Transocean's (RIG +6.4%) settlement with the DoJ is a "welcome surprise" for investors worried...

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

Transocean's (RIG +6.4%) settlement with the DoJ is a "welcome surprise" for investors worried its Gulf spill-related liability could grow and "should give ratings agencies more comfort in rating RIG's debt," Wells Fargo says. Analysts also say the settlement could be a positive for BP (BP +2%) because it doesn't include language that RIG was grossly negligent in connection with the spill.