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News

Street crack-sealing project begins Monday, May 4

The City of Los Altos is beginning a city-wide street crack-sealing project on Monday (May 4).

City officials said the traffic impact for this project will be minimal. No streets will be closed and vehicles can resume normal traffic flow shortly aft...

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Schools

Homestead students use projects  to solve environmental problems

Homestead students use projects to solve environmental problems


Alisha Parikh/Special to the Town Crier
Homestead High School junior Maya Dhar, a Los Altos resident, left, and classmate Carolyn MacDonald support the school’s AP Environmental Science classes at the Arbor Day Festival April 23.

As summer app...

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Community

CHAC appoints new leader

CHAC appoints new leader

Naomi Nakano-Matsumoto, LCSW, has been named the new executive director of the Community Health Awareness Council (CHAC). A seasoned nonprofit leader, Nakano-Matsumoto is scheduled to assume duties July 1. She takes over for outgoing executive direct...

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Sports

St. Francis swimmers shine

St. Francis swimmers shine


Megan V. Winslow/Town Crier
St. Francis High’s Benjamin Ho competes against Sacred Heart Cathedral Thursday. The junior swam on all three victorious relays at the home meet, which the Lancers won easily.

Flexing its power in the pool, host St....

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Comment

Halsey House deserves preservation: Other Voices

Halsey House deserves preservation: Other Voices


Many contributing supporters to the Friends of Historic Redwood Grove believe that the Halsey House, designated a historic landmark by the Los Altos City Council in 1981, deserves to be saved and renovated for adapted use by the community.

Set in ...

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Special Sections

Sneaky shots: A photographer’s guide to capturing the proposal

Sneaky shots: A photographer’s guide to capturing the proposal


Elliott Burr/Special to the Town Crier
A stealthy photographer scouts locations ahead of time to find not just a place to perch, but also the ideal position for the subjects.

It’s showtime.

You’re about to ask the person in front of...

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Business

Pharmaca celebrates grand opening over weekend

Pharmaca celebrates grand opening over weekend


Megan V. Winslow/Town Crier
Pharmaca is coming to 400 Main St. with a grand-opening celebration scheduled Saturday and Sunday.

If natural health and beauty products are your cup of tea, expect to find them – and hot tea – this weekend at the gran...

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Books

People

JANE BUTTERFIELD PRINGLE LYND

JANE BUTTERFIELD PRINGLE LYND

October 30, 1924 - April 8, 2015

Jane Butterfield Pringle Lynd, daughter to Liebert and Elise Butterfield of San Francisco, passed away quietly at her home in Palo Alto surrounded by her family, following a short illness. Jane was a proud third ge...

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Travel

Cuba libre: Local residents join mad rush of travelers

Cuba libre: Local residents join mad rush of travelers


Natalie Elefant/Special to the Town Crier
Los Altos resident Natalie Elefant noted the vibrant street performances as a traveler in Cuba.

The U.S. restored diplomatic relations with Cuba late last year, enabling Americans to import $100 worth of cig...

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Stepping Out

'Birds' landing in Mtn. View

'Birds' landing in Mtn. View


Ray Renati/Special to the Town Crier
The Pear Avenue Theatre production of Paul Braverman’s “Birds of a Feather” stars Troy Johnson as mafia boss Sean Kineen, left, and Diane Tasca as private eye Frankie Payne.

Pear Avenue Theatre’s world premi...

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Spiritual Life

Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

Up to the challenge: Local leaders unite to help at-risk youth

Up to the challenge: Local leaders unite to help at-risk youth


Courtesy of Challenge Team
Jeanette Freiberg, bottom of pile, has fun with family members. The Challenge Team named Freiberg, a student at Mountain View High School, its 2015 Youth Champion.

There’s an ongoing joke among members of the Challenge...

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Making predictions is losers

When the Federal Reserve trimmed its aggressive bond-buying program last month, it determined the way stocks should go in the near future.

When Fed officials suggested that the key interest rate would stay near rock bottom longer than promised, it proved a plus for the economy and the labor market.

Making stock market predictions is a game for losers because the market forges its own direction and change is the one constant for investors.

Many top Wall Street analysts see a sense of normalcy returning to the financial markets in 2014. As the Fed reduces its monthly bond buying, interest rates will edge higher. Fed officials said they would consider a plan to raise short-term rates once unemployment drops to 6.5 percent from the current 7 percent.

Inflation is expected to remain low, with a 1.7 percent increase forecast for the Consumer Price Index in 2014. The Fed’s inflation projection is 2 percent, which could change the investment climate.

As interest rates begin to climb, it becomes important to avoid utilities, financials and telecom stocks.

In 2014, investors concerned about a correction will bail out of stocks at the first sign of trouble, and the bears will start a downward price trend.

The bulls, meanwhile, are sitting on the fence and will respond to the market moves and put more money into stocks, driving prices higher.

The coming year will be the year for volatility, and astute investors should play the game without becoming frustrated with daily up-and-down prices.

A Town Crier “50” stock recently made headlines.

LSI Corp. (LSI; $10.99), the San Jose-based maker of storage chips used in data centers and flash drives, agreed to be sold to Avago Technologies Ltd. last month.

The Singapore-based Avago paid $6.6 billion in cash. Both boards have agreed to the transaction, scheduled to close in the the next few months. The purchase price amounted to $11.15 per LSI share.

LSI President and CEO Abhi Talwalkar said the deal provides “immediate value to our stockholders and offers new growth opportunities for our employees to develop a wider range of leading-edge solutions for customers.”

LSI, founded in 1981, has approximately 5,000 employees and annual sales in the $2.5 billion range.

The LSI acquisition is the second transaction of its kind in the industry. Earlier in 2013, Applied Materials Inc. purchased Tokyo Electron Ltd.

Analysts foresee more chipmakers in Silicon Valley consolidating their operations. Sergis Mushell of research firm Gartner Inc. said he thought that LSI had been looking for a buyer for some time.

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

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