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Weekly roundup of stocks moving in and out of Joel Greenblatt's Magic Formula Investing® screen.

QLogic Corporation (NASDAQ:QLGC) designs and supplies network infrastructure connectivity products that provide, enhance and manage computer data communication. QLogic Corporation achieved its new 52 week high price of $19.00 where it was opened at $18.42 UP 0.50 points or +2.94% by closing at $17.55.

Rex Energy Corporation (NASDAQ:REXX) is headquartered in State College, Pennsylvania and is an independent oil and gas company operating in the Appalachian and Illinois Basins within the United States. The strategy of Rex Energy is to pursue its higher potential exploration drilling prospects while acquiring oil and natural gas properties complementary to its portfolio.

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iGATE Corporation (Nasdaq:IGTE) announced its intention to commence, through its subsidiaries Pan -- Asia iGATE Solutions and iGATE Global Solutions Limited, a process that could lead to the delisting of its Indian subsidiary, Patni Computer Systems Limited, Ltd. (Patni).

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Weekly roundup of stocks moving in and out of Joel Greenblatt's Magic Formula Investing screens.

Majestic Gold Corp. (MJGCF)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

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Global Hunter (GBLHF.PK)

Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.

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