Thu05282015

Business & Real Estate

Markets flirt with new highs

A strong employment report helped lift the stock market Friday, even after U.S. Federal Reserve Chairwoman Janet Yellen reported that stock valuations “generally are quite high.”

The Dow Jones industrial average closed at 18,191.11 Friday, ending the week 0.9 percent higher. The Standard & Poor’s 500 index reached 2,116.09 – 28.09, or 1.4 percent, higher than the previous market close and a 0.4 percent gain for the week. Both are close to all-time highs and could march into record territory this week.

Read more...

Transactions

Los Altos

1505 Cedar Place, Hamilton Trust to S. Seshadri for $2,300,000

10 Deep Well Lane, Ravizza Trust to Kissner Trust for $2,145,000

Read more...

Ed center scores spot in Foothills Crossing


Alicia Castro/ Town Crier
C2 Los Altos tutor Max Shih, left, instructs Homestead High School student Rajesh Suresh.

Los Altos families have a new resource for helping their children ace the test.

C2 Los Altos – a recently opened education center in Foothill Crossing – provides tutoring for students in grades K-12 in all academic disciplines, plus preparation for college entrance exams and Advanced Placement testing.

Read more...

Sell in May and go away?

While last week ended on a high note, it was a rough-and-tumble period for Wall Street. The recent volatility is a reflection of how nervous investors are – they’re expecting a correction and don’t want to get caught when the music stops.

Sell in May and go away? It’s an old English custom to get out of the market until the movers and shakers return after horse-racing season.

Read more...

Business Briefs


Courtesy of Hidden Villa
Hidden Villa simplifies produce purchases.

Hidden Villa offers seasonal produce

Hidden Villa’s Community Supported Agriculture (CSA) Program supplies organic produce from the Los Altos Hills preserve.

Local residents can sign up to receive weekly boxes of seasonal fruits and vegetables from mid-May through Thanksgiving. Participants pick up their produce at Hidden Villa or one of the farm’s drop-off locations in Los Altos, Mountain View or Palo Alto.

Read more...

Transactions

Los Altos/Los Altos Hills

12012 Adobe Creek Lodge Road, H. Williamson to N. Kokemohr for $6,100,000

1531 Awalt Court, R. & C. Cantwell to H. Li for $3,052,500

Read more...

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 grand opening of downtown Los Altos’ newest business.

Pharmaca Integrative Pharmacy is scheduled to open its 30th store, located at 400 First St., with celebratory freebies Saturday and Sunday.

Read more...

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