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U.S. stock market report 0827 EST 23Nov2009-Citi, UBS rank low in S&P new capital ratio study ------------------------------------------------------------------------------

Citigroup, UBS and BBVA all have capital ratios well below the average for major banks, according to Standard & Poor's (S&P) study aiming to strip out inconsistencies in global measures on Monday. The study which is the first global comparison of risk-adjusted capital (RAC) adequacy for the world's top banks said the global average ratio for its RAC ratio was 6.7 percent at the end of June. But Citigroup's RAC was 2.1 percent, UBS's was 2.2 percent and BBVA's was 5.4 percent, putting each in the bottom quintile. In contrast, HSBC's RAC ratio was 9.2 percent while Goldman Sachs and Toronto-Dominion Bank each had a ratio of 8.3 percent, putting them in the top quintile. Citi shares were up 1.2 percent to $4.25 in premarketing trading, while Goldman Sachs was up 0.8 percent at $171.39.

Reuters Messaging: angela.moon.reuters.com@reuters.net 0817 EST 23Nov2009-Deere & Co shares up after upgrade ------------------------------------------------------------------------------

Deere & Co rose in premarket trading on Monday after Morgan Stanley raised its rating on its stock to "overweight" from "equal weight."

Shares of the agricultural and construction machinery maker gained 3.8 percent to $52.75.

Reuters Messaging: rodrigo.campos.reuters.com@reuters.net 0804 EST 23Nov2009-LDK Solar shares jump after results ------------------------------------------------------------------------------

LDK Solar Co Ltd shares soared on Monday after the Chinese solar wafer maker reported a surprise third-quarter profit and guided towards better-than-expected fourth quarter sales and sequentially higher shipments. For details see

Shares last traded up 10.6 percent at $8.85.

Reuters Messaging: rodrigo.campos.reuters.com@reuters.net 0758 EST 23Nov2009-Stocks up on commods rise, weak dollar ------------------------------------------------------------------------------

U.S. stock index futures rose about 1 percent on Monday, looking to snap a three-session losing streak as basic materials stocks gained on a falling U.S. dollar.

The dollar slipped after James Bullard, the St. Louis Federal Reserve president, said on Sunday the Fed should extend its mortgage-related assets purchase program to give policy-makers more flexibility as they help the economy recover from a painful recession.

S&P 500 futures rose 11.1 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 95 points and Nasdaq 100 futures added 15.5 points.

Reuters Messaging: rodrigo.campos.reuters.com@reuters.net 0750 EST 23Nov2009-Ciena buys Nortel ops for $769 mln - sources ------------------------------------------------------------------------------

Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million, sources told Reuters, after it trumped Nokia Siemens Networks in a three-day auction. For details see

Ciena shares fell 4.8 percent to $12.54 in premarket trading on Monday.

Reuters Messaging: rodrigo.campos.reuters.com@reuters.net 0728 EST 23Nov2009-Hewlett-Packard, Campbell Soup results on tap ------------------------------------------------------------------------------

The day's earnings calendar includes quarterly results from Campbell Soup and Hewlett-Packard. For more please double click

Reuters Messaging: rodrigo.campos.reuters.com@reuters.net 0721 EST 23Nov2009-Economic diary for Nov 23 ------------------------------------------------------------------------------

Monday's economic agenda includes the Federal Reserve Bank of Chicago's National Activity Index for October, 8:30 a.m. (1330 GMT). Also, the National Association of Realtors (NAR) releases existing home sales for October at 10 a.m. (1500 GMT). For more please double click

Reuters Messaging: rodrigo.campos.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS

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