KNE

AcronymDefinition
KNECommunist Youth of Greece
KNEKassel-Naumburger Eisenbahn AG (Frankfurt, Germany)
KNEKommission Nukleare Entsorgung (German: Nuclear Waste Disposal Commission)
KNEKiyoshi Nagata Ensemble (est. 1998; Toronto, Canada)
KNEKing Nubian Eternal
KNEKnowledge Network Enterprise (Kuala Lumpur, Malaysia)
References in periodicals archive ?
The complaint asserts claims against KNE under the federal securities laws, Sections 10(b) and 20(a) of the Securities and Exchange Act of 1934, 15 U.
The complaint alleges that various statements disseminated by KNE and certain of its senior officers and directors were material misrepresentations and/or omissions of material fact concerning: (a) the extraordinary risks posed by the high proportion of "keep whole" contracts to which the Company was party in connection with its processing plant operations; and (b) the reporting of materially misleading financial information by reporting as income proceeds from extraordinary transactions, not in the ordinary course of business, to bolster KNE's financial results in order to facilitate certain securities offerings of KNE essential to financing of a major corporate acquisition, without disclosing the increased exposure to risks of future losses created by the transactions.
The ratings had been placed on Ratings Watch-Down in February, reflecting the higher business risks and expected pressure on cash flow measures that the acquisition of KNE would have brought to SRE.
KNE is a diversified energy company involved in the gathering, processing, transporting, storage, marketing and distribution of natural gas in the central United States.
Plaintiffs allege that various statements disseminated by KNE and certain of its senior officers and directors were material misrepresentations and/or omissions of material fact concerning: (a) the extraordinary risks posed by the high proportion of "keep whole" contracts to which the Company was party in connection with its processing plant operations; and (b) the reporting of materially misleading financial information by reporting as income proceeds from extraordinary transactions, not in the ordinary course of business, to bolster KNE's financial results in order to facilitate certain securities offerings of KNE essential to financing of a major corporate acquisition, without disclosing the increased exposure to risks of future losses created by the transactions.
KNE was placed on RatingAlert Negative on June 22, 1999 following the announced breakup of KNE's acquisition by Sempra Energy (Sempra).
The KNE-Kinder Morgan merger is positive for KNE from both a balance sheet and cash flow perspective.
Debt leverage at KNE increased substantially as a result of its 1998 acquisition of MidCon Corp.
Upon consummation of the merger, KNE is expected to remain the primary obligor under its outstanding debt obligations with no guarantee support from SRE currently being contemplated.
The PEPS' ultimate return to investors will depend upon the value of KNE common stock at the contract settlement date, which may be less than the stated value of the PEPS units.
Each unit of PEPS will consist of a stock purchase contract with KNE and U.
Under company plans, it will be a while before KNE will attain credit measures consistent with its `BBB' senior debt rating.