Transocean (RIG +1.3%) spikes higher on word Petrobas (PBR +2.3%) is acquiring a stake in the...

|By:, SA News Editor

Transocean (RIG +1.3%) spikes higher on word Petrobas (PBR +2.3%) is acquiring a stake in the offshore drilling company. It's strictly a rumor for now, but for the moment, Transocean is holding its gain while Petrobas noses down from its session high.