(Reuters) - Chrysler has expanded a recall regarding corrosion on Jeep Liberty SUVs to include the 2006 and 2007 model years after recalling the 2004 and 2005 model years in March, U.S. safety regulators and Chrysler said on Monday. The action brings the total number of Jeep Liberty vehicles recalled in the four model years to about 410,000. Most of those vehicles, about 347,000, are in the ...
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NEWARK, N.J. -- The Chicago Sky had no need for any late-game heroics Sunday. After three consecutive come-from-behind victories, the Sky (6-1) grabbed a lead late in the opening quarter and maintained it the rest of the way in a 73-64 WNBA victory over the New York Liberty at the Prudential Center. The Sky's fifth straight win extended the best start in franchise history. Epiphanny Prince scored 26 points, Tamera Young had 12, and Sylvia Fowles collected her seventh straight double-double with 10 points and 12 rebounds. Chicago improved to 4-0 on the road. Cappie Pondexter paced New York (3-6) with 22 points. Kia Vaughn had 16, and Essence Carson added 10. The loss snapped a three-game winning streak. The Sky trailed 11-8 midway through the opening quarter, but a Prince 3-pointer launched an 11-0 run that put the visitors firmly in command with a 19-14 lead after one quarter. Prince added 11 points in the second quarter to help her team to a 38-27 halftime advantage. The lead never slipped under nine points the rest of the way. The Sky return home Wednesday for a game with the Seattle Storm at Allstate Arena. Chicago travels to Indiana on Saturday. The Liberty plays at the Connecticut Sun on Friday.
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In her first three games this month, the Chicago Sky's Epiphanny Prince has produced one of the best strings of scoring performances in WNBA history. She's also been one of the buzzer-beating heroes during a franchise-best start.
Prince will try to set a league mark by scoring 30 or more points in a fourth consecutive game and lead the Sky to a team-record fifth straight victory Sunday against the resurgent New York Liberty.
Prince's run started with 31 points against Washington on June 1, and she had 13 of those during the final 1:44 of a 65-63 victory.
Sylvia Fowles hit a last-second layup to secure that win, but it was Prince who banked in a tying 3-pointer at the end of regulation and scored a career-high 33 points during a 94-92 overtime win over Atlanta the next day.
Prince, averaging a league-best 25.2 points, did it again against Tulsa on Friday when the Sky (5-1) used her buzzer-beating shot to force the extra period and her 32 points to down the Shock 98-91. That fourth straight win matched the franchise's longest streak from May 27-June 5, 2010.
"Sometimes she struggles with not wanting to take over," coach Pokey Chatman told the team's website. "I have to tell her, 'Please, just take over.' Only Epiphanny can stop Epiphanny."
Cynthia Cooper is the only other player in WNBA history with three consecutive 30-point games, doing so for the Houston Comets in 1997.
The Liberty (3-5) will try to end the Sky's run and slow down Prince while matching their longest win streak since a four-game run July 1-13.
Cappie Pondexter scored 25 points as her team held on for the latest of its victories, 76-70 in Washington on Friday.
Pondexter has averaged 25.3 points during New York's three straight wins after failing to top 20 in each of New York's franchise-worst five consecutive losses to open the season. Leilani Mitchell has also made 11 of 18 shots (61.1 percent) from 3-point range.
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Three students of Liberty University’s Department of Biology and Chemistry earned first-place awards at the Virginia Academy of Science annual meeting at Norfolk State University May 23-25.Lynchburg, VA (PRWEB) June 10, 2012 Three students of Liberty University’s Department of Biology and Chemistry earned first-place awards at the Virginia Academy of Science annual meeting at Norfolk State ...
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Liberty University Biology Students Shine at Virginia Academy of Science Annual Meeting
A tip from a purported psychic that led to a search for a mass grave at a Liberty County home and a subsequent media frenzy that reached all the way to Australia have prompted a lawsuit by the couple who lived on the property.
Joe Bankson and Gena Charlton have filed a lawsuit against the Liberty County Sheriff's Office, the woman who first called in with a tip, and a number of media outlets that allegedly reported that dozens of bodies, including those of children, had been discovered without confirmation.
A suspicious look
There was no merit to the tip. By the next morning, news reports focused on how local sheriff's deputies had been led on a wild goose chase. But attorney Andrew Sommerman said the damage had already been done.
"They could not go home again," Sommerman said of the couple. "Legally, they could, of course. But if something is said about you, even if it's taken back later, people look at you with suspicion or with a cloud over your head."
Sommerman, who filed the suit Tuesday in state district court in Dallas, said the couple's long-haul trucking business was damaged by the reports linking them to a potential crime.
"The media owes a duty to the public to make sure that what they report is true," Sommerman said. "One of the things that scares me is that information is coming out so quickly. It's all about beating a deadline, being the first to get something out. It's only an excuse to say we don't have time to investigate."
Besides the sheriff's office, defendants include the "Jane Doe" tipster, Houston television station KPRC, CNN, ABC News, the New York Times, the Thompson Reuters news service, and Dallas-based Belo Corp., which owns a number of broadcast outlets.
The suit alleges negligence and defamation on the part of the woman who called with the tip and charges the media defendants with defamation. It accused the sheriff's department of negligence in alerting the news media about the report and in the way it conducted its investigation.
Liberty County Attorney Wesley Hinch was unable to be reached for comment about the lawsuit, which asks for unspecified damage.
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The Sounds of Liberty will have another chance to share the stage with Republican presidential candidate Mitt Romney when they perform for the Faith and Freedom Coalition Conference June 14-16 in Washington, D.C.Lynchburg, VA (PRWEB) June 09, 2012 The Sounds of Liberty, Liberty University's premier touring ministry team, will have another chance to share the stage with Republican presidential ...
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Liberty University's Sounds of Liberty Invited to Washington, D.C. Conference
BOSTON, MA--(Marketwire -06/08/12)- Below is the May 2012 Monthly Update for the Liberty All-Star Equity Fund. (USA)
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Liberty University Online Academy celebrates 2012 Commencement and graduate’s superior achievements. Liberty Online Academy opens academic doors for high school students seeking Christian online homeschool experience and academic growth.Lynchburg, VA (PRWEB) June 08, 2012 Liberty University’s 3rd-12th grade online homeschool program, Liberty University Online Academy, celebrated the achievements ...
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Liberty University Online Academy Celebrates 2012 Graduate’s Achievements
WASHINGTON (AP) Cappie Pondexter credited one sleepless night on the road with her role in the New York Liberty's turnaround. Early slumbering once again cost the Mystics.
Pondexter scored 25 points, the Liberty took control with a 30-5 first-half run and survived a frantic fourth quarter for their first road victory of the season, 76-70 over the Washington Mystics on Friday night.
Leilani Mitchell hit four 3-pointers and scored 16 points for the Liberty, winners of three straight after opening the season 0-5. The latest victory also snapped a five-game losing streak in Washington dating to the 2009 season.
New York shot 60 percent (21 of 35) from the field in the first half, including 5 of 6 from beyond the arc and held a 29 point with just under nine minutes 9 in the second quarter.
Crystal Langhorne led the Mystics (1-5) with 24 points.
Trailing 65-45 late in the third quarter, the Mystics pulled closer when Langhorne fueled a 15-2 run, followed by a spree of 3-point field goals. Matee Ajavon drilled her second from beyond the arc in the fourth quarter with 1:37 remaining as Washington trailed 73-70, but Essence Carson countered with a 3-pointer of her own on New York's next possession.
''We did a lot of great things in the first half, kind of shocked Washington,'' said Pondexter, who shot 9 of 13 from the field. ''They didn't expect us to come out as aggressive as we did. I think they made some adjustments in the second half. We got a little winded, but we played a solid game.''
The Liberty lost their three previous road games this season by an average of 21.3 points, including 91-68 at Indiana on June 2.
''It was embarrassing,'' Pondexter said. ''Myself, the leader of this team, I was angry, probably the worst team has ever seen me. I couldn't sleep. We had a back-to-back so I was pretty much up all night, just trying to figure things out."
Langhorne scored 10 points during the second-half rally. In her first start this season, Michelle Snow finished with 10 points and 12 rebounds.
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The Liberty Channel, Liberty University’s in-house television network, is now available to an even wider audience.Lynchburg, VA (PRWEB) June 07, 2012 The Liberty Channel, Liberty University’s in-house television network, is now available to an even wider audience.The station is available in local cable packages with Comcast (Channel 10) and Shentel (Channel 12), as well as digitally on Channel ...
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Liberty University's Liberty Channel Expands Its Reach Across Multiple Platforms
MINNEAPOLIS, June 7, 2012 /PRNewswire/ --Liberty Diversified International (LDI) has promoted Dan Zdon to President and Chief Operating Officer. Globally, LDI manufactures and markets products in several industries, including paper and packaging, office products, healthcare, building products and precision machining.
Zdon had been Executive Vice President and Chief Operating Officer since 2009 and assumes the President title previously held by LDI's Chairman and Chief Executive Officer, Mike Fiterman.
"Naming Dan Zdon President acknowledges his role in our family-owned company as a leader, a strategist and a valued executive," Fiterman said.
Zdon now has daily operating responsibility for each of LDI's businesses, and will also have management responsibility for the corporate "shared services" unit which provides legal, accounting, IT, human resources and other support to all business units. He has been an LDI employee since 2000 and spent the early part of his LDI career in the Safco Products unit, which markets a broad line of products to enhance office environments, including furniture and workplace organization products.
"Our businesses will continue to thrive with Dan in this expanded position," Fiterman said. "He's admired by all of LDI's key stakeholders customers, employees, shareholders, suppliers and leaders in the communities in which we operate," he said.
About LDI
Headquartered in New Hope, Minn., LDI is a privately-held family of companies with nearly 1,600 employees operating in the paper and packaging, office products, healthcare, building products and precision machining markets. With roots in the corrugated fiberboard business, the company was founded in 1918. To learn more, visit http://www.libertydiversified.com.
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Liberty Diversified International Promotes Zdon to President, COO
The New York Liberty appear to be getting on track after the worst start in franchise history. The Washington Mystics can't make that same claim.
New York goes for a third consecutive win while it looks to end a five-game road skid against the Mystics, who will be trying to avoid their second straight 1-5 start Friday night.
The Liberty were outscored by an average of 17.4 points in dropping their first five games before beating Indiana 87-72 on Sunday and Atlanta 79-74 on Tuesday.
Guard Cappie Pondexter led the way in both victories, scoring 25 points against the Fever and 26 versus the Dream after failing to reach the 20-point mark in any of the first five games.
"Being 0-5, I never experienced that before anywhere in any part of my career," Pondexter said. "It was awful. I knew we had to turn things around."
Pondexter scored nine of the Liberty's 18 points in the fourth quarter Tuesday.
"We had to refocus the last couple of days after we lost five in a row," she said. "It was just a case of me being aggressive. The important thing for us is to focus on what we need to do to win."
Guard Leilani Mitchell has totaled 31 points in the back-to-back wins after scoring a combined 19 during the winless start.
"Of course, we knew we were a better team than 0-5," Mitchell said. "But it's a long season and the league is so good. Any game could go either way. It was very frustrating to lose those five games, but we had to remain positive."
Washington is dealing with its own frustration after another poor start. The Mystics lost their third straight Sunday, 94-86 at Connecticut.
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LYNCHBURG, Va., June 7, 2012 (GLOBE NEWSWIRE) -- StraighterLine (www.straighterline.com) announced today that Liberty University Online (www.LUOnline.com) has joined their rapidly expanding network of partnering colleges, welcoming StraighterLine students to transfer credits for enrollment in one of Liberty's online degree programs.
StraighterLine provides a unique path for students to get the basic credits they need at an affordable rate. Through StraighterLine's unique structure and affordable pricing plan, students can complete freshman and introductory-level classes while saving thousands on their college degree.
As a StraighterLine partner institution, Liberty Online is able to offer flexible, affordable, accredited online degree programs, in over 100 programs of study, to StraighterLine students continuing to pursue their educational goals.
Liberty Online is coming alongside StraighterLine and those students seeking to fulfill their basic course requirements in this manner to help them continue to experience the flexibility and affordability they are seeking. With eight-week sub-terms continually offered throughout the year, Liberty's online program affords students the flexibility to complete course work when and where best suited to their needs, while accelerating their degree completion.
Through this partnership, Liberty Online is offering transfer credit to those students who have successfully completed StraighterLine's online college courses. With a wide assortment of course options, StraighterLine currently offers thirty-eight entry-level college courses online including English, math, humanities, business, college prep, and science. StraighterLine courses are evaluated and recommended by the American Council on Education's College Credit Recommendation Service (ACE CREDIT), ensuring a smooth transition to students wanting to take their education to the next level.
About Liberty University
Liberty University, located in Lynchburg, Va., is the world's largest Christian university. Offering courses on its 6,800-acre, residential campus and in online format, Liberty is home to nearly 100,000 students.
Liberty Online strives to meet the needs of students on all fronts. Liberty offers more than 100 fully-accredited online programs of study, from the associate to doctoral level, and embraces the opportunity to assist individuals in advancing their education.
Since 1971, the mission of Liberty University has been to develop Christ-centered men and women with the values, knowledge, and skills essential to impact tomorrow's world. With a unique heritage and an expanding future of influence, Liberty continues steadfast in its mission of Training Champions for Christ.
As part of the world's largest, non-profit, Christian university, Liberty Online is known for its high student satisfaction and retention rates. Liberty Online continues to focus on student success by providing exceptional resources, including an online library, Online Writing Center, a partnership with Tutor.com, Liberty Online Ministries, and knowledgeable Academic Advisors.
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Liberty Property Limited Partnership, a subsidiary of Liberty Property Trust (LRY) a real estate investment trust (:REIT), has recently priced an offering of $400 million aggregate principal amount of 4.125% senior unsecured notes due June 15, 2022.
The 4.125% senior unsecured notes offering was priced to yield 4.149% with the offering expected to close on June 11, 2012.
The proceeds from the debt offering will be used to repay debt outstanding under the company's unsecured credit facility and for other general corporate purposes
Liberty Property reported first quarter 2012 FFO (fund from operations) of 68 cents per share compared with 65 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
During the first quarter 2012, Liberty Property redeemed $32.5 million of its outstanding 6.65% Series F Cumulative Redeemable Preferred Units for $26.0 million and redeemed the entire $95.0 million of 7.45% Series B Cumulative Redeemable Preferred Units at par. At the end of first quarter 2012, the company had $27.6 million of cash and cash equivalents.
Based in Pennsylvania, Liberty Property provides leasing, property management, development, construction management, design management, and related services for a portfolio of industrial and office properties. The company focuses primarily on prime suburban properties in the Southeast, Mid-Atlantic, and Midwest.
The company possesses a conservative balance sheet and offers a steady dividend payout to the shareholders which augur well for the long-term growth of the company.
We currently have a Neutral recommendation on Liberty Property, which presently has a Zacks #3 Rank that translates into a short-term Hold rating. One of its competitors, Duke Realty Corp. (DRE) currently retains a Zacks #3 Rank.
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- Liberty on track to start production at Hart in Q1 2014 -
TSX: LBE
TORONTO , June 7, 2012 /CNW/ - Liberty Mines Inc. ("Liberty" or the "Company") announced today that an important planning phase necessary for launching production at its Hart Mine has been approved and filed by the Ontario Ministry of Northern Development and Mines. The plan, which is a necessary requirement for mines operating in Ontario, provides details and financial assurance on the rehabilitation measures that Liberty will take during operations and after the life of the Hart Mine has been exhausted.
"With approval of the Hart Mine Closure Plan in place, we are one important step closer to launching production at our Hart Mine, which we expect in early 2014," said Chris Stewart , President and CEO of Liberty Mines. "Over the coming months, we will continue on our deep drilling program at Hart and advance towards completion of a feasibility study by year end."
The Hart Mine, which is located approximately 30 kilometres from Timmins, Ontario, is a nickel deposit currently consisting of 1.55 million tons of indicated resource with a grade of 1.40% nickel. Liberty expects production at Hart to start in Q1/2014 with an initial production of 250 tons per day, eventually ramping up to 750 tons per day.
All ore produced at the Hart Mine will feed Liberty's Redstone mill which has a design capacity of 2,000 tonnes per day and is currently permitted to operate at 1,500 tonnes per day. The Redstone mill is the only nickel mill and concentrator in the Shaw Dome Nickel region, and it is located approximately 6 kilometers away from the Hart Mine.
In January 2012 , Liberty announced that it restructured its net smelter royalty on the Hart Mine, reducing the amount to one percent (1.0%) through a lump sum payment of $1 million to Canadian Arrow Mines.
About Liberty Mines Inc. Liberty Mines Inc. is a mid-tier producer of nickel and is focused on the exploration, development and production of nickel, copper, cobalt and platinum group metals from its properties in Ontario, Canada . It owns and operates the only nickel concentrator in the Shaw Dome, a prospective nickel belt region near Timmins, Ontario. With a new management team in place, Liberty is focused on growth initiatives not only through a more aggressive exploration program on its current properties but also through potential acquisition or partnership opportunities beyond its core Timmins area projects.
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Liberty Mines Receives Government Approval of the Hart Mine Closure Plan
Home Business Automotive Loading
Published: 6/7/2012 - Updated: 3 minutes ago
BY TYREL LINKHORN BLADE BUSINESS WRITER
Jeep will stop building the Liberty sport utility vehicle on Aug. 16, a move that will eliminate some jobs at local suppliers that did not get contracts for the incoming model. However, other suppliers stand to add workers when Jeep begins producing the next-generation replacement in 2013.
Dana Holding Corp. and Faurecia Inc. will each cut about 40 jobs that support the Toledo-built Liberty, The Blade has learned.
Chuck Hartlage, a spokesman for Dana, confirmed the Mamuee-based parts supplier will close a small axle assembly plant at 315 Matzinger Rd. Mr. Hartlage said the plant's 37 employees have been notified the plant will be shuttered Aug. 16.
Union officials affirmed that Aug. 16 is Chrysler Group LLC's shut-down date for the Liberty line.
Dana opened the Matzinger Road plant in 2006 specifically to supply the Liberty and the now-defunct Dodge Nitro. But as Chrysler prepares to bring an all-new model to the Toledo Assembly complex, that work no longer will be there.
"Every time a program or a vehicle is updated, you may continue to supply the parts or they may source it elsewhere," Mr. Hartlage said. "We're not going to be supplying the next generation on that specific part. We still have a lot of business on Jeep vehicles."
Bruce Baumhower, president of UAW Local 12, said Chrysler is bringing axle assembly work back in-house.
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MALVERN, Pa., June 6, 2012 /PRNewswire/ --Liberty Property Trust (LRY), announced today that its limited partnership subsidiary, Liberty Property Limited Partnership, has priced $400 million aggregate principal amount of 4.125% senior unsecured notes due June 15, 2022. The 4.125% notes were priced to yield 4.149%. The offering is expected to close on June 11, 2012, subject to customary closing conditions.
The proceeds will be used to repay indebtedness outstanding under the Company's unsecured credit facility and for general corporate purposes.
This offering is being made pursuant to a prospectus supplement to the Company's base prospectus included in an automatic shelf registration statement initially filed with the Securities and Exchange Commission on May 5, 2011.
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 Citigroup Global Markets Inc., Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220, toll free at (800) 831-9146 or at batprospectusdept@citi.com; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attention: High Grade Syndicate Desk, 3rd floor, telephone collect at (212) 834-4533, or UBS Securities LLC, Attn: Prospectus Specialist, 299 Park Avenue, New York, NY 10071 or by telephone at 877-827-6444, ext. 561 3884.
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 (LRY) 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 77 million square foot portfolio includes 650 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, it can give no assurance that its expectations will be achieved. As forward-looking statements, these statements involve risks, uncertainties and other factors that could cause actual results to differ materially from the expected results. These factors include, without limitation, the uncertainties affecting real estate businesses generally (such as entry into new leases, renewals of leases and dependence on tenants' business operations), risks relating to our ability to maintain and increase property occupancy and rental rates, the financial condition of tenants, the uncertainties of real estate development and construction activity, the costs and availability of financing, the effects of local economic and market conditions, regulatory changes, potential liability relative to environmental matters and other risks and uncertainties detailed in the company's filings with the Securities and Exchange Commission. The company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
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Liberty Property Trust Prices $400 Million Of 4.125% Senior Notes Due 2022
Updated at 1:50 p.m. 6/6/12 to correct the following: "Karmazin recently said he would do his best to prevent Liberty from gaining control of the company." Sirius XM CEO Mel Karmazin actually said if anyone were to gain control he would like them to pay a premium. TheStreet regrets the error.
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NEW YORK, NY--(Marketwire -06/06/12)- American Liberty Petroleum, Corp. (OREO) has recently announced a progress update to their Nevada based wells and has released that they have completed their second sale of crude to Foreland's Eagle Springs Refinery.
In its report on American Liberty Petroleum, Grass Roots Research noted that the U.S. demand for energy is forecast to grow 20% from 2009 to 2035. The main driving force for oil will be ever increasing demand for energy. Grass Roots believes that oil will remain a dominant fuel in the future as growing demand for energy is not likely to be fulfilled by alternative sources. Additionally, geopolitical tensions make oil imports from Middle East erratic. According to Grass Roots, this calls for substantial oil and gas investment domestically. OREO is one U.S. oil company that is looking to explore oil and gas domestically. Grass Roots also notes that OREO's two attractive oil prospects, which are situated in Western Nevada, are estimated to have a total reserve of approximately 4.6 billion barrels. (http://bit.ly/MeodIp)
Other active stocks are Isramco, Inc (ISRL), Hercules Offshore, Inc. (HERO) and Gulfport Energy (GPOR)
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.
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American Liberty (OTCBB: OREO) Issues Progress Report on Nevada Wells
UpdatedJun 5, 2012 10:22 PM ET
After the New York Liberty lost their first five games of the season, All-Star guard Cappie Pondexter found herself in totally unfamiliar territory.
''Being 0-5, I never experienced that before anywhere in any part of my career,'' Pondexter said. ''It was awful. I knew we had to turn things around.''
Pondexter scored 26 points to lead the Liberty to their second straight win, a 79-74 victory over the Atlanta Dream on Tuesday night.
Pondexter took it upon herself to carry the Liberty to the victory, making clutch shots in the fourth quarter. Her driving goal with 8:29 left gave the Liberty the lead for good and her three-point play with 4:36 left pushed the lead to 70-66.
''We had to refocus the last couple of days after we lost five in a row,'' said Pondexter, who had nine points in the final period. ''It was just a case of me being aggressive. The important thing for us is to focus on what we need to do to win.''
Leilani Mitchell added 18 points in the victory.
''Of course, we knew we were a better team than 0-5,'' Mitchell said. ''But it's a long season and the league is so good. Any game could go either way. It was very frustrating to lose those five games, but we had to remain positive.''
Atlanta dropped to 2-4 after losing its second straight contest
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