- American City Business Journals•3 days ago
The 'dark money' saga surrounding the Arizona Corporation Commission rolls into the final stretch of the primary campaign with Commissioner Bob Burns today formally issuing a subpoena to Arizona Public Service Co. and its parent Pinnacle West Capital Corp. demanding some light be shined on 2014 campaign contributions. It has been widely alleged that APS or Pinnacle contributed millions of dollars to the campaigns of newest ACC commissioners Tom Forese and Doug Little to elect the pair. Burns’ concern, shared by former ACC Chairwoman Susan Bitter Smith, is that a utility regulated by the commission funded the election of candidates who vote of the utility’s rates and other regulated activities.
- American City Business Journals•7 days ago
Pinnacle West Capital Corp. — the parent company of Arizona Public Service Co. — received two grand jury subpoenas earlier this summer as part of federal investigations into the 2014 elections. Phoenix-based Pinnacle West (PNW) reported the subpoenas in a U.S. Securities & Exchange Commission filing. The FBI and federal prosecutors are investigating campaign donations and financing of the 2014 Arizona Secretary of State’s race and Arizona Corporation Commission contests.
- Zacks•10 days ago
Utility stocks are been a darling for dividend investors because of their ability to pay regular dividends as well as to hike the same at regular intervals.
Pinnacle West Capital Corporation (PNW)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||74.84 x 1000|
|Ask||74.86 x 600|
|Day's Range||74.75 - 77.35|
|52wk Range||57.33 - 82.78|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||19.76|
|Avg Vol (3m)||709,733|
|Dividend & Yield||2.50 (3.34%)|