TV remote control maker Universal Electronics (UEIC) could get a badly needed boost to sales from Comcast’s decision to deploy UEI’s voice command remote. At the MoffettNathanson Media & Communications Summit on Wednesday, Comcast (CMCSA) CEO Brian Roberts said that the cable company has aggressive plans to distribute the XR-11 Voice Remote made by Universal Electronics. Comcast intends to give 6 million voice remotes to its best customers, the
Shares of Integrated Device Tech (IDTI) tried to break out in the stock market today as investors digested a new partnership. The chipmaker said it’s teaming up with Blu Wireless Technology to enable consumers to wirelessly charge their phones and tablets while streaming 4K HD video and photos to their televisions and computers. Integrated Device Tech has a highest-possible IBD Composite Rating of 99, meaning its shares outperform 99% of all
Zillow Group (Z) stock seesawed Wednesday after the online real estate website late Tuesday posted a Q1 earnings beat but reported revenue that fell shy of Wall Street expectations. Zillow stock was flat in afternoon trading in the stock market today, near 98, but it had been up a fraction earlier. Zillow stock is down more than 26% since mid-February, when it completed its acquisition of top rival Trulia and hit an eight-month high of 133.20. For