Transocean (RIG -2.2%) discloses in an 8-K filed this morning it had discussions with the...

|About: Transocean Ltd. (RIG)|By:, SA News Editor

Transocean (RIG -2.2%) discloses in an 8-K filed this morning it had discussions with the Justice Department seeking to resolve $1.5B in claims related to the Gulf oil spill, but the parties have been unable to agree on a settlement. FBR Capital sees the figure in line with its expectation and RIG's $2B reserve, and such a specific focus is a "positive sign of potential settlement."