June 7, 2000 |
Caterpillar Inc. will be allowed to sell its own brand of toys, shoes and other merchandise at a farm attraction it is sponsoring in Walt Disney Co.'s new California Adventure park, Caterpillar spokeswoman Rachele Kunz says. Usually, only Disney merchandise is sold at the park. Though unusual, the arrangement with Caterpillar is not without precedent: A Mattel Inc.
July 17, 2002 |
Caterpillar Inc. said second-quarter net income fell 26%, far below estimates, and lowered its estimate for full-year profit because of declining spending on bulldozers and backhoes. Shares of the No. 1 maker of earthmoving equipment fell 4.9% after the company said net income fell to $200 million, or 58 cents a share, from $271 million, or 78 cents, in the year-earlier quarter. Sales fell 3.6% to $5.