URS Corp. (URS) announced on Monday that it agreed to acquire Flint Energy Services for C$25.00 per share in cash, approximately C$1.25 billion. The transaction is expected to close in the second quarter and to be accretive to URS' 2012 GAAP earnings.
URS Corp. gapped up sharply Tuesday morning and is currently higher by 2.23 at $45.14. The stock has has risen above a 2 1/2 week range and has set a 7-month high.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.