| Business Summary | | Fahnestock
Viner
Holdings
Inc.
is
a
holding
company
and
carries
on
no
active
business.
It
owns,
directly
or
through
intermediate
subsidiaries,
Fahnestock
&
Co.
Inc.,
Freedom
Investments,
Inc.,
Hudson
Capital
Advisors
Inc.,
First
of
Michigan
Corporation
(FOM),
which
operates
as
a
division
of
Fahnestock
&
Co.
Inc.,
and
Evanston
Financial
Corporation,
Inc.
Through
its
subsidiaries,
the
Company
is
engaged
in
the
securities
brokerage
and
trading
business,
and
offers
investment
advisory
and
other
related
financial
services.
Fahnestock
and
FOM
are
the
principal
Operating
Subsidiaries.
Fahnestock
is
engaged
in
the
securities
brokerage
business
in
the
United
States,
operates
in
Toronto,
Canada
as
an
international
broker-dealer
and,
through
the
agency
of
local
licensed
broker-dealers,
operates
offices
in
Buenos
Aires,
Argentina
and
Caracas,
Venezuela.
Hudson
Capital
is
engaged
in
the
investment
advisory
business
in
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fahnestock
Viner
Holdings
is
a
holding
company,
which
through
its
subsidiaries,
is
engaged
in
the
securities
brokerage,
trading,
investment
advisory
and
other
related
financial
business.
For
the
six
months
ended
6/30/01,
total
revenues
fell
25%
to
$130.4
million.
Net
income
fell
51%
to
$13
million.
Revenues
reflect
a
decrease
in
transaction
volumes.
Net
income
also
reflects
an
increase
in
operating
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Albert Lowenthal, 54 Chairman
and CEO | $1.3M | $920K | Elaine Roberts, 48 Pres,
Treasurer | 244K | 460K | A. Winn Oughtred, 57 Sec. | -- | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|