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BUZZ-Aker Solutions: A Total rescue

Reuters - UK Focus

Aker Solutions (Other OTC: AKKVF - news) , +6%, & the busiest stock (relative to 30-day average daily volume), among European small caps.

** Wins $2.4 billion contract from Total SA (Paris: FR0000120271 - news) to provide equipment at its Kaombo oil project in Angola.

** Contract win helps stock recover from slump it suffered last week following Royal Dutch Shell (Xetra: R6C1.DE - news) 's decision to drop a project in Norway.

** Shares hit 5-1/2 month low intraday on Monday & 2 analysts cut estimates following Shell (LSE: RDSB.L - news) news.

** Total (NYSE: TOT - news) contract win may stem downgrades.

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** Current P/E valuations just under 10-year median but P/B about a third below 10-year median.

(Stocks Buzz is a pilot project. Please send any feedback or suggestions to vikram.subhedar@thomsonreuters.com) (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)