Word: nettings
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Dates: during 1950-1959
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...rejection: if the Middle East states feel themselves threatened, they have every right to join "with other nations in legitimate collective-security arrangements," e.g., the Baghdad Pact, and the U.S. wants no part of a big-power attempt, "as suggested by the U.S.S.R.," to abrogate this right. Net effect of the U.S. reply: to put Moscow on notice that the U.S. intends to go ahead with the Eisenhower Doctrine...
...supersonic F106 interceptor and Republic's F-105 fighter-bomber. To add to its horsepower riches, Pratt & Whitney has important military contracts for a smaller J52 jet engine and a T57 turboprop, and is building a $50 million plant in Connecticut to develop a nuclear engine. Net result for United Aircraft, whose Chairman H. M. ("Jack") Horner and President William P. Gwinn also have a booming business in Hamilton-Standard propellers and Sikorsky helicopters: a $2.3 billion backlog at the end of 1956, which was some $900 million more than...
Penn-Texas has spent about $17 million for F-M stock, owes "under $18 million." The stock buying has not helped Penn-Texas' own stock. From a high of $22 it is down to $12-even though the company's net income rose to $4,813,000 (including $1,390,000 from the sale of fixed assets and tax credits) in the first nine months of 1956 v. only $1,940,000 for all of 1955. To buy control of Fairbanks, Morse with a total $35 million, insists Silberstein, "is what I call a smart investment. The company...
...managed for the government by enti, autonomous administrations which today number more than 1,000. (Exactly how many more nobody knows.) Perhaps 200 of these corporations, e.g., the Imperial African Transport Society and the ente in charge of Albanian banks, have long since outlived their functions and represent a net loss to the Italian taxpayers. But even more of a menace to Italy's economic health are such aggressive, purposeful enti as E.N.I., the burgeoning oil and gas corporation which, under the leadership of hard-driving Enrico Mattei (TIME, Nov. 29, 1954), has waged a determined fight to prevent...
Michigan lost its All-American goalie Lorne Howes at the end of last year (he graduated), but sophomore Ross Childs has filled his shoes very capably and is recognized as one of the best net-minders in the country...