Wed12172014

Business & Real Estate

Transactions

Los Altos

1694 Clay Drive, R. Dawson to Manea Trust for $1,712,000

650 Covington Road, D. & S. Alves to L. Sun for $3,100,000

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Palo Alto law firm coming to 400 Main


Ellie Van Houtte/ Town Crier
Longtime Palo Alto law firm Thoits, Love, Hershberger & McClean plans to open an office at 400 Main St. in Los Altos after construction is complete in November.

A longtime Palo Alto law firm plans to expand into Los Altos.

Thoits, Love, Hershberger & McLean, a fixture in Palo Alto for 65 years, announced July 11 its plans to add a third location at 400 Main St., which remains under construction.

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Earnings reports still drive the market

The stock market is always on edge, waiting for something to happen.

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Are you ready to retire to South Dakota?

Bankrate.com recently ranked the 10 best states for retirement. The list, which includes such rugged spots as Colorado, Utah, North Dakota and Wyoming, was topped by, of all places, South Dakota.

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Transactions

Los Altos

72 Bay Tree Lane, Lynch Trust to Siedenburg Trust for $2,413,000

449 Casita Court, American Financial to J. & Y. Wang for $4,450,000

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In the business of fostering business


took over as Los Altos’ new economic development coordinator in May after spending the past two years working as city assistant planner. Ellie Van Houtte/ Town Crier

Sierra Davis is wearing a slightly different hat these days as a Los Altos city employee.

The 27-year-old Sacramento native assumed the position of economic development coordinator in May, just two years after joining the city as an assistant planner. A Cal Poly, San Luis Obispo graduate with a degree in city and regional planning, Davis began her career as a public employee working as an intern in the city of Morro Bay’s Planning Department – a role that later turned into a permanent full-time position.

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Brace for quarterly earnings surprises

Starting this week, we are headed into the earnings season, which could bring some healthy – and unhealthy – surprises. The market remains bullish, and it would need to suffer a significant correction over the next three to 10 weeks to become bearish.

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