Loeb's Third Point LLC Shows New Stake in AK Steel (AKS), Raises CCU, Lowers DDS

Daniel Loeb's Third Point LLC released their 13F for the quarter ended December 31, 2007 yesterday afternoon.

Here are a few highlights:

* New 700,000 share stake in AK Steel Holding Corp. (NYSE: AKS)

* Raises stake in Clear Channel Communications Inc. (NYSE: CCU) from 2,750,000 to 3,500,000

* Lowers stake in Dillard's Inc. (NYSE: DDS) from 2,400,000 to 1,750,000

The full summary of Loeb's 13F is available at our main site here