After-hours movers: FedEx, Nike, U.S. Steel and more

FedEx and Nike saw significant stock increases after positive announcements, while U.S. Steel's stock fell due to lowered earnings guidance.

United States Steel shares fall on lower guidance

United States Steel's shares dropped 5% due to disappointing Q4 earnings guidance amidst lower steel prices and production challenges, impacting both North American and European operations.

Nippon Steel's bid for U.S. Steel faces potential block from President Biden

Nippon Steel's $14.9 billion acquisition of U.S. Steel faces CFIUS disapproval, raising national security concerns. The deal may be blocked by President Biden.

Exclusive-Despite revamped proposals, Nippon Steel deal on track to be blocked, letter says

Nippon Steel's $14.9 billion bid for U.S. Steel faces challenges amidst national security reviews, with President Biden likely to block the deal despite extensive negotiation efforts.

U.S. Steel's proposed $14.9 billion merger with Nippon Steel

Explainer-What next for Nippon Steel and US Steel's $15 billion mega-merger?

A U.S. panel reviews the potential national security threat of Nippon Steel's $15 billion takeover of U.S. Steel, with significant political and economic implications.

U.S. Steel shares drop as Trump vows to block Nippon deal

U.S. Steel shares drop 7% after President-elect Trump opposes Nippon Steel acquisition, signaling potential impacts on American industry and international business dynamics.

Trump reiterates opposition to Nippon Steel's takeover of U.S. Steel

Trump opposes Nippon Steel's $15 billion acquisition of U.S. Steel, pledging to block the deal while advocating for tax incentives to revive the company.

Exclusive-Japan PM Ishiba urges Biden to approve Nippon-US Steel deal, sources say

Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal

Nippon Steel will not import steel to the U.S., focusing on a $14.9 billion U.S. Steel deal while addressing union concerns and ensuring job security.