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

First quarter net income was $145.7 million or $0.82 per diluted share compared to $195.7 million or $1.08 per diluted share for the same period last 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: chart) reported adjusted earnings of 37 cents per share in the first quarter of 2008. Compared with the first quarter of 2007, BGE''s 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.

Dresser-Rand Group Inc., a global supplier of rotating equipment solutions to the worldwide oil, gas, petrochemical and process industries, reported that net sales for the first quarter of 2008 were $363.8 million, up 16% from $314.4 for the first quarter of 2007.

First quarter 2008 net income was $27.2 million or $0.32 diluted earnings per share compared with $15.4 million or $0.38 diluted earnings per share in the same quarter of 2007.

During the quarter total operating income was $46.9 versus $33 for the same quarter last year.

Vincent R. Volpe, Jr., President and Chief Executive Officer of Dresser- Rand, said, ""We continue to make progress implementing a consistent strategy to improve overall performance and increase stockholder value. First quarter operating results were in-line with our expectations, we achieved a new contemporary labor agreement at the Olean, New York facility and our Board authorized a $150 million share repurchase program. On a year over year basis, first quarter revenues increased 16%, total bookings grew 35%, including aftermarket bookings, which increased approximately 24%, and backlog grew 54%. We continue to benefit from strong industry fundamentals, a leading market position, and improving prices for our equipment, parts, and services.""

New unit revenues for the first quarter of $149.5 million were $35.2 million higher than $114.3 million of the first quarter 2007. New unit operating income of $9.2 million for the first quarter 2008 compares to operating income of $4.6 million for the first quarter 2007. Operating margin of 6.2% compares to 4% for the first quarter 2007.

Bookings for the first quarter 2008 were $575.7 million, which was $150.1 million higher than first quarter 2007, of $425.6 million.

Aftermarket parts and services revenues for the first quarter 2008 were $214.3 million compares with $200.1 million for the first quarter 2007. Operating income for the first quarter 2008 was $50 million versus $48.2 million for the first quarter 2007. Operating margin of about 23.3% compared with 24.1% for the first quarter 2007. Aftermarket demand remains strong. Bookings for the first quarter 2008 of $236.7 million were 24.2% higher than bookings for the same period in 2007 of $190.6 million.

At March 31, 2008, 33.8% of the backlog of $2,122.3 million was scheduled to ship beyond 2008. The Company continues to believe that its 2008 operating income will be in the range of $285 to $315 million and, in line with historical levels, its second quarter 2008 operating income will be in the range of 20% to 22% of the total year.

Forrester Research, Inc., company that offers products and services in four major areas - research, data, consulting, and community, said that for the first quarter total revenues were $55 million, compared to $47.3 million last year.

First quarter of 2008 net income was $6.2 million, or $0.26 per diluted share, compared with $4.8 million, or $0.20 per diluted share, for the same period in 2007.

During the quarter 2008 operating expenses were $48.4 million vs. $46 million for the same quarter last year.

George F. Colony, Forrester''s chairman of the board and chief executive officer said, ""Our first-quarter results demonstrate a positive start to 2008."" ""During the first quarter, we introduced a new metric to gauge the success and penetration of the role-based strategy we launched last year. Roles per client measures the average number of roles Forrester serves in each of its client companies. As of the first quarter, this metric stood at 3.2.""

Full year GAAP basis total revenues were approximately $240 million to $248 million. Operating margin was approximately 14% to 16%. Diluted earnings per share were approximately $1.14 to $1.24.

Full year Pro forma basis operating margin was approximately 17% to 18 %. Diluted earnings per share were approximately $1.28 to $1.36.