Word: three-year-old
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...this is 1974. And this year's crop of speedballs has produced, thus far, no outstanding pretenders to Secretariat's throne. As a matter of fact, the three-year-old picture is a toss...
...less than one month, the Triple Crown will be up for grabs again. The nation's finest three-year-old thoroughbreds will be poised in the starting gate at Churchill Downs; their owners will be sweating; and thousands of fans will be screaming as the chase for Secretariat's crown gets underway with the Kentucky Derby...
McDonnell Douglas, formed by a 1967 merger, has consistently been one of the most profitable firms in the aerospace industry. While most competitors were just beginning to recover from a three-year-old slump, McDonnell Douglas profits last year rose 16% to $129.5 million, on sales of $3 billion. Unlike Lockheed and Grumman, the firm has avoided massive cost overruns on its Government contracts, through good luck and tight financial controls. Unlike Boeing, which has been concentrating its efforts on commercial airliners at a time when the airlines have too many seats and not enough passengers, McDonnell Douglas keeps about...
...most businesses, the energy shortage has been a burden. For a lucky few firms in such industries as oil and nuclear power, it has been a blessing. For Amtrak, the three-year-old quasi-Government agency that operates most U.S. passenger trains, the crisis has been a little of both. Riders are cramming aboard some of the trains in prodigious numbers because they cannot get gasoline for their cars. Yet it seems that the more people Amtrak carries, the more money it loses...
...Premier might have to resort to a one-party minority government. But the country's problems may be too much for such a government. Not only is there rampant inflation, widespread unemployment and an energy crisis, but Italy faces a spring referendum on repeal of a three-year-old divorce law that could split Italians along religious lines...