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Liberty Property Trust Prices $450 Million Of 4.40% Senior Notes Due 2024

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MALVERN, Pa., Sept. 24, 2013 /PRNewswire/ --Liberty Property Trust (LRY), announced today that its limited partnership subsidiary, Liberty Property Limited Partnership, has priced a $450 million offering of 4.40% senior unsecured notes under its existing shelf registration statement. The notes are due February 15, 2024. The offering is expected to close on September 27, 2013, subject to customary closing conditions. The proceeds will be used to fund a portion of the cash consideration payable in the Company's pending acquisition of the outstanding general and limited partnership interests of the Cabot Industrial Value Fund III Operating Partnership, L.P.

Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated served as joint book-running managers and Barclays Capital Inc., BB&T Capital Markets, Capital One Securities, Inc., Mitsubishi UFJ Securities (USA), Inc., Morgan Stanley & Co. LLC, PNC Capital Markets LLC, RBS Securities Inc., SunTrust Robinson Humphrey, Inc., The Huntington Investment Company, UBS Securities LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC served as co-managers.

The offering may be made only by means of a prospectus supplement and accompanying prospectus. A copy of the prospectus supplement and prospectus relating to these securities may be obtained, when available, by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, email: dg.prospectus_requests@baml.com; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attn: High Grade Syndicate Desk, 3rd floor, telephone collect at (212) 834-4533; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone (800) 831-9146, email: batprospectusdept@citigroup.com or Goldman, Sachs & Co,. Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, facsimile: (212) 902-9316, email: prospectus-ny@ny.email.gs.com.

This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities, blue sky or other laws of any such state or other jurisdiction.

Liberty Property Trust is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 81 million square foot portfolio includes 662 properties providing office, distribution and light manufacturing facilities to 1,700 tenants.

The statements contained in this press release may include forward-looking statements within the meaning of the federal securities law. Although Liberty believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, the company can give no assurance that its expectations will be achieved. As forward-looking statements, these statements involve important risks, uncertainties and other factors that could cause actual results to differ materially from the expected results and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of the company. The company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events. These risks, uncertainties and other factors include, without limitation, uncertainties affecting real estate business generally (such as entry into new leases, renewals of leases and dependence on tenants' business operations), risks relating to the integration of the operations of entities that we have acquired or may acquire, risks relating to financing arrangements and sales of securities, possible environmental liabilities, risks relating to leverage and debt service (including availability of financing terms acceptable to the company and sensitivity of the company's operations and financing arrangements to fluctuations in interest rates), dependence on the primary markets in which the company's properties are located, the existence of complex regulations relating to status as a REIT and the adverse consequences of the failure to qualify as a REIT, risks relating to litigation, including without limitation litigation involving entities that we have a acquired or may acquire, and the potential adverse impact of market interest rates on the market price for the company's securities.

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Liberty Property Trust Prices $450 Million Of 4.40% Senior Notes Due 2024

Liberty Global Reverts to Neutral – Analyst Blog

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We upgrade our recommendation on Liberty Global plc. ( LBTYA ) to Neutral following its recent acquisition of Virgin Media. The acquisition has positioned the company as the largest pay-TV operator globally. Liberty Global currently has a Zacks Rank #3 (Hold).

Why the Upgrade?

On Jun 2013, Liberty Global completed the acquisition of British cable MSO Virgin Media. Together, Liberty Global and Virgin Media had approximately 24.5 million subscribers at the end of the second quarter of 2013. In the U.K., the merged entity poses serious competitive threat to British Sky Broadcasting Group plc. and BT Group plc. ( BT ).

Recently, Virgin Media decided to offer the video-subscription service of the online video streaming service provider, Netflix Inc. ( NFLX ). With this, for the first time in the global pay-TV industry, web-based service will be integrated into cable system. Initially, Virgin Media will test run the Netflix service with its 40,000 subscribers who use the company's next-generation set-top boxes developed by TiVo Inc. ( TIVO ).

At the end of the second quarter of 2013, the company had over 1.7 million video subscribers who use TiVo developed set-top boxes. This new converged digital TV platform provides improved graphics, on-demand video content, catch-up TV service, and web-based applications including games and personal video recorder. The set-top box integrates the Internet and live TV on one screen through fiber-optic cable.

Liberty Global has launched a hybrid IP video gateway called "Horizon TV" in Netherlands and Switzerland. This innovative IP gateway will combine cable operators' video services with web-based content through an integrated cable modem. This modem includes an open software developer platform and application store.

Further, customers can view TV programs on multiple screens such as PCs, iPhones and iPads. Horizon TV also features an in-build application store for YouTube, Wikipedia and Facebook. This service will be introduced in Germany and Ireland by the end of this year.

BT GRP PLC-ADR (BT): Free Stock Analysis Report

LIBERTY GLBL-A (LBTYA): Free Stock Analysis Report

NETFLIX INC (NFLX): Free Stock Analysis Report

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Liberty Global Reverts to Neutral - Analyst Blog

Liberty Global CEO Says He Doesn’t Expect Apple to Sell a TV

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Liberty Global Plc (LBTYA) Chief Executive Officer Mike Fries, who runs one of the worlds biggest cable companies, said he doesnt expect Apple Inc. to sell its own television, disputing speculation among analysts.

I dont think Apple is going to build a TV, Fries said today at an investment conference in New York. Apple instead is talking to U.S. cable providers about revamping the interface for pay-TV services, he said.

Analysts such as Gene Munster of Piper Jaffray Cos. and Brian White of Cantor Fitzgerald have predicted Apple will release a television set, vaulting the company into a new market. Until now, its TV efforts have been limited to a $100 Internet-connected set-top box that streams video from providers such as Netflix Inc., Google Inc.s YouTube, Hulu LLC and Apples own iTunes.

The company has been beefing up what is available via Apple TV in recent months by striking deals with Walt Disney Co. (DIS)s ESPN and Time Warner Inc. (TWX)s HBO. Apple also has been negotiating with Time Warner Cable Inc. to give subscribers of the cable service access to their channels via Apple TV, people familiar with the talks have said.

To contact the reporter on this story: Alex Sherman in New York at asherman6@bloomberg.net

To contact the editor responsible for this story: Nick Turner at nturner7@bloomberg.net

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Liberty Global CEO Says He Doesn’t Expect Apple to Sell a TV

Liberty Delivers a Better World While Utopians Promise a Perfect One

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Editors Note: September 26, 2013 is the 115th anniversary of the birth of Leonard E. Read

Why are unattainable utopian visions attractive and inspirational to so many while the promises of liberty, under which a vastly-improved society can actually be attained, are so often disregarded? Leonard Read, among Americas most prolific defenders of liberty in the 20th century, considered that question.

In Let Freedom Reign, Read argued that libertys failure to gain more adherents than utopian statism derived in substantial measure from the fact that the ends envisioned, rather than the means involved, often motivate people. Unlike the utopian visions, the freedom philosophy recognizes that a system of free markets is an amoral servant that does not claim to generate no objectionable results to anyone. For this reason, liberty faces an inspirational disadvantage.

A good illustration of utopianisms advantage over freedom is the utopians assertion that he can deliver equality of results (implicitly assumed to be equality at a high level of prosperity). This in turn leads to rationalizations for cutting freedom off at the knees. Yet some forms of inequality are inseparable from astounding social benefits, particularly the massive gains from specialization among people with differing abilities and circumstances, coordinated through voluntary market arrangements.

As Read noted in Having My Way, rather than bemoaning any inequality of results, it would be more accurate to say, inequality exists, fortunately! as long as it is combined with freedom, which he called our working handmaiden.

[F]reedom and equality are ... mutually antagonistic. The equality idearests on the antithesis of freedom: raw coercion. It is ... impossible to be free when equality is politically manipulated ...

Not our likenesses, but our differences, give rise to the division of labor and the complex market processes of production and trade ... it is to our advantage to specialize and to trade with other specialists. ... By thus serving others and becoming ever more skilled and outstanding (unequal) in the process he best serves his own interest.

Read recognized that inequality among individuals was a fact and that the working handmaiden of voluntary arrangements allowed the members of society to better achieve what they desired. As a result, Read also saw that attributing disliked results, such as deviations from an idealized equality, to voluntary arrangements, misplaced the blame. Those deviations are rooted in an underlying reality utopians simply assume away. Therefore, restricting voluntary arrangements, beyond preventing force and fraud, cannot solve the real problems that arise from scarcity. However, the attempt to do so hobbles the markets ability to coordinate the productive plans of people with vastly different skills and circumstances, causing harm in the misguided attempt to accomplish good.

Read saw that libertys defenders must face the fact that markets are amoral servants which enable people to do whatever they want better. They cannot be relied upon with certainty to only do good and inspirational things. But whenever they enable doing ill, they only reflect the desires individuals have. If we reformed ourselves, markets could do no harm. In contrast, coercively reforming ourselves by law does not eliminate the cause of such harm and so does little to actually stop it. Moreover, the restrictions on markets adopted in the process throw out the amoral servant that allows us to accomplish greater good than achievable via any other known means.

This brought Read to focus on the crucial distinction between inspirational utopian ends and the means such ends necessarily entail. The collectivist means, backed by force, that utopias require are immoral, so such systems cannot be moral.

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Liberty Delivers a Better World While Utopians Promise a Perfect One

Liberty Star Completes ZTEM Geophysical Survey at Hay Mountain, Southeast Arizona

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TUCSON, Ariz.--(BUSINESS WIRE)--

Liberty Star Uranium & Metals Corp. (Liberty Star or the Company)(OTCQB: LBSR) announces that its geophysical contractor Geotech Ltd. (Geotech) Aurora, Ontario, Canada completed a ZTEM geophysicalsurveyon September 20, 2013.

ZTEM (Z Axis Tipper Electromagnetic system) is a fixed wing or helicopter borne survey method measuring electromagnetic changes because of geologic features in the area of the survey. Geotechs computer technology and sensitive measuring equipment enables detection and modeling of the shape of metallic mineral bodies at depths of up to approximately 2,000 meters below the surface.

The survey was conducted over Liberty Stars Hay Mountain Project as part of exploration work for the delineation to a depth of about 2,000 meters (about 6,000 feet) of a porphyry copper, gold and other metal system suggested by previous geochemical surveys of the area and the recommendations contained in SRK Consultings NI 43-101 style report undertaken in 2011.

The Hay Mountain ZTEM survey consisted of 432.73 kilometers (268.88 miles) @ 200 meters and 400 meters line spacing, and approximately 8 meters between samples (readings) along each line.

With the delivery of the ZTEM interpreted data Liberty Star geologists, headed by Company CEO and Chief Geologist James A. Briscoe, can begin the work of combining the Geotech findingswith the Companys many geologic and geochemicalmapsinto GIS (Geographic Information Systems, ESRI computer maps) that can undergo further analysis that will lead to specific targets for a phased drilling program to begin as funding allows.

James A. Briscoe James A. Briscoe, Professional Geologist, AZ CA CEO/Chief Geologist Liberty Star Uranium & Metals Corp.

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Liberty Star Completes ZTEM Geophysical Survey at Hay Mountain, Southeast Arizona

Academy for Academic Excellence – The Liberty Bell – 2013 L.A. County Fair Marching Band Competition – Video

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Academy for Academic Excellence - The Liberty Bell - 2013 L.A. County Fair Marching Band Competition
From Apple Valley, CA Academy for Academic Excellence Marching Knights performing their musical selection entitled The Liberty Bell by John Philip Sousa at t...

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Academy for Academic Excellence - The Liberty Bell - 2013 L.A. County Fair Marching Band Competition - Video

The United States Hispanic Chamber of Commerce Foundation Partners with Liberty Power to Award $20,000 in Scholarships

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WASHINGTON, Sept. 23, 2013 (GLOBE NEWSWIRE) -- The United States Hispanic Chamber of Commerce Foundation (USHCC Foundation) and Liberty Power awarded a $10,000 scholarship and two $5,000 scholarships to students interested in pursuing careers in the fields of environment and energy. The recipients were announced during the USHCC's 2013 National Convention in Chicago, the largest gathering of Hispanic business leaders in America.

"The USHCC is proud of Liberty Power's leadership and commitment to fostering the development of tomorrow's stars. Hispanic youth are America's next great innovators, leading the nation's STEM enrollment rates with a 33 percent increase in the last decade alone," said USHCC President & CEO Javier Palomarez. "Liberty Power's generous donation will allow these students to pursue higher education, moving one step closer to achieving their dreams..." "There is a clear connection between my educational and life experiences and how I, with the help of others, have applied those lessons to get to where I am today," said David Hernandez, co-founder & CEO of Liberty Power. "Now, we at Liberty Power are proud to support promising young minds in their own educational pursuits."

The recipients of the $5,000 scholarships are Jonathan Taylor Fairey from the Georgia Institute of Technology studying industrial and systems engineering, and Lawrence Valverde from University of Illinois at Urbana-Champaign a Material Science PhD candidate. The grand prize winner of $10,000 is Tatiana Narvaez from Rice University studying Chemical Engineering.

About the United States Hispanic Chamber of Commerce Foundation

The USHCC Foundation is committed to giving Hispanic entrepreneurs alternatives for life preparation and life-long learning by developing and implementing initiatives and educational campaigns to awaken and nurture their entrepreneurial spirit. The Foundation leverages corporate and public support to ensure that existing and aspiring Latino entrepreneurs gain access and achieve success in the world of business. Please visit http://www.ushccfoundation.org for more information on the USHCC Foundation.

About Liberty Power

Headquartered in Fort Lauderdale, Florida, Liberty Power is the largest independent retail electric supplier in the United States based on 2013 KEMA rankings of electric retailers. The company is also the first certified, minority-owned supplier with a national footprint, and the largest Hispanic-owned energy company in the United States according to Hispanic Business. Liberty Power provides large and small businesses, government agencies and residential customers with low-cost electricity and exceptional customer service. For more information on Liberty Power, please visit http://www.libertypowercorp.com.

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The United States Hispanic Chamber of Commerce Foundation Partners with Liberty Power to Award $20,000 in Scholarships

Liberty Mutual’s Group Benefits Unit Launches Secure Website to Guide Beneficiaries and Expedite Group Life Claims …

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BOSTON--(BUSINESS WIRE)--

In order to provide beneficiaries with quick and easy access to important claim documents and information, Liberty Mutual Insurances Group Benefits unit has launched a new online capability for group life insurance beneficiaries.

Through a secure link provided by Liberty Mutual Insurance, the beneficiary can access a range of resources, including:

The site harnesses technology to provide group life beneficiaries with an immediate source of practical information and resources, ultimately speeding the claims process, notes Heather Luiz, director of product management at Liberty Mutuals Group Benefits operation. Now beneficiaries dont have to wait for critical documents, which means they have faster access to what are often essential benefits.

In addition to this new capability, Liberty Mutual Insurance offers a breadth of resources and support to beneficiaries, including sensitive and dedicated case managers to guide beneficiaries through the claims process, and services to help beneficiaries cope with grief, legal and financial issues.

Benefits consultants and brokers can get more information by emailing GroupBenefits@LibertyMutual.com

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 2012 direct premiums written as reported by the National Association of Insurance Commissioners.

Liberty Mutual Insurance also ranks 81st on the Fortune 100 list of largest corporations in the U.S. based on 2012 revenue. As of December 31, 2012, Liberty Mutual Insurance had $120.1 billion in consolidated assets, $101.5 billion in consolidated liabilities, and $36.9 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, group life, reinsurance, surety, individual life and annuity products. Liberty Mutual Insurance (www.libertymutualinsurance.com) employs more than 50,000 people in approximately 900 offices throughout the world.

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Liberty Mutual’s Group Benefits Unit Launches Secure Website to Guide Beneficiaries and Expedite Group Life Claims ...

Liberty Tax Service Reminds Business Owners of Affordable Care Act October 1 Deadline

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VIRGINIA BEACH, VA--(Marketwired - Sep 23, 2013) - Liberty Tax Service, a subsidiary of JTH Holding, Inc. (NASDAQ: TAX), is reminding business owners that the Affordable Care Act (ACA) requires them to notify employees by October 1, 2013 of health insurance coverage options. Under the ACA, businesses subject to the Fair Labor Standards Act (FLSA), must notify their employees of the insurance coverage options currently available to the employee. The Department of Labor's website has several model notices, including Spanish translations, for businesses to use depending on their specific scenario.

"Some business owners believe that they do not have to offer health insurance so they aren't required to do anything. However, businesses subject to the FLSA are required to notify all of their existing employees by October 1 of the insurance coverage options available through the health insurance marketplace," explains Chuck Lovelace, the Vice President of Affordable Care for Liberty Tax Service.

In order to address the changes the ACA will bring about to the tax industry, Liberty Tax has a department dedicated to training and educating its tax preparers and customers regarding the ACA's impact. For answers to questions or concerns regarding the ACA, individuals may email ACA@LibTax.com or call 1-800-673-8600.

Free seminars discussing the ACA's impact on individuals and businesses are open to the public at various Liberty Tax locations across the country. Free, informative pamphlets are also available to business owners and individuals who want to learn more about the ACA and its impact. Liberty Tax has a website, http://www.healthcaretaxinfo.com, which offers FAQs, a subsidy calculator, and scenarios for individual circumstances, to help inform the public about the ACA.

To find a local Liberty Tax Service office, call 1-866-871-1040 or visit http://www.LibertyTax.com.

About JTH Holding, Inc.Founded in 1997 by CEO John T. Hewitt, JTH Holding, Inc. is the parent company of Liberty Tax Service.As the fastest-growing tax preparation franchise, Liberty Tax Service has prepared over 12 million individual income tax returns.Liberty Tax Service also offers an online tax service, eSmart Tax, which enables customers to do their own taxes wherever there's a computer.eSmart Tax is backed by the tax professionals at Liberty Tax Service and its nationwide network of over 30,000 tax preparers, ready to offer their assistance at any time. For a more in-depth look at Liberty Tax Service, visit http://www.libertytax.com.

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Liberty Tax Service Reminds Business Owners of Affordable Care Act October 1 Deadline

Review of the Thule Force XXL Rooftop Cargo Box on a 2008 Jeep Liberty – etrailer.com – Video

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Review of the Thule Force XXL Rooftop Cargo Box on a 2008 Jeep Liberty - etrailer.com
http://www.etrailer.com/Thule/TH626.html Today on our 2008 Jeep Liberty we #39;ll be test fitting the Thule Force Double XL Rooftop Cargo Box, part number th...

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Review of the Thule Force XXL Rooftop Cargo Box on a 2008 Jeep Liberty - etrailer.com - Video


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