Market Tanks; IHNOW Acquires Urban Outfitters

In today's news...we buy Urban Outfitters, the lifestyle clothes retailer, its roots and headquarters in Philly, showing steady stock price rise and today, with the market tanking, taking a 3% hit itself.

IHNOW Buys GlaxoSmithKline

In today's news...IHNOW purchases GlaxoSmithKline, the pharmaceutical and health care products manufacturer and marketer. Company is trading about $44 per share, near the low of its $40 to $54 52 week range. Employs many in the Philadelphia area.