Nov. 5 (Bloomberg) -- The following stocks may rise or fall in European markets. Prices are from the last close.

The Dow Jones Stoxx 600 fell 0.7 percent to 377.32. The Dow Jones Stoxx 50 Index dropped 0.5 percent to 3,762.99. The Euro Stoxx 50 Index, a benchmark for the 13 nations using the euro, declined 0.4 percent to 4,392.80.

Barry Callebaut AG (BARN SW): The world's biggest bulk chocolate maker may say full-year profit rose 6.7 percent after the company won orders from food companies including Nestle SA. The shares fell 5 Swiss francs, or 0.6 percent, to 905 francs.

Bayer AG (BAY GY): Germany's largest drugmaker intends on posting third-quarter results. The company may say profit rose fivefold because of a one-time tax gain of about 900 million euros ($1.3 billion). The shares increased 36 cents, or 0.6 percent, to 57.01 euros.

Bayerische Motoren Werke AG (BMW GY): The world's largest maker of luxury cars is scheduled to release third-quarter results. The company may say profit rose 37 percent as it sold more-expensive models such as the X5 sport-utility vehicle, according to analysts surveyed by Bloomberg News. The shares advanced 56 cents, or 1.3 percent, to 44.80 euros.

Beiersdorf AG (BEI GY): The maker of Nivea skin creams is scheduled to post third-quarter results. The company may say profit rose after introducing new products in emerging markets, according to analysts surveyed by Bloomberg News. The shares fell 1.16 euros, or 2.2 percent, to 52.37 euros.

Ciba Specialty Chemicals AG (CIBN VX): The world's largest maker of colors for plastics may say third-quarter profit fell 6.5 percent because of rising raw material costs, according to the median of eight estimates in a Bloomberg survey of analysts. The shares fell 55 centimes, or 1 percent, to 55.7 Swiss francs.

Commerzbank AG (CBK GY): Germany's second-largest bank by assets plans to post third-quarter results. The company may say profit rose as it set aside less money for risky loans, according to analysts surveyed by Bloomberg News. The shares declined 32 cents, or 1.2 percent, to 27.19 euros.

Hugo Boss AG (BOS GY): Germany's largest clothing maker is scheduled to release third-quarter results. The company in August said its second-quarter loss widened as costs to open more stores and exchange-rate losses countered higher sales. The shares increased 12 cents, or 0.3 percent, to 46.76 euros.

Hunter Douglas NV (HDG NA): The world's largest maker of window blinds is scheduled to release third-quarter earnings before the start of trading. The stock fell 2.19 euros, or 3.5 percent, to 60.82.

JCDecaux SA (DEC FP): The world's second-largest provider of outdoor advertising space is scheduled to report earnings after the close of trading. Third-quarter sales excluding takeovers are expected to rise 8.9 percent to 481 million euros, according to analysts at Natixis Securities. The shares fell 20 cents, or 0.8 percent, to 25.91 euros.

Mediaset SpA (MS IM): Italy's biggest private broadcaster, which is controlled by former Prime Minister Silvio Berlusconi, reports third-quarter earnings. Net income probably fell 14 percent from a year earlier to 31.5 million euros, according to the median estimate of seven analysts surveyed by Bloomberg News. The shares dropped 3 cents, or 0.4 percent, to 7.02 euros.

Piaggio & C. SpA (PIA IM): Europe's biggest motor-scooter maker said nine-month profit fell 14 percent as the company paid more than double the taxes it paid in the corresponding period last year. The shares fell 3 cents, or 1.1 percent, to 2.88 euros.

Puma AG (PUM GY): Europe's second-largest sporting-goods maker may say second-quarter profit was little changed as U.S. sales continued to decline, according to the median analyst estimate in a Bloomberg survey. The shares decreased 2.94 euros, or 1 percent, to 287.01 euros.

Swiss Reinsurance Co. (RUKN VX): The world's largest reinsurer may say profit slipped in the third quarter as prices for property and casualty reinsurance fell. The shares fell 2.2 francs, or 2.1 percent, to 101.8 francs.

Ubisoft Entertainment SA (UBI FP): Europe's second-largest video-games maker agreed to buy Japanese games development studio Digital Kids, which has 20 developers specialized in software for Nintendo Co.'s DS console. Ubisoft dropped 2 euros, or 3.4 percent, to 56.38 euros.

Unilever (UNA NA): The world's second-largest consumer- products company said it will sell its Boursin cheese unit for 400 million euros to Le Groupe Bel as the maker of Knorr soups aims to boost sales at the fastest pace since 2001. Unilever shares rose 14 cents, or 0.6 percent, to 23.76 euros.

Vestas Wind Systems A/S (VWS DC): The world's largest maker of wind turbines may report third-quarter net income of 61.8 million kroner on sales of 1.08 billion kroner, the mean analyst estimates compiled by Bloomberg. The share lost 1.1 percent to 446 kroner.

To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net.

Last Updated: November 5, 2007 17:15 EST