Category Archives: Liberty

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

Liberty Global, Inc. (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) will be presenting at the Barclays Capital Global Technology, Media and Telecommunications Conference on Wednesday May 23, 2012 at 11:45 a.m. Eastern Time at Sheraton New York Hotel & Towers in New York, New York. Liberty Global may make observations concerning its historical operating performance and outlook. The presentation will be webcast live at http://www.lgi.com. We intend to archive the webcast under the investor relations section of our website for approximately 30 days.

About Liberty Global, Inc.

Liberty Global is the leading international cable operator offering advanced video, voice and broadband internet services to connect its customers to the world of entertainment, communications and information. As of March 31, 2012, Liberty Globals continuing businesses operated state-of-the-art networks serving 20 million customers across 13 countries principally located in Europe and Chile. Liberty Globals operations also include significant programming businesses such as Chellomedia in Europe.

For more information, please visit http://www.lgi.com.

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Liberty Global to Present at the Barclays Capital Global Technology, Media and Telecommunications Conference

The New York Liberty managed to split two games with the Minnesota Lynx last season despite awful performances from top scorer Cappie Pondexter.

They may need a better effort from her this time with the defending WNBA champions seemingly already clicking on all cylinders.

Off to their worst start since 2009, the Liberty look to avoid falling to 0-3 on Tuesday night when they host the Lynx at the Prudential Center.

These teams split two September meetings a year ago, as Pondexter averaged 11.0 points on 4-of-26 shooting. She scored 17.4 per game overall to lead the Liberty in 2011 while shooting 40.2 percent.

Pondexter averaged 18.5 points on 41.4 percent shooting in losses to Connecticut on Saturday and Sunday to begin 2012. Her backcourt mate, Leilani Mitchell, is off to a poor start with eight points on 3-of-12 shooting and seven assists.

Mitchell had a career-high 24 points in last year's 78-62 win at Minnesota, which was New York's most lopsided victory in this series.

The Liberty had trouble down the stretch over the weekend, getting outscored by a combined 19 points in the fourth quarter.

The Lynx raised their championship banner before beating Phoenix 105-83 in their opener Sunday.

"Once the banner went up and the lights went on and we started to warm up for the game, it was about 2012 and what we're trying to do," said Seimone Augustus, who scored 19 points before leaving with bruised ribs, although she appears to be OK for this matchup.

Minnesota did not miss Augustus much as Monica Wright had 15 points, part of a bench that outscored Phoenix's reserves 40-8.

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Lynx-Liberty Preview

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

Liberty Media Corporation (Nasdaq: LMCA, LMCB) is now accepting submissions for the annual "Media for Liberty Award". This award recognizes media contributions that explore the link between economic and political liberty. Eligible works must be originally published or broadcast via print or electronic media during the 2012 calendar year, and received by Liberty Media no later than January 7, 2013. There is a $50,000 prize for the winning entry.

The 2013 Media for Liberty Award is open to journalists worldwide whose original works bring new insights on societal issues, news events, economies, political structures and cultures that illustrate prosperity or struggle in pursuit of a free market environment and civil liberties uninfluenced by government agenda.

Submitted works will be reviewed by a jury panel and evaluated based on the degree to which the theme is addressed, inspirational and educational value, relevance to the public discourse, and mastery of media format.

Past recipients of the Award include:

A Darkness Visible: Afghanistan (MediaStorm) a film examining thirty years of Afghan history through the story of ordinary citizens whose lives play out in the shadow of superpowers.

How a New Jobless Era will Transform America (The Atlantic) an essay exploring the likely and lasting effects of the recent Great Depression on American society, culture and politics.

"Congo Gold (CBS 60 Minutes) a segment chronicling the war-torn region of eastern Congo to investigate the connection between the mining of gold and other precious minerals.

Eligibility Requirements

Eligible media outlets, including newspapers, magazines, journals, radio, television and websites, must be generally recognized in their markets and accessible to a broad audience in the United States.

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Call for Entries: 4th Annual 'Media for Liberty' Award

BOSTON--(BUSINESS WIRE)--

Liberty Mutual Insurance has appointed Brian Dunham as senior vice president and chief actuary of its Group Benefits operation.

In this role, Mr. Dunham manages the actuarial function for the business unit that provides group disability and life insurance, and leave administration services, to middle market and national accounts through brokers and consultants.

Brian brings a wealth of experience in large-case life and disability insurance, notes Jean Scarrow, chief operating office, Liberty Mutual Group Benefits. Brian has both the actuarial and management skills to help continue our strong growth in the group life, disability, and leave management markets.

Prior to joining Liberty Mutual, Mr. Dunham was responsible for the pricing and financial management of Unums large case group life and disability business. He is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

About Liberty Mutual Insurance

"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on A.M. Best Company's report of 2010 net written premium.

Liberty Mutual Insurance also ranks 84th on the Fortune 100 list of largest corporations in the U.S. based on 2011 revenue. As of December 31, 2011, Liberty Mutual Insurance had $117.1 billion in consolidated assets, $99.3 billion in consolidated liabilities, and $34.7 billion in annual consolidated revenue.

Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Insurance (www.libertymutualinsurance.com) employs over 45,000 people in more than 900 offices throughout the world.

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Brian Dunham Appointed Chief Actuary for Liberty Mutual Insurance’s Group Benefits Unit

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

Liberty Interactive LLC ("Liberty"), a subsidiary of Liberty Interactive Corporation (Nasdaq: LINTA, LINTB), announced payment of an extraordinary cash distribution to the holders of its 3.5% Senior Exchangeable Debentures due in 2013 (the Debentures). This distribution is the result of Google Inc.s acquisition of Motorola Mobility Holdings Inc. on May 22, 2012 for $40 per share in cash. Pursuant to the indenture covering the Debentures (the Indenture), the cash paid to shareholders in the Motorola Mobility Holdings acquisition is to be paid to the holders of the Debentures as an extraordinary distribution. The record date of the distribution by Liberty is June 6, 2012 and the cash payment of $184.096 per Debenture is expected to be made on June 20, 2012, for a total payment of $110.5 million.

In accordance with the Indenture, the principal amount of the Debentures is to be reduced by the amount of each extraordinary cash distribution that we pay on the Debentures. In addition, the adjusted principal amount is to be further reduced on each successive semi-annual interest payment date to the extent necessary to cause the semi-annual interest payment on that date to represent the payment by Liberty, in arrears, of an annualized yield of 3.5% of the adjusted principal amount of the debentures. In no event will the reductions to the principal amount of the Debentures affect the amount of the semi-annual interest payments received by holders of the Debentures, which will continue to be a rate of interest equal to 3.5% per annum of the original principal amount of the debentures.

Immediately following the payment by Liberty of the extraordinary cash distribution attributable to the Motorola Mobility Holdings acquisition, the adjusted principal amount of the Debentures will be $622.4813 per $1,000 original principal amount, and the aggregate outstanding adjusted principal amount of the Debentures will be$373.5 million.

About Liberty Interactive LLC

Liberty Interactive LLC is a wholly owned subsidiary of Liberty Interactive Corporation and owns interests in a broad range of electronic retailing, media, communications, and entertainment businesses.

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Liberty Interactive Announces Extraordinary Cash Distribution on 3.5% Senior Exchangeable Debentures due 2031 ...

FT. LAUDERDALE, Fla., May 22, 2012 /PRNewswire/ -- Liberty Power, one of the nation's fastest-growing and largest independent energy retailers, today announced it has launched a residential program in New Jersey. The company now has active residential offers in the utility territories of Public Service Electric and Gas Company (PSE&G), Jersey Central Power & Light (JCP&L), and Atlantic City Electric (ACE). As a result of the launch, Liberty Power is expanding the availability of its offers to an additional 3 million residents.

The retail electricity supplier first began serving non-residential customers in New Jersey in the spring of 2007. Liberty Power's residential expansion into New Jersey comes on the heels of launching residential programs in Maryland and Connecticut. Liberty Power now has residential retail electric programs in seven states: New Jersey, New York, Maryland, Connecticut, Illinois, Pennsylvania and Texas.

"We have been providing New Jersey business owners low-cost electricity and exceptional customer service for more than five years. We are thrilled to now be able to offer similar products and services to residents of the Garden State," stated David Hernandez, co-founder and CEO.

At the time of launch, the company will offer its Home Independence Plan, a fixed-rate product with terms of 12 and 24-months. Residents who choose Liberty Power as their retail electricity supplier will continue to receive one bill and the same level of service from their local utility, which will still deliver the electricity, maintain the pole and wires, and respond to power outages. There is no sign-up fee, and there will be no interruption in electricity service. Liberty Power also offers competitive rates for commercial accounts. For additional information, New Jersey residents and businesses may call 855-776-9377 to sign up by phone.

About Liberty Power Headquartered in Fort Lauderdale, Florida, Liberty Power is one of only five national retail electric providers licensed in 16 or more states and is the first certified, minority-owned, independent retail electric provider with a national presence. Currently serving over 100,000 commercial accounts, Liberty Power provides large and small businesses, government agencies, as well as residential customers, with low-cost electricity and exceptional customer service.

For more information on Liberty Power, please visit http://www.libertypowercorp.com

Liberty Power is a registered trademark of Liberty Power Corp. LLC encompassing Liberty Power Holdings LLC, Liberty Power Delaware LLC, Liberty Power Maryland LLC, Liberty Power District of Columbia LLC, and LPT LLC, dba LPT SP LLC. Liberty Power is certified and licensed by the Public Utilities/Service Commissions of: CA, CT, DC, DE, IL, ME, MD (IR793), MA (CS-057) MI, NJ (ESL-0001), NY, OH, PA, RI, TX (10118) and VA; as well as the Federal Energy Regulatory Commission.

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Liberty Power Enters Residential Electric Market in New Jersey

NEW YORK Asjha Jones made a tiebreaking jumper with 31 seconds remaining and the Connecticut Sun went on to a 78-73 victory over the New York Liberty in the season opener for both teams Saturday.

Tina Charles had 19 points and 13 rebounds to help the Sun spoil the Liberty's one-game homecoming to Madison Square Garden. Allison Hightower scored 13 points, Asjha Jones had 12 and Renee Montgomery added 11.

Cappie Pondexter led New York with 19 points, Plenette Pierson had 15 points and 10 rebounds, and Kara Braxton scored 13.

The Liberty are in the midst of a three-year stretch playing their home games at the Prudential Center in Newark, N.J. However, the game was moved to the Garden because the New York Rangers and New Jersey Devils played an NHL playoff game at the Prudential Center earlier in the day.

After Jones' go-ahead jumper with put the Sun ahead 73-71, Pondexter missed a layup with 19.9 seconds remaining. Danielle McCray made a free throw with 15.1 to go to push the lead to three. On the Liberty's ensuing possession, Leilani Mitchell was called for an offensive foul away from the ball with 7.6 seconds left.

Montgomery made two free throws a second later to seal the win.

Charles tied it at 65 with 4:32 to go, then made a go-ahead layup 36 seconds later to put Connecticut ahead with its first lead since late in the first quarter.

After Pondexter and Braxton made layups 26 seconds apart to put New York back ahead, Charles' hook shot tied it again with 2:51 to go. She was fouled on the play but missed the ensuing free throw.

With the score tied at 71, Essence Carson missed two free throws with 1:44 to go. Braxton got the rebound on the second miss, but the Liberty failed to take advantage of the second chance.

The Sun scored the first eight points of the third quarter to tie the score at 41 on Hightower's 3-pointer with just more than 2 minutes gone in the period.

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Jones' late jumper lifts Connecticut Sun over Liberty in WNBA opener

GREENSBORO, N.C. - Liberty fought off a hard-charging Florida team to claim the wire-to-wire team win at the NCAA Greensboro Golf Regional at the Grandover Resort's East Course on Saturday. Three players tied for medalist honors, with Campbell's Vaita Guillaume winning a one-hole playoff to earn an NCAA Championship bid.

Liberty, Florida, Auburn, Lamar and Tulsa also advanced to the NCAA Championships in Pacific Palisades, Calif., on May 29-June 3, as the top five teams and the top individual not on one of those teams earned bids.

Guillaume (70-71-72), SMU's Matt Schovee (67-70-75) and Liberty's Robert Karlsson (70-69-74) each finished atop the leaderboard with scores of 3-under 213. With Karlsson already going to the NCAA Championship with Liberty's win, Guillaume and Schovee headed to the 10th hole for a sudden-death playoff.

Schovee bogeyed the par-4 hole, while Guillaume sank a short par putt to clinch his trip to California. The playoff loss was especially cruel for Schovee, who held sole possession of the individual lead after of the first two rounds and seemed assured a trip to the NCAA Championship as SMU was in second as a team entering the final round.

The Mustangs, who were six strokes back of Liberty entering the final round, picked an awful time for their worst round of the tournament, however, shooting a 13-over 301 to fall out of contention and leave Schovee on the outside looking in.

The race for the team title was just as dramatic, as Liberty and Florida were neck-and-neck with the Gators in hot pursuit all day. The Flames pulled away late as all four players who counted toward the team score carded birdies on the par-5 18th. Florida's Michael Furci closed his day in fine fashion with an eagle-3 on the hole, but it was not enough as Florida's rally fell just short.

Liberty finished with a 4-over 868 (283-293-292) for the tournament, while Florida was three shots back at 871 (299-287-285). For the second straight day, the Gators had the best round, at 3-under, while Auburn turned in a 2-under 286 to finish third at 284 (296-292-286).

The tournament was hosted by UNCG and the Greensboro Sports Commission.

UNCG/WFMY News 2 Sports

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Liberty Wins NCAA Greensboro Golf Regional

NEW YORK Every time New York went ahead and stretched its lead, Connecticut came back and tied it. Then the Sun went ahead in the final minute and spoiled the Liberty's one-game homecoming to Madison Square Garden.

Asjha Jones made a tiebreaking jumper with 31 seconds remaining and the Sun went on to a 78-73 victory over the Liberty in the season opener for both teams Saturday.

Tina Charles had 19 points and 13 rebounds to lead Connecticut. Allison Hightower scored 13 points, Jones finished with 12 and Renee Montgomery added 11.

"We came out with a lot of aggression," Charles said. "There were times we were down seven, but we were able to get it back. Coach (Mike Thibault) had different lineups out there and everybody just came together collectively and we handled ourselves well on the court."

Connecticut trailed by five early in the second quarter, then by nine in the final minute of the period, by seven at the end of the third. The Sun rallied to tie the score each time.

Connecticut, 15-2 at home last season, struggled to a 6-11 record on the road while failing to hold late leads. Earlier in the week, Thibault said the next step in his team's development was to play better in the fourth quarter. They did that in the opener.

"Just us coming back, that was maturity," said Charles, the 2010 rookie of the year. "Us playing together going on our third year, and that's just mental toughness not letting the game go, not getting down on ourselves, not pouting, just being real mature, and knowing we could get back."

Cappie Pondexter led New York with 19 points, Plenette Pierson had 15 points and 10 rebounds, and Kara Braxton scored 13.

The Liberty were outscored 27-15 in the fourth quarter, outrebounded 9-5 and outshot 56 percent (10 for 18) to 43 percent (8 for 14). They had no steals and the Sun turned the ball over just once in the period.

"We got to play better. We got to improve from where we are tonight," New York coach John Whisenant said. "We got static (in the fourth quarter). ... We weren't efficient. Not efficient around executing our offense and we weren't getting turnovers from our defense."

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Liberty fall to Connecticut Sun in season opener, 78-73

NEW YORK (AP) Every time New York went ahead and stretched its lead, Connecticut came back and tied it. Then the Sun went ahead in the final minute and spoiled the Liberty's one-game homecoming to Madison Square Garden.

Asjha Jones made a tiebreaking jumper with 31 seconds remaining and the Sun went on to a 78-73 victory over the Liberty in the season opener for both teams Saturday.

Tina Charles had 19 points and 13 rebounds to lead Connecticut. Allison Hightower scored 13 points, Jones finished with 12 and Renee Montgomery added 11.

''We came out with a lot of aggression,'' Charles said. ''There were times we were down seven, but we were able to get it back. Coach (Mike Thibault) had different lineups out there and everybody just came together collectively and we handled ourselves well on the court.''

Connecticut trailed by five early in the second quarter, then by nine in the final minute of the period, by seven at the end of the third. The Sun rallied to tie the score each time.

Connecticut, 15-2 at home last season, struggled to a 6-11 record on the road while failing to hold late leads. Earlier in the week, Thibault said the next step in his team's development was to play better in the fourth quarter. They did that in the opener.

''Just us coming back, that was maturity,'' said Charles, the 2010 rookie of the year. ''Us playing together going on our third year, and that's just mental toughness - not letting the game go, not getting down on ourselves, not pouting, just being real mature, and knowing we could get back.''

Cappie Pondexter led New York with 19 points, Plenette Pierson had 15 points and 10 rebounds, and Kara Braxton scored 13.

The Liberty were outscored 27-15 in the fourth quarter, outrebounded 9-5 and outshot 56 percent (10 for 18) to 43 percent (8 for 14). They had no steals and the Sun turned the ball over just once in the period.

''We got to play better. We got to improve from where we are tonight,'' New York coach John Whisenant said. ''We got static (in the fourth quarter). ... We weren't efficient. Not efficient around executing our offense and we weren't getting turnovers from our defense.''

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Jones hits late jumper, Sun beat Liberty 78-73