Monday June 28, 02:16 PM Eastern time
Company Press Release
SOURCE:Friedman, Billings, Ramsey Group, Inc.
Friedman Billings Ramsey Group Changes
Trading Symbol
WASHINGTON, June 28 /PRNewswire/ -- Friedman, Billings, Ramsey Group,
Inc. (NYSE: FBG) announced today that it has changed its New York Stock
Exchange trading symbol from "FBG" to "FBR."
The Company's common stock will cease trading under "FBG" after the close of
the market on Wednesday, June 30 and begin trading as "FBR" at the market
open on Thursday, July 1, 1999 the first day of the Company's third quarter.
The Company noted that the trading symbol "FBR" became available after First
Brands Corporation, which previously traded under the symbol, was acquired by
The Clorox Company in January, 1999.
Friedman, Billings, Ramsey Group is an investment bank and asset manager and
the parent company of fbr.com, an online investment bank and electronic
brokerage. Headquartered in Northern Virginia, home to many of the world's
leading online businesses, the Company has become a leading underwriter of
Initial Public Offerings and provides analyst research on 430 companies. fbr.com,
a division of FBR Investment Services, Inc., leverages the Company's strengths
as an underwriter and asset manager by providing online investors with access to
IPOs, online trading, research, and unique asset management products. For more
information, please visit their website at fbr.com.
Contact:
David Allan, 703-469-1080, for FBR |
