This afternoon, the major stock indexes are trading slightly lower on the trading day. Earlier today, the Dow Jones Industrial Average pierced the psychological 13,000 level. Since that high was made around the noon hour the markets have been slowly declining lower. Despite today’s shallow point decline in the major stock indexes there are still some technical sell offs worth noting.

Kewaunee Scientific Corporation (NASDAQ:KEQU), a global leader in the design, manufacture, and installation of laboratory, technical and laminate furniture products, announced a significant business expansion with ISEC, Inc., one of the largest interior specialty contractors in the United States.

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