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Raclette Party Grill with Variable Thermostatic Control, Fondue Set, Stone Hot Plate, Aluminium Griddle, 8 Pans & Spatulas by Vitinni

Fantastic 8 person Raclette Grill with mini pans and wooden spatulas, from Vitinni

This funky Raclette Grill with Stone Hot Plate & Fondue Set is perfect for dinner parties, events and holidays, serving up to 8 people and ideal for preparing meat, vegetables, fish, cheese and more! It’s the perfect way to provide food and entertainment for your friends and family, and allows them to cook their own favourites across the table top.

8 individual mini pans, made from strong, lightweight aluminium with plastic handles and a wooden spatula for each one, make it easy for your guests to serve themselves. With no oil needed, it’s a fresh, healthy way of cooking. The fondue pot is perfect for melting cheese or chocolate, and with 8 colour-coded forks, people can help themselves!

The pans are ideal for more liquid based foods, like cooking eggs, heating sauces or melting cheese, while the large aluminium grill plate to the top provides plenty of space to fry and sear your ingredients, such as steak pieces, skewers, seafood and vegetables. There is also a round stone hot plate that can be used for grilling, or heating the stainless steel fondue pot.

Both upper plates are removable so it’s easy to clean after each use. The temperature dial to the front helps to control the heat perfectly, with an indicator light to show when the element has heated as required. It’s designed to evenly distribute the heat to the hot plates as well as the mini pans below, so everyone can enjoy their food at the same time.

With 1200W power, you can use this versatile raclette grill anywhere with an electricity supply – indoors or outdoors, at an event or on holiday, it’s even great for camping and caravanning!

Specifications

Assembled size: 47.5cm (W) x 12cm (H) x 32cm (D)

Cooking surface: 40cm (W) x 30cm (D) oval (approx.)

Power cable: 1m length

Power: 1200W; 220-240V

Weight: 2.5KG

  • Fun raclette party grill with versatile hot plate and fondue pot
  • Featuring a large aluminium griddle and round stone hot plate
  • 8 individual pans for grilling portions, each with a wooden spatula
  • Ideal for dinner evenings, Christmas parties and caravanning!
  • Specifications: 47.5cm (W) x 12cm (H) x 32cm (D); Power: 1200W

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Vitaco Chooses Bauer To Launch Aussie Bodies’ New Product – B&T

Bauer Media has created an integrated campaign for nutrition company Vitaco after winning a competitive pitch against a global advertising agency.

Vitaco awarded Bauer the launch campaign for its new Aussie Bodies Lo-Carb Whip’d bar based on an insight that on average, one in four women feel guilty after eating chocolate.

Bauer’s Brand Xperience team led the successful pitch and generated the insight based on their research findings of things that women feel most guilty about.

Targeted at women aged 25 to 45 with busy and active lifestyles, the campaign has been designed to raise awareness for the Lo-Carb Whip’d bar variants and convert customers through trial.

The creative, which was produced by Bauer Creative Studios, centres around how Aussie Bodies Lo-Carb Whip’d bars give women one less thing to feel guilty about with a call to action, ‘Aussie women, it’s time to let go of some of the guilt’.

The campaign includes video, native content, social media and magazine creative, and will run across Bauer’s portfolio of premium and trusted brands. In addition, the bars have been reviewed on Bauer’s newly-launched product review website, TrialTeam.com.au[1].

Jane Waterhouse, general manager of commercial and innovation at Bauer Xcel Media, said: “Bauer has influential relationships with high-value audiences, and we are delighted to be able to create customers for Aussie Bodies by connecting their products with our audience.

“The decision to award Bauer this campaign over a larger and more established creative agency is testament to the talent, data and expertise we have in-house, and demonstrates the deep understanding we have of women and how to engage with them.”

Amy Huntley, marketing manager at Aussie Bodies, said the campaign is quite a departure from those Aussie Bodies has done in the past.

“However, the insights that Bauer uncovered are extremely powerful, and subsequently this messaging has become the central piece to an integrated campaign that includes video, social, digital, sampling, multi-level in-store activations and ambassador participation,” she said.

References

  1. ^ TrialTeam.com.au (www.bandt.com.au)

Why Amazon’s seven-part bond deal is a bargain – MarketWatch

Amazon.com Inc. on Tuesday completed a $16 billion bond deal to fund its planned $13.7 billion acquisition of Whole Foods Market Inc.[1]

The issue came a day after ratings agency Moody’s Investors Service assigned the deal a Baa1 rating and revised Amazon’s credit outlook to positive from stable. S&P Global Ratings assigned the credit a higher rating of AA-minus last week.

Amazon raised $16 billion in a seven-part offering that included a 40-year tranche, underwritten by Bank of America Merrill Lynch, Goldman Sachs and J.P. Morgan Chase.

As expected, the bonds priced at the tight end of guidance, but the new concessions were still attractive, according to research firm CreditSights, which had upgraded its recommendation on Amazon’s bonds to outperform from underperform based on the initial price talk.

Initial price talk on the 10-year tranche was 110 basis points above comparable Treasurys, which later tightened to Treasurys plus 90 basis points. CreditSights analysts led by Jordan Chalfin said at the price, the notes were still a bargain.

‘While the 7s, 10s, and 20s seem the most attractive, we are comfortable buying Amazon’s bonds across the entire curve give its strong operating trends and competitive position in both its e-commerce and cloud computing businesses.’

Jordan Chalfin, CreditSights

The early price talk was about 30 basis points wider than where Oracle Corp. ORCL, +0.88%[2] , Intel Corp. INTC, -0.50%[3] and Apple Inc. AAPL, -0.40%[4] bonds are currently trading, said Chalfin, and Amazon debt should trade relatively in line with those. CreditSights classifies Amazon as a tech company, given the strength of its cloud business, Amazon Web Services, which contributed all of its operating profit in the last 12 months.

“As such, we would buyers if the 10-year bonds came at Treasurys plus 80 basis points or wider,” he wrote ahead of the pricing.

The other six tranches also tightened at pricing, with the 40-year pricing at 145 basis points over Treasurys, compared with initial price talk of 160 to 165 basis points over Treasurys, according to CreditSights.

The Amazon effect

Amazon has $8.746 billion in debt, according to FactSet, $8.25 billion of which is in the form of notes and bonds. The company’s most active bonds, the 3.800% notes that mature in December 2024, were last trading at 106.23 cents on the dollar, compared with 107.28 cents on the dollar on Monday, according to MarketAxess.

CreditSights said the existing debt would likely come under pressure, as the new notes are offering an attractive entry point given the premium built into older issues, all of which are trading at high dollar prices.

“While the 7s, 10s, and 20s seem the most attractive, we are comfortable buying Amazon’s bonds across the entire curve give its strong operating trends and competitive position in both its e-commerce and cloud computing businesses,” said Chalfin.

The biggest risk for investors in the debt is that Amazon is still in a strong investment phase, especially in its international business, which is squeezing profit and margins. The fact that the company is doing the bond deal when it could finance the Whole Foods deal with cash on hand suggests more M&A may be coming, a risk factor also highlighted by S&P Global.

“However, we think the attractiveness of the new issues and overall credit profile more than offset those risks,” said Chalfin.

A grocery grab

Moody’s said Monday its positive outlook “reflects our view that despite the increase in debt, the Whole Foods acquisition is an immediate credit positive for the company on a variety of fronts,” Moody’s Vice President Charlie O’Shea wrote in a note.

“Whole Foods WFM, -0.10%[5] provides Amazon AMZN, -0.48%[6] with greater scale and a crucial brick-and-mortar presence in a segment where it has been trying to grow, and the almost 500 existing Whole Foods locations can be utilized to expand food delivery, as well as provide pickup points for online orders of any type.”

The investment-grade rating reflects the strength of Amazon’s cloud business, Amazon Web Services, which accounts for most of the company’s operating income, said O’Shea. The company also enjoys significant cash-flow generation and a liquidity profile that includes cash and short-term investments of more than $21 billion as of the end of June.

But the rating also reflects the lack of transparency on strategy and financial policy, the high degree of possible volatility in operating earnings as the company spends heavily on new growth projects[7], and increasing online competition from traditional retailers.

Amazon and its founder and chief executive, Jeff Bezos, are famously tight-lipped about plans. Bezos does not join his company’s quarterly earnings calls, which are usually conducted by its chief financial officer. The executive told a conference in 2014 that he spends about six hours on investor relations a year.[8] The company does not pay a dividend and has not bought its own shares since 2012[9]. In its latest quarter, Amazon missed per-share earnings forecasts[10] by a wide margin.

Read now: Amazon thrives by thumbing its nose at Wall Street[11]

See also: What Blue Apron needs to do to survive the threat of Amazon[12]

Related: Amazon is getting too big and the government is talking about it[13]

“The acquisition of Whole Foods supports the company’s credit profile as it will ‘kick-start’ Amazon’s existing grocery business and indicates a recognition that a brick-and-mortar strategy, at least in this segment, is beneficial to the company’s growth strategy,” wrote O’Shea.

The positive outlook reflects the expectation that the integration of Whole Foods will be managed well and that AWS will continue to grow and yield big profits.

In the equity market, Amazon shares were flat Tuesday, but have gained 31% in 2017, while the S&P 500 has risen 10%.

Don’t miss: Amazon says new accounting rule will change the timing of when it recognizes sales of its devices[14]

More from MarketWatch

References

  1. ^ $13.7 billion acquisition of Whole Foods Market Inc. (www.marketwatch.com)
  2. ^ ORCL, +0.88% (www.marketwatch.com)
  3. ^ INTC, -0.50% (www.marketwatch.com)
  4. ^ AAPL, -0.40% (www.marketwatch.com)
  5. ^ WFM, -0.10% (www.marketwatch.com)
  6. ^ AMZN, -0.48% (www.marketwatch.com)
  7. ^ spends heavily on new growth projects (www.marketwatch.com)
  8. ^ about six hours on investor relations a year. (fortune.com)
  9. ^ has not bought its own shares since 2012 (www.marketwatch.com)
  10. ^ missed per-share earnings forecasts (www.marketwatch.com)
  11. ^ Amazon thrives by thumbing its nose at Wall Street (www.marketwatch.com)
  12. ^ What Blue Apron needs to do to survive the threat of Amazon (www.marketwatch.com)
  13. ^ Amazon is getting too big and the government is talking about it (www.marketwatch.com)
  14. ^ Amazon says new accounting rule will change the timing of when it recognizes sales of its devices (www.marketwatch.com)
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