In Brief: Fahnestock Viner Loses $8.3M in 2 Months

Fahnestock Viner Holdings Inc. reported that it incurred an after-tax loss of $8.3 million in October and November.

The brokerage attributed the 66-cent-per-share loss to "extreme volatility in equity markets." The firm said it has taken steps "to limit future exposure" and that retail commission, investment advisory services, and corporate finance "performed well' during the period. The company previously reported unaudited earnings through Sept. 30 of $20.8 million, or $1.65 per share.