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 Market Update
 Recent News: Market Commentary
11/20/08 
2:30 PM EST 
EU: Danes most satisfied, Bulgarians least - UPI
11/20/08 
1:37 PM EST 
Jobless claims rise by 27,000 in week - UPI
11/20/08 
12:47 PM EST 
U.S. markets rally back Thursday - UPI


 Recent News: IPOs
11/20/08 
1:03 PM EST 
Grant Thornton LLP Offers New White Paper on the IPO Crisis - Business Wire
11/20/08 
11:45 AM EST 
Mavrix Fund Management Inc. is Pleased to Announce the Final Closing for Mavrix Explore 2008-II FT Limited Partnership - Canada NewsWire
11/20/08 
8:54 AM EST 
Heroux-Devtek announces its intention to launch a normal course issuer bid - Canada NewsWire
 Recent News: Business
11/20/08 
1:37 PM EST 
Jobless claims rise by 27,000 in week - UPI
11/20/08 
1:35 PM EST 
Loring Ward sets shareholder meeting date - Canada NewsWire
11/20/08 
1:34 PM EST 
McDonald's wooing moms with mixed results - UPI
 Recent News: Earnings News
11/20/08 
1:51 PM EST 
China Shenghuo Announces Restated Results For Full Year 2007 & First Quarter 2008, Reports Results For Second & Third Quarter 2008 - PR Newswire
11/20/08 
1:47 PM EST 
Appulse Corporation: Reporting Results for the Nine Months Ended September 30, 2008 and the Issuance of Stock Options - CCN Matthews
11/20/08 
1:46 PM EST 
Energroup Holdings Corporation ('Chuming') Reports Third Quarter 2008 Financial Results - PR Newswire


  Offering Marketplace™
Offering Process    View My COs    Past Offerings
The Offering MarketplaceTM enables FBRDirect customers to learn about IPOs and secondary offerings and place a Conditional Offer (C.O.) to buy shares of offerings online. Below are some upcoming deals. To see them all, take a look at what's in the pipeline.


 Market Snapshot
DJIA NASDAQ S&P 500
DJIA   7877.73 -119.55
NASDAQ   1367.17 -19.25
S&P 500   786.11 -20.47
content delayed 20 min
as of 11/20/2008 2:50:01 PM

  Features
Nov  20 FBRC Morning Notes November 20, 2008
FBRC Morning Notes
by  FBRC Research
Nov  20 FBR First Look November 20, 2008
by  Harry Sanchez
Nov  20 FBR Daily Alert November 20, 2008
by  Harry Sanchez, Paul J. MIller, Jr., CFA, James Abbott, Matt Snowling, CFA, Adrienne Tennant, Craig Berger, CFA, CPA


  Updates
Commission Schedule Policies and Procedures
Investor Education Account Services

The FBRDirect Division of FBR Investment Services, Inc. will be voluntarily ceasing business on Monday, November 24, 2008. Last trade date on FBRDirect will be November 18, 2008. 

FINRA Investor Information Website 





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