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 Market Update
 Recent News: Market Commentary
11/20/08 
5:52 PM EST 		 Grains sharply lower in Chicago Thursday - UPI
11/20/08 
5:36 PM EST 		 Crude oil prices drop below $50 a barrel - UPI
11/20/08 
5:19 PM EST 		 World Business News Update - NewsTrack - 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 
10:30 PM EST 		 InnVest Real Estate Investment Trust announces adjusted monthly distribution - Canada NewsWire
11/20/08 
10:09 PM EST 		 Tentative Agreement Reached Between Catalyst and CEP - Canada NewsWire
11/20/08 
10:05 PM EST 		 UPI NewsTrack TopNews - UPI
 Recent News: Earnings News
11/20/08 
6:58 PM EST 		 Score Media Reports Continued Growth with Year-end Results - Canada NewsWire
11/20/08 
6:51 PM EST 		 Radiant Communications Announces Third Quarter 2008 Results - CCN Matthews
11/20/08 
6:14 PM EST 		 Eaco Corporation Reports Third Quarter Results - Business Wire


  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   7552.29 -444.99
NASDAQ   1316.12 -70.30
S&P 500   752.44 -54.14
content delayed 20 min
as of 11/20/2008 4:40:01 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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