Chicago Bridge & Iron Company N.V. said that revenue for the first quarter was $1.4 billion, up 68% from $857.3 million for the first quarter of 2007.

For the first quarter of 2008, net income was $42.2 million, or $0.43 per diluted share, up 15% compared with $36.6 million, or $0.38 per diluted share in the same quarter last year.

Philip K. Asherman, President and CEO, said ""I''m pleased to report a solid quarter for CB&I with strong cash flow, backlog and revenue growth.""

""Our mix of work geographically, and within the market sectors where we are concentrated, is clearly enhanced by 2008 new awards in Lummus Technology and by the nuclear containment vessel contract for Westinghouse and an LNG peak shaving project in Canada. We are confident in our full-year forecast and in the continuing level of capital expenditures in the global energy market although challenges on projects related to labor productivity and escalating material and commodity prices have impacted the quarter''s results.""

CB&I''s cash and cash equivalents at the end of the quarter totaled $405.7 million, up from $305.9 million at year-end of 2007.

Capital expenditures for the first quarter were $20.0 million, compared with $22.5 million for the first quarter 2007.

During the quarter, CB&I used $15.6 million of cash to repurchase 367,000 shares of its common stock at an average price of $42.37 per share.







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Constellation Energy Group Inc., an energy company said that for the quarter 2008 total revenues were $4827.2 million compared with $5,111.1 million for the same quarter last year of 2007.

First quarter net income $145.7 million or $0.82 per diluted share compared to $195.7 million or $1.08 per diluted share for the same period prior-year.

For the first quarter total expenses were $4572.9 million compared with $4808.7 million for the same quarter last year of 2007. During the quarter total fixed charges were $75 million from $79.8 million for the same period year earlier. Total long-term debt for the quarter was $4686.7 million versus $4660.5 in the same quarter prior-year.

Baltimore Gas and Electric (BGE) reported adjusted earnings of 37 cents per share in the first quarter of 2008. Compared with the first quarter of 2007, BGE''s first quarter 2008 adjusted EPS was up 1 cent per share.

On an adjusted basis, the Merchant segment earned 58 cents per share during the first quarter of 2008, down 4 cents per share from the first quarter last year.