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Ringmaker boosts loss: Jostens Inc., a maker of class rings, school diplomas and yearbooks, warned it will have a steeper third-quarter loss than expected because of costs related to starting two plants and switching compensation for some salespeople. The Minneapolis-based firm said it expects a loss of 15 cents to 20 cents a share when it reports on Oct. 21. Jostens said third-quarter sales are expected to rise about 3.7 percent, in line with the first half of the year. Jostens said orders for high school class rings to be delivered before the December holiday season are higher than last year.
