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Category Archives: Liberty

Liberty Interactive Corporation to Present at the Goldman Sachs Nineteenth Annual Global Retailing Conference

Posted: August 30, 2012 at 7:11 am

ENGLEWOOD, Colo.--(BUSINESS WIRE)--

Liberty Interactive Corporation (Nasdaq: LINTA, LINTB, LVNTA, LVNTB) announced that Mike George, President and CEO of QVC, Inc., will be presenting at the Goldman Sachs Nineteenth Annual Global Retailing Conference on Wednesday, September 5th at 1:30 p.m., Eastern Time at the Plaza Hotel in New York City, NY. During his presentation, Mr. George may make observations regarding the company's financial performance and outlook.

The presentation will be broadcast live via the Internet. All interested persons should visit the Liberty Interactive Corporation website at http://www.libertyinteractive.com/events to register for the webcast. An archive of the webcast will also be available on this website for 30 days.

About Liberty Interactive Corporation

Liberty Interactive Corporation operates and owns interests in a broad range of digital commerce businesses. Those interests are currently attributed to two tracking stock groups: Liberty Interactive Group and Liberty Ventures Group. The Liberty Interactive Group (Nasdaq: LINTA, LINTB) is primarily focused on digital commerce and consists of Liberty Interactive Corporations subsidiaries Backcountry.com, Bodybuilding.com, Celebrate Interactive (including Evite and Liberty Advertising), CommerceHub, MotoSport, Provide Commerce, QVC, Right Start, and Liberty Interactive Corporations interests in HSN and Lockerz. The Liberty Ventures Group (Nasdaq: LVNTA, LVNTB) consists of Liberty Interactive Corporations non-consolidated assets, including interests in AOL, Expedia, Interval Leisure Group, Time Warner, Time Warner Cable, Tree.com (Lending Tree), TripAdvisor and various green energy investments.

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Liberty: Patriots hunt for turnovers to stay competitive

Posted: August 29, 2012 at 2:12 pm

During Liberty's practices so far this offseason, coach Steve Valach has kept a vigilant eye on one stat that could go a long way in determining his team's season: turnover margin.

That's right, Valach records every turnover created and every turnover lost during practice. Right now, he points out rather quickly, his group holds a plus four turnover margin, although it should be noted that Valach counts anytime his offense lets the ball hit the ground as a turnover.

For Valach, it's become the calling card of this offseason and the thing that he reiterates daily to his players.

"Are we a powerhouse? Not by any means," he said. "But if we take care of the football and play good defense, we're going to be in a lot of games."

Valach cites turnovers as one of the biggest reasons why his team went 4-6 last year; the Patriots had a minus-15 ratio a year ago. So where does that turnover margin number need to be in order for the Patriots to have a chance this season?

"By the end of the season, if we're in double digits with that ratio, we'll be a playoff team," Valach said.

Valach said his team's meat and potatoes are with the skill position players, who are led by wide receivers Tynan Gilmore (5-10, 165) and Scott Dean (5-10, 170). Those guys will team up with first-year quarterback Robbie Thomas (6-3, 185) to form the core of Liberty's offense.

"Decent team speed and skill position players are a strength," Valach said.

On the flip side, Liberty isn't an exceptionally big team, although the Patriots do return Nick Short (6-1, 210) on the offensive and defensive lines.

"Not a lot of depth," Valach said, "and we're not real big. But we're pretty disciplined and pretty tough so I think that gives us a shot. I think we make up for it with that."

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Liberty: Patriots hunt for turnovers to stay competitive

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Liberty on the lookout for FBS opening

Posted: at 2:12 pm

First-year Liberty University football coach Turner Gill on Tuesday expressed confidence that the Flames' desired shift from FCS to FBS will be accomplished in the next four years. LU has declared itself FBS-ready, and awaits an invitation from an FBS league, a requirement for FBS membership.

Asked about his message to recruits regarding the Flames' potential move to college football's top tier, Gill's response included, "If you decide to come here within the next four years, then we will be FBS."

Liberty athletics director Jeff Barber said of his coach's projection, "I think that's very likely."

In May, LU announced its goal of FBS status. The Flames already are Division I in all 20 of their sports, but their football program belongs to the FCS, and plays in the Big South Conference.

Barber said leagues he thinks would be good fits for Liberty at this stage are Conference USA, the Mid-American Conference, and the Sun Belt Conference.

LU continues communication with those conferences, according to Barber. He said he believes some leagues are "just kind of stopping (membership changes) for right now and saying, 'OK, let's kind of catch our breath before we move forward.'"

The school, located in Lynchburg, was founded in 1971 and lists a residential enrollment of 12,500, and an online enrollment of 80,000. The FBS scholarship limit is 85. At FCS, the ceiling is 63. The Flames play home games at 19,200-seat Williams Stadium, and have expansion plans that could increase capacity to 30,000 by 2015.

Gill, a former star quarterback at Nebraska, rebuilt the University of Buffalo's Mid-American Conference program before moving to Kansas. His Jayhawks went 5-19 in two seasons. Barber said LU probably would not have attracted Gill if the Flames planned to remain FCS.

"We have done all the things on paperwork. (It) has been OK'd by NCAA, by our administration, and really by our board of regents and everybody that's involved. It's all full-throttle and ready to go," said Gill, whose team opens Saturday at Wake Forest.

"Once we get a conference to give us that opportunity, we're going to jump on it and move forward."

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Liberty on the lookout for FBS opening

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Liberty will platoon QBs in opener at Wake Forest

Posted: at 2:11 pm

Liberty football coach Turner Gill hasnt yet decided which of his two quarterbacks will start Saturdays season opener at Wake Forest. But he announced Tuesday just how Josh Woodrum and Brian Hudson will be used in Winston-Salem.

Both Woodrum and Hudson will get two series at minimum on Saturday with the hope that one of them will emerge as the better option once faced with playing against strong competition.

"They have both shown that theyve earned the chance to play," Gill said. "Thats probably the best way to sum it up. Both guys have really done well. Ive seen our players respond to both guys in a good way."

Woodrum, a redshirt freshman from Cave Spring in Roanoke, hasnt seen game action since Nov. 27, 2010, when his Knights team fell to Richlands in the Region IV championship game. Hudsons college game experience is minimal. He played during the second half of Libertys romp over Division II Kentucky Wesleyan last October and later in the month, staked to a 38-0 lead, played the second half of the Flames win at Charleston Southern.

The competition level will be a several notches higher on Saturday night for both players.

"Obviously a game is different from practice," Hudson said. "Weve been getting no contact. So that adds another dimension to it, to see how we can run, break tackles and make plays. Its definitely a different story from practice to a game. Some guys respond differently in practice and some guys respond differently in games, for better or for worse."

Early in training camp, Gill sounded frustrated at times that neither quarterback was able to win the job outright. But Tuesday, he reversed course a bit, noting that both players had performed exceptionally well in the final two weeks of practice and that both deserved the opportunity to show what they can do in a game setting before making a final decision on a starting quarterback going forward.

"Im excited by it," Gill said. "Ive got two pretty good quarterbacks. The alternative is having no good quarterbacks. I dont see it as a negative. I see it as a positive all the way around."

Allen suspended

Gill suspended junior running back Aldreakis Allen for the opener for a violation of team rules. Allen has led the Flames in rushing in each of the two seasons that hes played (2009, 2011). Allen missed the 2010 season while serving a school-related suspension.

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Liberty Tax Service Reports Fiscal 2013 First Quarter Results

Posted: at 2:11 pm

VIRGINIA BEACH, Va.--(BUSINESS WIRE)--

JTH Holding, Inc. (TAX)( the Company), the parent company of Liberty Tax Service, today reported a net loss for the fiscal first quarter ended July 31, 2012, of $6.2 million, or $0.51 per share, compared to a loss of $5.0 million, or $0.44 per share, in the prior year period. Revenues grew 39% to $6.8 million for the fiscal first quarter ended July 31, 2012 compared to the prior year period. The Companys operating expenses in the quarter included approximately $525,000 of costs associated with being a public company that were not incurred in the prior year quarter.

We are pleased to announce first quarter financial performance, in-line with our expectations, noted Mark Baumgartner, CFO. Increased losses in our first and second quarter, when compared to prior periods, are expected as ourcompany prepares for anotherhigh growth tax season, explained Baumgartner.

Traditionally the Company spends a significant portion of the first quarter of its fiscal year planning for the upcoming tax season and kicking off the franchise sales season. During the first quarter the Company held a record number of meetings with franchisees planning for the 2013 tax season. The involvement of our franchisees in our tax season planning is one of the key attributes that separates Liberty from the other national players, noted John Hewitt, Chairman and CEO. The marketplace insights provided by our franchisees allow us to continually enhance our system of doing business, which is a key to our success, noted Hewitt. The Company plans to host an Investor Day in New York on December 12, 2012, at which time the Company anticipates sharing some of its 2013 plans.

The Company reported that its franchise sales season is off to a good start with leads, conference call attendance and seminar visits all up by more than 27% from fiscal 2012. During the previous two years, approximately 10% of the Companys yearly territory sales and new franchisees closed during the first quarter. Although the economic climate has reduced the amount of available investment capital for new and existing franchisees, I am very pleased with the interest levels shown during the first quarter by potential new franchisees and the eagerness of our existing franchisees to consider expanding, said Mr. Hewitt. The Company plans to provide detailed sales activity in the second and third quarters, when historically, the cumulative closing activity becomes significant.

The Company also announced that its first meeting of stockholders since becoming a public company will be held at 11:00 a.m. on Friday, November 16, 2012 at the Virginia Beach Convention Center. The Board of Directors of the Company has established the close of business on September 19, 2012 as the record date for stockholders to vote at the meeting.

Conference Call

At 8:30 a.m. Eastern time on August 29, 2012, the Company will host a conference call for analysts, investors and shareholders. To access the call, please dial the number below approximately 5 to 10 minutes prior to the scheduled starting time:

The call will also be webcast in a listen-only format. The link to the webcast may be accessed on the Companys investor relations website at http://www.libertytax.com

A replay of the call will be available beginning at approximately 10:30 a.m. eastern on August 29, 2012 and continuing until September 5, 2012, by dialing (888) 286-8010 (U.S./Canada) or (617) 801-6888 (International). The participant passcode is 92585839.

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Liberty Tax Service Reports Fiscal 2013 First Quarter Results

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Liberty Ross Inundated With Acting Offers Since Husband's Kristen Stewart Cheating Scandal

Posted: August 28, 2012 at 1:19 pm

Splash News / WENN

By Jon Boon - Radar Reporter

Being front page news has benefitted the budding acting career of Liberty Ross, RadarOnline.com is exclusively reporting.

Since her husband Rupert Sanders was caught in a clinch with Kristen Stewart, the British model has been inundated with movie offers from leading filmmakers.

Its something Liberty, 33, is desperate to take advantage of, especially after previously taking small roles in Madonnas W.E. and Ruperts Snow White and the Huntsman.

PHOTOS: Liberty Ross Wears Crucifix As She Heads To The Divorce Lawyer

Its definitely what Liberty intends to push on with, she has caught the acting bug a source revealed.

Although the cheating scandal caused a lot of unwanted attention in her private life, it certainly improved her profile as an actress.

She has started to earn recognition for her performances in last years W.E. and this years Snow White and the Huntsman, and more movie directors have taken note of who she actually is.

PHOTOS: Kristen Stewart Eyes Rupert Sanders At Dinner In May

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Liberty Ross Inundated With Acting Offers Since Husband's Kristen Stewart Cheating Scandal

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Healthy Seattle Storm Takes Down New York Liberty: Fan Reaction

Posted: at 1:12 am

For the first time this season, the entire Seattle Storm team was available to play against the New York Liberty on Sunday, August 26. As a result, the Storm put an end to their three-game losing streak and defeated the Liberty 84-66.

Lauren Jackson, playing in only her second WNBA game of the season, is still becoming acquainted with her teammates. However, her presence forced the Liberty to focus on shutting her down offensively. With the Liberty's attention on Jackson, other Storm players were left open to score. As a result, four Storm players scored in the double digits. Sue Bird had an outstanding performance, contributing 18 points and 10 assists for the Storm. Jackson had 16 points and six rebounds. Camille Little had 15 points and eight rebounds. Shekinna Stricklen added 12 points for the Storm.

Ann Wauters and Tina Thompson joined the lineup after sitting out several games to recover from injuries. Thompson scored five points in under 11 minutes on the floor. Wauters added nine points in just under nine minutes for the Storm.

The worn-out Liberty never held the lead. Sunday night's game against the Storm was their sixth game in nine days. The Storm held the Liberty to just 38.2 percent shooting. Cappie Pondexter scored a game-high 23 points. She was the only Liberty player to score in the double digits.

Storm Will Face Mercury Thursday

The Storm will face the Phoenix Mercury at Seattle's Key Arena on Thursday. The Mercury are currently tied with the Tulsa Shock for last place in the Western Conference. They will be fighting for survival against the Storm. With Diana Taurasi rejoining her team, the Mercury will be ready to fight the Storm for the last time in the regular season. Taurasi did not play during the first half of the season as she recovered from an injury to her hip flexor.

The Mercury have been short-handed as Penny Taylor has missed the season due to a torn ACL. Candice Dupree, Charde Houston and Alexis Gray-Lawson, also recovering from injuries, missed the Mercury's last game against the Indiana Fever. The Fever defeated the Mercury 85-72, resulting in 10 straight losses for the Mercury.

Anne Bucher has been a devoted follower of the WNBA since its inception in 1997. A Texas native, she cheered the Houston Comets on to their four consecutive championship titles. Now she lives in the Northwest and roots for the Seattle Storm.

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Healthy Seattle Storm Takes Down New York Liberty: Fan Reaction

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Liberty Tax Service’s Tax Classes Start Soon

Posted: at 1:12 am

VIRGINIA BEACH, Va.--(BUSINESS WIRE)--

Proactive consumers can learn the practical skill of tax preparation at Liberty Tax Service this fall that can lead to discovering additional deductions and tax savings, or even lead to a new career in the tax industry. The annual price taxpayers pay for overlooking legitimate tax deductions and missing other tax breaks is a staggering $1 billion dollars, according to the General Accounting Office. Filing an amended return can allow taxpayers to claim overpayments for overlooking deductions and credits for up to three years.

Students have the opportunity to review their own tax situations and how recent life changes may impact their next tax return, said John Hewitt, CEO and Founder of Liberty Tax Service. They may realize that they have overlooked a legitimate deduction on their return year after year. Its also a great first step to becoming a registered tax preparer, and acquiring the latest industry credentials imposed by the IRS.

Liberty Tax is instructing their tax school students on how to acquire the new credentials and meet the requirements that the IRS is phasing in, and the steps to take to obtain a Preparer Tax Identification Number (PTIN) from the IRS. Since no prior tax experience is necessary to enroll, students can enter tax school from any background, and take advantage of flexible scheduling. Students gain tax knowledge by applying the tax code to various situations to prepare returns with the appropriate schedules, credits and deductions applicable to individual taxation. The course covers tax topics that range from filing small business taxes on a Schedule C to the tax implications of buying and selling a home.

Liberty Tax offers over 11,000 class locations as well as an online class option. September class schedules are flexible with day or evening classes available twice a week for ten weeks. Theres a minimal charge for books and supplies. Liberty Tax Service is actively recruiting bilingual tax school students. To learn more about job opportunities and Libertys series of tax courses, visit http://www.libertytax.com/tax-education.html or call 1-800-658-1042.

About Liberty Tax Service

Liberty Tax Service is the fastest-growing retail tax preparation company in the industrys history, founded in 1997 by CEO John T. Hewitt, a pioneer in the tax industry. A tax school opportunity was the entry point for Hewitts start in the tax industry in 1969. The Company has over 4,100 offices in the United States and Canada, with the majority owned by franchisees.

The Class A Common stock of JTH Holding, Inc. (TAX), the parent company of Liberty Tax Service is traded on the NASDAQ Global Market. The Give Me Liberty! magazine contains more Liberty company news and information.

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Liberty-Storm Preview

Posted: August 26, 2012 at 9:12 pm

The Seattle Storm have been unable to take advantage of an extended stay at home.

That could change if they are able to continue their success against the New York Liberty in Seattle.

The Storm look to avoid a fourth consecutive loss Sunday night when they try for an eighth straight home victory over the Liberty.

Seattle (10-13) returned from the one-month Olympic break Aug. 16 by opening its seven-game homestand with a 72-58 win over Phoenix. Since then, the Storm have allowed an average of 78.7 points during a three-game skid. Not even the 2012 debut of star forward Lauren Jackson could help the them from falling 68-66 to Indiana on Thursday.

The Fever's Shavonte Zellous hit a 3-pointer as time expired to drop the Storm to 6-5 at home. Seattle, which appears to have a firm grasp on the fourth and final playoff spot in the Western Conference, has not dropped four straight at home since July 2006.

"We (had a) team in there that's used to winning those games,'' coach Brian Agler said. "We didn't. We've got to get to a point when we're put in those situations, either at home or on the road, that we're making the plays we've got to make.''

Jackson, who missed the first half of the season while training for the Olympics with the Australian national team, was not pleased after totaling four points and six rebounds in 24 minutes against the Fever.

"I just didn't fit in,'' Jackson said. "It doesn't help the girls with a presence like mine coming in and not knowing the plays.''

Facing the Liberty (9-14) could help Jackson round back into form. The three-time WNBA MVP has averaged 24.7 points in her last three home games versus New York.

Seattle's seven-game home winning streak against the Liberty dates to a 67-62 loss June 26, 2004, although the last three games between the teams have been decided by a combined 10 points. The Storm held on for a 63-62 home win over the Liberty last season.

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Sparks blow past Liberty

Posted: at 9:12 pm

LOS ANGELES It turned out the Liberty were no match for the red-hot Sparks. Kristi Toliver scored 26 points and Candace Parker added 12 points, five rebounds and four blocks to help the Los Angeles win its ninth straight game with an 87-62 victory over the Liberty on Saturday night.

The Sparks (19-6) led wire-to-wire and got another excellent game from Toliver, who scored 14 points in the fourth quarter. Toliver, coming off a career-high tying 29-point game, made back-to-back 3-pointers to push the lead to 77-58 and another to make it 82-60.

L.A.s last nine-game win streak was in 2003, when it started the season 9-0.

Parker scored 10 points in the second half after she missed seven of her first eight shots of the game and DeLisha Milton-Jones added 12 points.

Nneka Ogwumike, the WNBAs leading scorer and rebounder, briefly left the game in the third quarter with an apparent knee injury but returned and finished with 10 points, seven rebounds and five assists.

Cappie Pondexter led the Liberty (9-14) with 20 points. Plenette Pierson added 16 points and 10 rebounds for the Liberty, which did not get any closer than 56-54 in the third quarter. The Liberty, which made 13 3-pointers on Thursday, went 4 for 17 from 3-point range and shot 37 percent from the field.

Pondexter sank three jumpers during a 14-4 run in the third quarter that brought the Liberty to 56-54 on Alex Montgomerys layup off a Sparks turnover. But L.A. pulled ahead to 65-57 on a corner 3-pointer by Alana Beard and a left hand layup by Parker after Marissa Coleman saved it from going out of bounds.

The Sparks took a 45-38 lead into halftime despite giving up 22 points in the paint with Parker on the bench for most of the second quarter. The Liberty outrebounded the Sparks, 21-15, in the first half and recorded 12 assists on 15 field goals.

Pondexter brought the Liberty to 33-32 on a 3-pointer before L.A. ended the first half on a 12-6 run. Jantel Lavender scored six of those 12, including a bank shot in the paint and a baseline jumper.

Toliver scored 10 of the Sparks 25 first quarter points. The Liberty pulled to 19-18 on Leilani Mitchells 3-pointer, but Milton-Jones came back with a 3-pointer. Alana Beard forced a turnover on New Yorks next possession and Toliver sank a 3-pointer for a 25-18 lead.

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Sparks blow past Liberty

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