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The stock advanced 7.1 percent to $37.71 on
volume of almost 650,000 shares, making it the most active stock
on the New York Stock Exchange. The stock was on track for its
biggest one-day jump since November.
While the company struggled to adapt to the new era of mobile
and online computing, the stock has been a strong performer of
late. It is up almost 26 percent so far this year, after nearly
doubling in 2013.
Also rallying in premarket was Becton Dickinson & Co, which
agreed to buy CareFusion Corp for $12.2 billion in cash and
stock.
Becton rose 8.7 percent to $125.90 before the bell. CareFusion
jumped 25.5 percent to $57.95, though volume was light, under
2,000 shares.
U.S. stock futures snapshot at 7:22:
* S&P 500 e-minis were up 7.5 points, or 0.38 percent,
with 140,819 contracts changing hands.
* Nasdaq 100 e-minis were gaining 14.75 points, or 0.37 percent,
in volume of 22,506 contracts.
* Dow e-minis were up 63 points, or 0.37 percent, with 23,456
contracts changing hands.
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