extended by a few days. Mountain View resident Sanjay Dave registere...

Read more:

Loading...

Community

CSA salutes 'Hometown Heroes' at breakfast

CSA salutes 'Hometown Heroes' at breakfast


Mendoza

The Community Services Agency’s 2014 “Hometown Heroes” fundraising breakfast is scheduled 7:15 a.m. Sept. 19 at the Computer History Museum, 1401 N. Shoreline Blvd., Mountain View.

“Hometown Heroes” honors individuals and businesses for...

Read more:

Loading...

Sports

No suit, no sweat

No suit, no sweat


Courtesy of the Gallagher Family
Joe Gallagher – a 12-year-old from Los Altos Hills – swims from near Alcatraz Island to the San Francisco shore. His uncle, Joe Locke, an accomplished open-water swimmer, accompanied him.

For his recent s...

Read more:

Loading...

Comment

Back to school, back to thumbs: Editorial

The kids are back in class at our local schools and a new political campaign season is underway, so we have our thumbs out and ready to go.

Thumbs-up: To last week’s community workshop for rebuilding the Los Altos Community Center. The Aug. 19...

Read more:

Loading...

Business

Sweet Shop celebrates five-year anniversary

Sweet Shop celebrates five-year anniversary


Ellie Van Houtte/Town Crier
The Sweet Shop at 994 Los Altos Ave. marks its fifth year in business Sept. 7. The shop is a popular after-school stop for families and students.

When Stacy Savides Sullivan opened the Sweet Shop at 994 Los Altos...

Read more:

Loading...

Books

"Jack London" chronicles author's adventurous life


Much has been written about American author Jack London, primarily known for his early-20th-century Western adventure novels, including the classics “White Fang” and “The Call of the Wild.”

In Earle Labor’s biography of the literary icon, “Jac...

Read more:

Loading...

People

JEFF JOHNSON

JEFF JOHNSON

Jan 10, 1967 - Aug 10, 2014

Jeff was born and raised in Los Altos. He was a graduate of Los Altos High School. He then went to Foothill College where he had an opportunity to spend 3-months in Europe through a study abroad program. That experience...

Read more:

Loading...

Travel

Visiting Vancouver Western Canada's premier destination has much to offer

Visiting Vancouver Western Canada's premier destination has much to offer


Photos courtesy of TOURISM VANCOUVER
Outdoor adventures abound in and around Vancouver, including a boat excursion into Horseshoe Bay and a jaunt on the Cliffwalk at Capilano Suspension Bridge Park, among the most popular attractions in British Col...

Read more:

Loading...

Stepping Out

'Water' rises in Mtn. View

'Water' rises in Mtn. View


Kevin Berne/Special to the Town Crier
Elliot (Miles Gaston Villanueva) struggles to understand Odessa’s (Zilah Mendoza) online activity in TheatreWorks’ regional premiere of the award-winning drama “Water by the Spoonful.”

TheatreWorks’ regiona...

Read more:

Loading...

Spiritual Life

Spiritual Briefs

Meditation group meets at Foothills Congregational

A Weekly Meditation Practice group meets 7-8:15 a.m. Tuesdays at Foothills Congregational Church, 461 Orange Ave., Los Altos.

Read more:

Loading...

Magazine

Los Altos Hills home showcases resort-inspired living

Los Altos Hills home showcases resort-inspired living


Courtesy of Spectrum Interior Design
In place of a more traditional fireplace, this modern living room features a linear-flame firebox that emits heat while offering a sculpturelike design element.

After traveling the world and visiting a host o...

Read more:

Loading...

Fed action boosts stock market

With the economy showing signs of improvement, the Federal Reserve started its stimulus pullback and Wall Street investors went crazy, pushing up the Dow Jones industrial average nearly 300 points Dec. 18.

The Fed will trim its $85 billion monthly bond purchases by $10 billion beginning in January and keep long-term rates down. By keeping rates down, the Fed indicates its support of stocks that pay a much larger yield than bonds, including utilities and telecoms.

The stock market has enjoyed a wonderful 2013, fueled by the Fed’s low rate policy. Keeping rates low through bond purchases helps maintain low interest rates, which encourages borrowing and spending.

In his recent press conference, Fed Chairman Ben Bernanke said he could foresee the bond-purchasing program coming to an end altogether by late next year. However, we are hopeful the economy will continue to show progress. In an effort to keep market rates stable, the Fed will be in no hurry to raise short-term interest rates.

Two Town Crier “50” stocks made news recently.

• Intel Corp. (INTC; $25.18) was included in Barron’s “10 Favorite Stocks for 2014.” Barron’s reasoned that the chip giant could surprise Wall Street next year as concerns about personal computers begin to fade.

There are signs the PC market is bottoming, and Intel is moving aggressively into tablets and smartphone chips. Its manufacturing shift might pay off with chips that have faster processing speeds and lower power needs.

At $24, Intel stock trades for 13 times projected 2014 earnings of $1.90 a share and yields a dividend of 3.7 percent. Numerous analysts view Intel as a buy. Credit Suisse analyst John Pitzer sees Intel earning $2.50 in a few years, with a $30 price target.

• Safeway Inc. (SWY; $32.86) will get competition from Amazon, as the world’s largest online retailer plans to expand its grocery delivery business in Safeway’s backyard.

Safeway – a Fortune 100 company and one of the largest food and drug retailers in North America based on sales – operated 1,406 stores in the U.S. with annual sales of $37.5 billion in 2012.

Earlier this year, Safeway announced its decision to exit the Chicago market and redouble its efforts in operating areas where business is stronger. In November, Safeway reported that the company had completed the sale of assets of Canada Safeway to a wholly owned subsidiary of Empire Co. Ltd.

The Pleasanton-based company’s board of directors met recently and declared a regular cash dividend of 20 cents per share payable Jan. 9 for stockholders who owned the stock Dec. 19.

Deutsche Bank in September upgraded Safeway stock to a buy after a prior hold. The majority of analysts suggest a hold. The median target price for Safeway stock is $35, with a high of $45.

Clyde Noel is a Los Altos Hills resident and longtime investor in stocks.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos