Ecopetrol SA is an energy firm that is up 20% year-to-date, 86% over the last 12-months and sports compellingly bullish technicals after testing support at the 50-day simple moving average following the early February sell-off. Earnings have been mixed with gains of 2.1% and 6.4% during the last two quarters.
Nasdaq OMX Group Inc. will buy the electronic trading system for U.S. Treasuries from BGC Partners Inc. for about $750 million in cash.
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