>>> Carl Icahn discloses updated portfolio positions in 13F filing: Lowered FCX

Carl Icahn discloses updated portfolio positions in 13F filing: Lowered FCX position, Maintained CVI AIG LNG HTZ XRX HLF NAV PYPL holdings
Highlights from 2017 Q3 filing as compared to 2017 Q2 filing:
  • Maintained positions in: CVI (~71.2 mln shares), AIG (~42.98 mln shares), LNG (~32.68 mln shares), HTZ (~29.26 mln shares), XRX (~24.76 mln shares), HLF (~22.87 mln shares), NAV (~16.73 mln shares), PYPL (~10 mln shares)
  • Decreased positions in: IEP (to ~153.49 mln shares from ~149.28 mln shares), FCX (to ~77.16 mln from ~91.59 mln)

>>> Duquesne Family Office (Stanley Druckenmiller) discloses updated portfolio p

Duquesne Family Office (Stanley Druckenmiller) discloses updated portfolio positions in 13F filing: VALE, C, CF new positions; JD WDAY CRM increased positions; CMCSA MRK PTC NOW closed positions
Duquesne Family Office (Stanley Druckenmiller) discloses updated portfolio positions in 13F filing: Highlights from 2017 Q3 filing as compared to 2017 Q2 filing:
  • New positions in: VALE (~2.48 mln shares), C (~1.1 mln), CF (~0.39 mln), BK (~0.38 mln), DESP (~0.3 mln)
  • Increased positions in: JD (to ~2.19 mln shares from ~1.36 mln shares), WDAY (to ~0.79 mln from ~0.25 mln),CRM (to ~1.53 mln from ~1.08 mln), MSFT (to ~2.91 mln from ~2.63 mln), GOOGL (to ~0.23 mln from ~0.17 mln)
  • Maintained positions in: CTRP (~1.41 mln shares), FB (~1.08 mln shares), PYPL (~0.93 mln shares), BABA (~0.78 mln shares), EA (~0.71 mln shares)
  • Closed positions in: CMCSA (from ~1.97 mln shares), MRK (from ~0.76 mln), PTC (from ~0.45 mln), NOW (from ~0.43 mln), AAL (from ~0.4 mln), DAL (from ~0.39 mln)
  • Decreased positions in: POT (to ~0.61 mln shares from ~2.09 mln shares)

>>> Baker Bros discloses updated portfolio positions in 13F filing: Notable new

Baker Bros discloses updated portfolio positions in 13F filing: Notable new positions include TTPH, ACOR, GWPH... Closed out PTN. ALDR. JUNO
Highlights from 2017 Q3 filing as compared to 2017 Q2 filing:
  • New positions in: TTPH (~0.94 mln shares), ACOR (~0.52 mln), VNDA (~0.42 mln), CMTA (~0.25 mln), VYGR(~0.24 mln), KRYS (~0.2 mln), TTOO (~0.1 mln), GWPH (~0.08 mln), MTEM (~0.07 mln)
  • Increased positions in: ARRY (to ~5.21 mln shares from ~1.59 mln shares), CFRX (to ~7.15 mln from ~4.05 mln),GNMX (to ~4.55 mln from ~1.62 mln), RTTR (to ~2.8 mln from ~0.4 mln), BCRX (to ~14 mln from ~11.72 mln) CBAY(to ~2.99 mln from ~1.29 mln), ASND (to ~2.35 mln from ~1.75 mln) NBRV (to ~0.94 mln from ~0.35 mln), NLNK(to ~1.01 mln from ~0.5 mln),
  • Maintained positions in: SGEN (~45.73 mln shares), INCY (~34.23 mln shares), ACAD (~25.82 mln shares), GHDX(~13.78 mln shares), ALXN (~8.55 mln shares), BMRN (~5.91 mln shares)
  • Closed positions in: PTN (from ~2.05 mln shares), ALDR (from ~0.22 mln), ZGNX (from ~0.19 mln), CRBP (from ~0.13 mln), MCRB (from ~0.13 mln), CMRX (from ~0.12 mln), JUNO (from ~0.05 mln), RARE (from ~0.03 mln)
  • Decreased positions in: SGMO (to ~2.11 mln shares from ~4.11 mln shares), AKAO (to ~3.89 mln from ~4.8 mln),LJPC (to ~0.15 mln from ~0.5 mln), IMGN (to ~2.69 mln from ~3.02 mln), VSAR (to ~1.44 mln from ~1.66 mln),BLUE (to ~0.24 mln from ~0.3 mln), LOXO (to ~0.1 mln from ~0.14 mln)

>>> Iconiq discloses updated portfolio positions in 13F filing: New positions in

Iconiq discloses updated portfolio positions in 13F filing: New positions in CELH and PARR
Highlights from 2017 Q3 filing as compared to 2017 Q2 filing:
  • New positions in: CELH (~1.13 mln shares), PARR (~23K shares)
  • Increased positions in: FB (to ~0.37 mln shares from ~4K shares), VEA (to ~0.29 mln from ~0.18 mln), JD (to ~0.28 mln from ~0.25 mln), VWO (to ~0.06 mln from ~0.03 mln), VT (to ~0.04 mln from ~0.03 mln) VTI (to ~0.1 mln from ~0.09 mln),
  • Maintained positions in: IAU (~2.65 mln shares), ACWI (~2.37 mln shares), COUP (~2.19 mln shares), GLD (~0.78 mln shares), IWB (~0.33 mln shares)
  • Closed positions in: ISTB (from ~4K shares), RWR (from ~3.8K shares)
  • Decreased positions in: BL (to ~8.17 mln shares from ~10.25 mln shares), BABA (to ~0.64 mln from ~0.96 mln)

>>> Sen Toomey (R-PA): Senate Finance Committee will take up provision to repeal

Sen Toomey (R-PA): Senate Finance Committee will take up provision to repeal Obamacare mandate as part of GOP tax bill markup tomorrow
--> Earlier: (US) Sen Maj Leader McConnell (R-KY): optimistic that inserting the repeal of the ACA individual mandate into the tax bill would be helpful - press
- Fin Chair Sen Hatch: the Obamacare mandate repeal is not now part of the revised Senate bill; Finance Committee still set to issue new tax plan today

(ZH) Bombshell Report Confirms US Coalition Struck A Deal With ISIS

Bombshell Report Confirms US Coalition Struck A Deal With ISIS

At a moment of widespread acknowledgement that the short-lived Islamic State is no longer a reality, and as ISIS is about to be defeated by the Syrian Army in its last urban holdout of Abu Kamal City in eastern Syria, the US is signalling an open-ended military presence in Syria.On Monday Defense Secretary Jim Mattis told reporters at the Pentagon that the US is preparing for a long term military commitment in Syria to fight ISIS "as long as they want to fight."
Mattis indicated that even should ISIS loose all of its territory there would still be a dangerous insurgency that could morph into an "ISIS 2.0" which he said the US would seek to prevent. “The enemy hasn’t declared that they’re done with the area yet, so we’ll keep fighting as long as they want to fight,” Mattis said. “We’re not just going to walk away right now before the Geneva process has traction.”

Defense Secretary Jim Mattis stands in front of a map of Syria and Iraq.

Mattis was referring to the stalled peace talks in Geneva which some analysts have described as a complete failure (especially as the Geneva process unrealistically stipulates the departure of Assad), as the future of Syria has of late been increasingly decided militarily on the battlefield, with the Syrian government now controlling the vast majority of the country's most populated centers.

Ironically just as some degree of stability and normalcy has returned to many parts of the county now under government control, Mattis coupled the idea of a permanent US military presence with the goal of allowing Syrians to return to their homes. He said, “You keep broadening them. Try to (demilitarize) one area then (demilitarize) another and just keep it going, try to do the things that will allow people to return to their homes.”
Meanwhile Turkey once again reiterated that the US has 13 bases in Syria, though the US-backed Syrian YPG has previously indicated seven US military bases in northern Syria. The Pentagon, however, would not confirm base locations or numbers - though only a year-and-a-half ago the American public was being assured that there would be "no boots on the ground" due to mission creep in Syria.
During the last year of the Obama administration, State Department spokesman John Kirby was called out multiple times by reporters for tell obvious and blatant lies concerning "boots on the ground" in Syria.


Remember this? "We are not going to be involved in a large scale combat mission on the ground in Syria. That is what the president [Obama] has long said."

Last summer, in a move that angered the US administration, Turkish state media leaked the locations of no less than ten small scale American military bases in northern Syria alone (revelations of US bases in southern Syria began surfacing as well). As another recent Pentagon press conference further acknowledged, these bases - though likely special forces forward operating bases - require a broad network of US personnel operating in various logistical roles inside Syria and likely now includes thousands of US troops deployed on the ground, instead of the Pentagon's official (and highly dubious) "approximately 500 troops in Syria" number.
Mattis' declaration of an open ended military commitment in Syria came the same day that the BBC confirmed that the US and its Kurdish SDF proxy (Syrian Democratic Forces) cut a deal with ISIS which allowed for the evacuation of possibly thousands of ISIS members and their families from Raqqa.
According to yesterday's bombshell BBC report:



The BBC has uncovered details of a secret deal that let hundreds of Islamic State fighters and their families escape from Raqqa, under the gaze of the US and British-led coalition and Kurdish-led forces who control the city. A convoy included some of IS's most notorious members and - despite reassurances - dozens of foreign fighters. Some of those have spread out across Syria, even making it as far as Turkey.

IMPORTANT NOTE: Omar fields falling into hands of SDF could well have been part of a Quid pro quo deal that allowed ISIS to leave Raqqa for allowing SDF to capture Omar oil field after ISIS attacks #SyrianArmy positions. If you read 1 article today, make sure its one by BBC below https://twitter.com/ehsani22/status/930134159607070721 …

  • 1212 Replies

  • 8686 Retweets

  • 7777 likes

The @BBCBreaking uncovers a secret #USA deal that let hundreds of #ISIS fighters, including foreign militants, escape from #Raqqah http://bbc.in/2zzRWjy via @O_Rich_

4000 #ISIS and families evacuated by #USA forces from #Raqqah, including foreign fighters: the scandal of the century. pic.twitter.com/P5UdgbgBn1

  • 1111 Replies

  • 146146 Retweets

  • 6868 likes

Though it's always good when the mainstream media belatedly gives confirmation to stories that actually broke months prior, the BBC was very late to the story. ISIS terrorists being given free passage by coalition forces to leave Raqqa was a story which we and other outlets began to report last June, and which Moon of Alabama and Al-Masdar News exposed in detail a full month prior to the BBC report.
And astoundingly, even foreign fighters who had long vowed to carry out attacks in Europe and elsewhere were part of the deal brokered under the sponsorship of the US coalition in Syria. According to the BBC report:


Disillusioned, weary of the constant fighting and fearing for his life, Abu Basir decided to leave for the safety of Idlib. He now lives in the city. He was part of an almost exclusively French group within IS, and before he left some of his fellow fighters were given a new mission.

"There are some French brothers from our group who left for France to carry out attacks in what would be called a ‘day of reckoning.’”

Much is hidden beneath the rubble of Raqqa and the lies around this deal might easily have stayed buried there too. The numbers leaving were much higher than local tribal elders admitted. At first the coalition refused to admit the extent of the deal.
So it appears that the US allowed ISIS terrorists to freely leave areas under coalition control, according to no less than the BBC, while at the same time attempting to make the case before the public that a permanent Pentagon presence is needed in case of ISIS' return. But it’s a familiar pattern by now: yesterday's proxies become today's terrorists, which return to being proxies again, all as part of justifying permanent US military presence on another nation's sovereign territory.
America's Syrian adventure went from public declarations of “we’re staying out” to “just some logistical aid to rebels” to “okay, some mere light arms to fight the evil dictator” to “well, a few anti-tank missiles wouldn’t hurt” to “we gotta bomb the new super-bad terror group that emerged!” to “ah but no boots on the ground!” to “alright kinetic strikes as a deterrent” to “but special forces aren’t really boots on the ground per se, right?” to yesterday's Mattis declaration of an open-ended commitment. And on and on it goes

>>> BP Capital (Boone Pickens) discloses updated portfolio positions in 13F fili

BP Capital (Boone Pickens) discloses updated portfolio positions in 13F filing: New positions in MRC, EEP, VLP
Highlights from 2017 Q3 filing as compared to 2017 Q2 filing:
  • New positions in: MRC (~0.21 mln shares), EEP (~0.18 mln), VLP (~0.09 mln), SHLX (~0.09 mln), DM (~0.08 mln),HEP (~0.08 mln)
  • Increased positions in: EPD (to ~0.4 mln shares from ~0.34 mln shares), FET (to ~0.26 mln from ~0.22 mln), MMP(to ~0.08 mln from ~0.04 mln), SEP (to ~0.1 mln from ~0.07 mln), HESM (to ~0.11 mln from ~0.09 mln) PAA (to ~0.18 mln from ~0.16 mln), PXD (to ~0.03 mln from ~0.02 mln) EQM (to ~0.06 mln from ~0.05 mln), TEP (to ~0.04 mln from ~0.04 mln),
  • Maintained positions in: ETP (~0.43 mln shares), WPZ (~0.25 mln shares), MPLX (~0.22 mln shares), PSXP (~0.19 mln shares), TRGP (~0.15 mln shares), BPL (~0.13 mln shares), WES (~0.13 mln shares), FANG (~0.06 mln shares)
  • Closed positions in: ENBL (from ~0.24 mln shares), SND (from ~0.15 mln), NBLX (from ~0.07 mln), DKL (from ~0.06 mln), NSH (from ~0.05 mln)
  • Decreased positions in: LNG (to ~0.06 mln shares from ~0.1 mln shares), WLK (to ~0.03 mln from ~0.08 mln), GT(to ~0.11 mln from ~0.13 mln), AA (to ~0.12 mln from ~0.14 mln), OXY (to ~0.05 mln from ~0.07 mln), AGU (to ~0.03 mln from ~0.04 mln), SUM (to ~0.08 mln from ~0.09 mln

TechCrunch : Match Group is still in talks to acquire Bumble with a valuation ov

Match Group is still in talks to acquire Bumble with a valuation over $1B

In August we reported from our sources that Match Group made an offer to acquire Bumble for $450M. Bumble declined the offer, and at the time a source close to the company suggested to TechCrunch that Bumble was actually valued at $1 billion.
Now we’ve learned that these talks are still ongoing, with recent discussions centered around a valuation of “well over” $1B.
The news comes from a Forbes report that we’ve independently verified with sources close to the company.
Of course there is no certainty that a deal will ever be finalized. But the fact that Match is still at the negotiating table shows that the company wants Bumble badly enough to potentially more than double its original offer.
It’s still unclear how a potential deal would be structured. Match has about $500M in cash on hand (and a market cap of just under $8B) so it’s unlikely to be an all-cash deal unless the company funds it via debt. Other options generally available are a cash/stock deal or even a partial acquisition or investment.
It makes sense why Match is so eager to add Bumble to its portfolio of dating apps – the company is still growing like a weed, with over 23M registered users and more than 850 million total matches made in under three years.

Bumble also focuses on a demographic that is generally absent from Match’s combined dating brands, which is college-educated millennials (and students). While Tinder originally started by focusing on college students its scale and giant user base has now turned off the customer base that helped it get its start, with Bumble now being the clear favorite among college students and recent grads.
Bumble has also shown its willing to expand beyond the dating world and start chipping away at legacy job networking sites like LinkedIn, which if successful would also be attractive to potential acquirers. The dating startup recently launched BumbleBizz, a swipe-based networking feature designed to help you find professional opportunities like jobs, mentors or just meeting new people who work in your industry.
Of course there’s some history between these two companies. Match is the parent company of Tinder, where Bumble founder and CEO Whitney Wolfe was a cofounder. She sued Tinder for sexual harassment and sexual discrimination. Tinder and Wolfe settled the lawsuit out of court, with no admission of wrongdoing on either side.
In response to a request for comment, Match said “we don’t comment on rumors and speculation”. Bumble declined to comment.