Business & Real Estate

Torrey Pines Bank names regional president

Ellie Van Houtte/Town Crier
Torrey Pines Bank recently named Fred Voss its regional president for the Bay Area. The bank has branches at 20 First St. in Los Altos, above, and in Oakland and Southern California.

Torrey Pines Bank last week appointed Fred Voss regional president of the San Francisco Bay Area market.

Voss will be responsible for growing the bank’s market share in the Bay Area, and will lead area teams in providing commercial banking services for growth-oriented business owners, real estate investors and professionals. Voss is a 25-year banking industry veteran with senior-level experience in business banking, commercial lending and relationship development.


Feeling confused by the stock market?

There is still a lot of trepidation in the stock market. The Dow Jones industrial average dropped 317 points Thursday for the biggest one-day loss since February. On the other hand, the economy is in a good position and the earnings season behind us has been mostly positive.

To add to the confusion, most stocks rose Friday as investors weighed the implications of the U.S. military strike against insurgents in Iraq along with rising tensions in the Russian-Ukraine situation. Solid earnings reports have countered the uncertainty in Ukraine and kept the major averages near all-time highs. Even the Federal Reserve has helped by delaying a move to hike interest rates.



Los Altos

735 Alvina Court, Green Trust to A. Ramani for $2,300,000

10554 Creston Drive, Navone Trust to R. & S. Sajja for $1,800,000


Don't give in to the market decline

Blame the current stock market downturn on the Kiplinger Letter. In its July 25 business edition, Kiplinger said to prepare for a 10-20 percent stock market drop – and last Thursday and Friday the Dow Jones industrial average plummeted 387 points.



Los Altos

38 Third Street #103, Bergman Trust to Bellas Survivors Trust for $1,602,000

1092 Laureles Drive, Schick Trust to K. Xu for $3,135,000


Halo heads to Los Altos: Blow-dry bar founder opens new First Street location Monday

ElLie Van Houtte/ Town Crier
Armed with blow dryers, Halo founder Rosemary Camposano, left, and store manager Nikki Thomas prepare for the blow-dry bar’s grand opening on First Street Monday.

A blow-dry bar is set to open downtown Monday, and its local founder wants to bring fancy hairdos to Los Altos’ ladies.

Stylists at Halo don’t cut hair, they just clean what you’ve got and style it sleeker, smoother and (often) with a little bend to the ends. Halo’s menu of five basic hairstyles ($40) ranges from the high-volume, high-curl “Glamorama” to the sleekly simple “Give It to Me Straight.” The shop also does event hair and updos and specializes in any take on “beauty from the shoulders up.”


Think about shorting some stocks

Whether you are a bull or a bear, we are currently in a dangerous bubble period in the stock market, and now could be the time to consider doing a little selling for cash or shorting some better issues.

Solid earnings from good companies have countered the strife in Ukraine and the Middle East, keeping the major averages near all-time highs. But shares of small and mid-sized companies have been under pressure and tend to be sensitive to unexpected events.


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