Wed10222014

News

Council hosts study session on downtown parking garage

Council hosts study session on downtown parking garage


Ellie Van Houtte/Town Crier
The Los Altos City Council continues to explore options to address parking constraints in the downtown triangle.

The Los Altos City Council last week held the first of two study sessions to discuss the potential construct...

Read more:

Loading...

Schools

LAHS Science and Technology Week features medical examiner

LAHS Science and Technology Week features medical examiner


Ellie Van Houtte/Town Crier
A Los Altos High School student learns how to use robotic surgical equipment at the school’s Science and Technology Week event last year. Students can also attend hands-on presentations at this year’s event, w...

Read more:

Loading...

Community

Ahoy, matey: Pirate Manor ramps up Halloween display

Ahoy, matey: Pirate Manor ramps up Halloween display


Town Crier File Photo
Pirate Manor is once again scheduled to arrive in the front yard of Dane and Jill Glasgow’s home on Manor Way in Los Altos, just in time for Halloween.

Although not the Walking Dead, pirate skeletons have been brought to li...

Read more:

Loading...

Sports

Lancers rule the pool against Spartans

Lancers rule the pool against Spartans


Ellie Van Houtte/Town Crier
St. Francis High’s Eric Reitmeir launches the ball over Mountain View High driver David Niehaus (2) and goalie Kenny Tang. The host Lancers won Friday’s non-league game 9-3.

There wasn’t a lot on the line Friday when ...

Read more:

Loading...

Comment

Reeder, Fung for El Camino HCD: Editorial

The good news for the El Camino Healthcare District (formerly the El Camino Hospital District, for those still getting used to the new name) is that there is a contested election Nov. 4 for the district’s board of directors. Three candidates are runn...

Read more:

Loading...

Special Sections

Plant-based diet offers benefits

Plant-based diet offers benefits


Photo by Ramya Krishna
Los Altos resident Nandini Krishna prepares a meat-free dish According to author Caldwell B. Esselstyn Jr., M.D., a plant-based diet can help prevent cancer.

Shirley Okita of Los Altos has found that adhering to a mostly plant...

Read more:

Loading...

Business

New shop offers haute couture for girls

New shop offers haute couture for girls


Ellie Van Houtte/Town Crier
The Girls @ Los Altos at 239 State St. offers clothing lines such as Nellystella as well as toys and other items for girls.

Cecilia Chen opened The Girls @ Los Altos as a tribute to the party dress. Whether it’s for...

Read more:

Loading...

Books

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book


Ellie Van Houtte/Town Crier
Mimi Sommers, who works at a Los Altos dentist’s office, recently wrote a children’s book.

A local dental hygienist recently published a book that aims to ease parents and children during a sometimes anxious e...

Read more:

Loading...

People

BARBARA DARLING MERIDETH

1946-2014

Born in Palo Alto, raised in Los Altos, retired in southern Oregon. Survived by Peter James Merideth, sons Matthew, Jacob and John Merideth, the loves of her life.

She was a housewife who took great pride in her home, her surroundings and...

Read more:

Loading...

Travel

Falling leaves: Four places in California to see autumn colors

Falling leaves: Four places in California to see autumn colors


Courtesy of Castello di Amorosa
Castello di Amorosa in Calistoga, above, boasts a beautiful setting for viewing fall’s colors – and sampling the vineyard’s wines.

Yes, Virginia, there is fall in California.

The colors pop out in...

Read more:

Loading...

Stepping Out

'Sleepy Hollow' awakens at Bus Barn

'Sleepy Hollow' awakens at Bus Barn



Los Altos Youth Theatre’s production of “The Legend of Sleepy Hollow,” a musical based on Washington Irving’s classic story, is set to run through Nov. 2 at Bus Barn Theater. The cast comprises 27 young actors, directed by Cindy Powell. Courtesy o...

Read more:

Loading...

Spiritual Life

Magazine

Local events add color to autumn calendar

Local events add color to autumn calendar


Van Houtte/town crier Visitors make their way through the Children’s Alley.

As Los Altos’ signature Chinese Pistache trees exchange their summer green for vibrant hues of yellow, orange and red in the fall, an abundance of local events also ad...

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