10:24 AM EST - TransCanada Corp. : has reported a 69 percent increase in first-quarter net profit to $449 million, boosted by $152 million realized from Calpine bankruptcy restructuring settlements. The pipeline and power-plant operator said Friday its January-March revenue slipped to $2.13 billion from $2.24 billion, but earnings on a comparable basis rose to $326 million from $250 million. TransCanada Corp.
shares T.TRP are trading up 28 cents at $36.79.
