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4-Traders Homepage  >  Equities  >  Nyse  >  Newell Brands Inc    NWL

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Jostens : and Chicago Cubs to partner on historic World Championship Ring

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01/23/2017 | 11:16pm CET

MINNEAPOLIS, Jan. 23, 2017 /PRNewswire/ -- Jostens, the leading provider of high-end custom jewelry for professional sports teams, announced today, in partnership with the Chicago Cubs, that it has been named the Official Designer of the Chicago Cubs World Championship Ring.

The Cubs are actively working with Jostens' design team and master jeweler to develop this historic championship ring. The rings will be presented and take their official place in Cubs history during the team's "ring ceremony game," Wednesday, April 12 at Wrigley Field.

"During our comprehensive search to find the right partner to commemorate this moment in Chicago Cubs history, it became clear the only company that could deliver a program this significant was Jostens," said Crane Kenney, president, Business Operations. "Our organization believes Jostens is in a league of their own."

"Jostens is honored to work with the Chicago Cubs to create an elegant ring that tells the story of the team's historic 2016 season," said Chris Poitras, Jostens division vice president of professional sports. "The Chicago Cubs have been fantastic to work with and we look forward to presenting one of the most important pieces of team and MLB history. Additionally, we're working extremely hard to deliver first-class collections and programs for the entire Chicago Cubs network of fans. Those collections and replica pieces will be made public April 12, immediately following the ceremony."

During the Chicago Cubs Convention, Kenney announced the team would hold a contest to award 20 deserving fans with an opportunity to present Cubs players and coaches with their 2016 World Series Rings on the field at the ring ceremony game. The Championship Ring Bearer Fan contest began Jan. 14, and will run through 11:59 p.m. CST Tuesday, Feb. 14. For more information about the contest, and to read contest rules, please visit www.cubs.com/cubsringbearer.

Founded in 1897, Jostens has produced championship rings for professional sports teams and athletes for more than 60 years. In addition to collaborating with the Cubs, Jostens has partnered with other Chicago-based teams, including the Chicago Blackhawks, Chicago Bears, Chicago White Sox and Chicago Bulls, creating a total of 11 rings for those organizations.

About Jostens
Jostens is a trusted partner in the academic and achievement channel, providing products, programs and services that help its customers celebrate moments that matter. The company's products include yearbooks, publications, jewelry and consumer goods that serve the K-12 educational, college and professional sports segments. Founded in 1897 and based in Minneapolis, Minn., Jostens is a subsidiary of Newell Brands and can be found online at www.jostens.com.

About Newell Brands
Newell Brands (NYSE: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Paper Mate®, Sharpie®, Dymo®, EXPO®, Parker®, Elmer's®, Coleman®, Jostens®, Marmot®, Rawlings®, Oster®, Sunbeam®, FoodSaver®, Mr. Coffee®, Rubbermaid Commercial Products®, Graco®, Baby Jogger®, NUK®, Calphalon®, Rubbermaid®, Contigo®, First Alert®, Waddington and Yankee Candle®. For hundreds of millions of consumers, Newell Brands makes life better every day, where they live, learn, work and play.

This press release and additional information about Newell Brands are available on the company's website, http://www.newellbrands.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jostens-and-chicago-cubs-to-partner-on-historic-world-championship-ring-300395080.html

SOURCE Jostens

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Financials ($)
Sales 2016 13 393 M
EBIT 2016 2 067 M
Net income 2016 620 M
Debt 2016 11 610 M
Yield 2016 1,64%
P/E ratio 2016 29,24
P/E ratio 2017 18,45
EV / Sales 2016 2,54x
EV / Sales 2017 2,13x
Capitalization 22 393 M
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Newell Brands Inc Technical Analysis Chart | NWL | US6512291062 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 57,3 $
Spread / Average Target 23%
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NameTitle
Michael B. Polk Chief Executive Officer & Director
Mark S. Tarchetti President
Michael T. Cowhig Chairman
William A. Burke Chief Operating Officer & Executive Vice President
Ralph J. Nicoletti Chief Financial Officer & Executive Vice President
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