Sun09142014

News

Council approves directional signs for Los Altos' Woodland Plaza

Council approves directional signs for Los Altos' Woodland Plaza


Ellie Van Houtte/Town Crier
The Los Altos City Council last week approved the installation of two new directional signs on Foothill Expressway pointing motorists to the Woodland Plaza Shopping District.

The Los Altos City Council voted unanimou...

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Schools

New head of curriculum’s ideologies align with LASD

New head of curriculum’s ideologies align with LASD


Ellie Van Houtte/Town Crier
Edsel Clark, new Los Altos School District assistant superintendent for curriculum and instruction, above, facilitates a junior high mathematics curriculum meeting last week.

Edsel Clark, Ed.D., new assistant superintend...

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Community

Closing reception caps Foothill photo show on rural China

Closing reception caps Foothill photo show on rural China


From IncredibleTravelPhotos.com
Jacque Kae’s “Mischievous” is one of the many photographs on display at Foothill College this month.

Photographs of the land and culture of Huangshan and Zhangjiajie, China, are on exhibit through Sept. 26 at t...

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Sports

Spartans shine in opener

Spartans shine in opener


Ellie Van Houtte/Town Crier
Mountain View High’s Frank Kapp snares a touchdown pass from quarterback Owen Mountford in Friday’s win.

Leading by a point at halftime, the Mountain View High football team outscored visiting Del Mar 20-0 the rest of...

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Comment

A look ahead to the Nov. 4 election: Editorial

Election season is upon us. In Los Altos, we have three major local races ahead – two seats on the Los Altos City Council, and three seats each on the Los Altos School District and Mountain View-Los Altos Union High School District boards of tr...

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Special Sections

Renovation complete,  Villa Siena looks to future

Renovation complete, Villa Siena looks to future


Above and Below Photos Ellie Van Houtte/Town Crier; Left Photo Courtesy of Villa Siena
Villa Siena in Mountain View recently underwent a $35 million face-lift. The five-year project expanded their senior living community’s space and ability to serv...

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Business

Transitioning from postage to pets

Transitioning from postage to pets


Ellie Van Houtte/Town Crier
A new Pet Food Express store is scheduled to open at the Blossom Valley Shopping Center this month.

A site that previously existed to meet postal service needs will soon have an entirely different purpose – serving pe...

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Books

‘The Humans’ transcends alien genre to glean human insights

‘The Humans’ transcends alien genre to glean human insights


A good story about aliens is always great fun to read – after all, it’s only by attempting to understand the human race from another perspective that we can see ourselves more objectively.

But readers who might be tempted to dismiss ye...

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People

JEANNE PACKARD

After suffering a stroke in May, Jeanne Packard died August 10, 2014 at age 83. She was born in 1931 in Berlin, Germany, the only child of Emily Channel and Frank Howe Packard of Chicago, IL. Jeanne is survived by 5 great grandchildren. She was a lon...

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Travel

LA photographer spends a night with cranes – and moose – in Alaska

LA photographer spends a night with cranes – and moose – in Alaska


Sandy Powell/Special to the Town Crier
Los Altos resident and bird photographer Sandy Powell recently visited Homer, Alaska, to photograph Sandhill cranes, below. While there, Powell also encountered moose, left.

Los Altos resident Sandy Powell, a...

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Stepping Out

'Trailer Park' opens in Los Altos

'Trailer Park' opens in Los Altos


Courtesy of Los
The cast of Los Altos Stage Company’s “The Great American Trailer Park Musical” includes, from left, Mylissa Malley as Lin, Vanessa Alvarez as Betty, and Christina Bolognini as Pickles. Altos Stage Company

Los Altos Stage Company...

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Spiritual Life

9/11 survivor Michael Hingson finds purpose

Imagine walking down 78 flights of stairs – 1,463 individual steps. You are in imminent danger as you walk, unsure whether you can make it out of the building before it collapses or explodes. Struggling for each breath, you smell the heavy sten...

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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...

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The market is bucking like a bronco

With the stock market down again last week as January came to a close, it set the tone for the Year of the Horse, which could be a contrary and unpredictable year. It will certainly be a volatile and bucking year for the horse.

Since World War II, when the market is down in January, the average usually remains flat in the following 11 months. This trend runs counter to many analysts’ forecasts this year, which predict that the market will rise by the end of 2014.

While the decline is a correction in an ongoing bull market, the sharpness of the drop raises questions for the bulls: How much further will the market drop? and What should I do now?

Holding some ready cash on the sidelines is not a bad idea. If you need extra cash in the future to weather a storm, raise it now, but don’t stop looking for new buying opportunities.

Two Town Crier “50” stocks recently announced their quarterly results.

• Yahoo Inc. (YHOO; $34.80) reported last week that it beat expected earnings for the latest quarter. CEO Marissa Mayer said the company has finally regained its stride, but the revenue is not where she wants it.

Yahoo reported $348 million in profit, or 33 cents per share for the quarter ending Dec 31, up 28 percent from a year earlier. But revenue fell from $1.35 billion to $1.26 billion, dropping 6 percent in the fourth quarter, the same rate of decline as the rest of 2013, primarily because sales decreased in the advertisement segment.

Yahoo’s earnings are on the rise under Mayer’s leadership because of cost-cutting measures and investments in two Asian Internet companies. The income from the Asian investments accounted for nearly two-thirds of the company’s earnings for the quarter.

Mayer explained that the hiring of executive Henrique de Castro had not produced an improvement in Yahoo’s ad business, which contributed to his departure. The company has no plans to replace him. Mayer also introduced new ad programs and said she would become more involved in the company’s ad business.

Most analysts downgraded Yahoo stock from a buy to a hold, with a single analyst upgrading it to a buy. The median target price is $40, with a high of $52.

• Symantec Corp. (SYMC; $20.74) Jan. 29 announced a 5 percent drop in quarterly revenue, attributed to the worldwide decline in personal computer sales. After the bell, the shares lost 3 percent and fell to $23.72 in extended trading and continued to fall Thursday.

The fiscal fourth quarter recorded sales of $1.62 billion, though analysts had projected $1.64 billion. Symantec faces increasing competition from FireEye Inc. and Palo Alto Networks. The market for security software and equipment should increase 9.1 percent to $71.7 billion, according to researcher Gartner Inc.

The Mountain View-based company reported that its net income in the fiscal third quarter rose 31 percent to $283 billion, or 40 cents per share, from $216 billion, or 31 cents per share previously.

President and CEO Steve Bennett cut approximately 1,000 jobs last year and reorganized the sales division to focus on new business and eliminate old products.

He said the company plans to revamp its product portfolio with a new product delivery that would extend into the cloud infrastructure platform and global security network.

Analysts’ upgrade and downgrade history has been scant, with numerous reporting Symantec as a market-perform stock. The median target price is $26, with a high of $33.

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

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