CCR, Petrobras, TAM, Usiminas and Vale: Brazil Equity Movers

Brazil's main stock index fell for the first time in three days, led by state-controlled oil company Petroleo Brasileiro SA.

The Bovespa Index of the most-traded shares on the Sao Paulo exchange dropped 1117.26, or 1.7 percent, to 63,203.30 as of 9:41 a.m. New York time.

The following are among the most active stocks in the Brazilian market today. In Brazil, the preferred share is usually the company's most-traded class of stock.

Cia. de Transmissao de Energia Eletrica Paulista (TRPL4 BS) rose for the first time in four days, adding 1.12 real, or 2.8 percent, to 41.32 reais. Third-quarter earnings before interest, taxes, depreciation and amortization were ``well above our estimate'' due to lower costs and increased revenue, Bear Stearns & Co. analysts Rowe Michels and Stewart Ragar wrote in an e-mailed report.

Cia. Vale do Rio Doce (VALE5 BS), the world's second-biggest nickel producer, fell 1.25 real, or 2.4 percent, to 52.05 reais. Metals including copper and nickel fell in London on concern demand is slowing.

Empresa Brasileira de Aeronautica SA (EMBR3 BS) rose for the first time in three days, gaining 28 centavos, or 1.4 percent, to 20.78 reais. The Brazilian maker of mid-size jetliners for regional carriers won an order from Virgin Nigeria for 10 Embraer E-jets and 14 options for planes, an order valued at $811 million. Embraer announced the order in a Nov. 11 statement distributed at the Dubai Air Show. The company also won a $300 million order from Al Jaber Group of the United Arab Emirates, Al Jaber said today in an e- mailed statement.

Obrascon Huarte Lain Brasil (OHLB3 BS), Brazil's second- biggest toll-road operator, rose 65 centavos, or 2.7 percent, to 24.65 reais. Third-quarter profit rose 20 percent to 27.1 million reais ($15.4 million). That beat the 23.6 million reais estimated by Bear Stearns & Co. analyst Sara Delfim in a report e-mailed before earnings were released this morning on Brazil's securities regulator Web site.

Cia. de Concessoes Rodoviarias (CCRO3 BS), Brazil's biggest toll-road operator, gained 40 centavos, or 1.4 percent, to 30.10 reais. Third-quarter earnings per shares at Brazil's biggest toll- road operator climbed more than expected because of lower financial expenses, Delfim wrote in an e-mailed report.
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