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Midday Market Report: 6/13

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  • Description

    Can Wall Street turn things around after 6-week skid?

  • Duration 1:25
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It today for deals.

But first the trading week begins with stuck stuck in their longest losing streak since 2002.

A six weeks -- on Wall Street took the major averages down more than 6%.

Many investors are looking for a recovery.

Wall -- -- finding comfort in impaired deals first Wendy's is -- most -- San army to the private equity group that also owns cinema.

Wendy says it wants to focus on its namesake brand -- we'll keep an 18% stake in -- Wall -- it's eating up any news Wendy's shares are higher.

And VF corporation -- brands include not a -- and in north being says it will buy food and clothing maker Timberland for more than two billion dollars.

-- shares are soaring on the news.

Medicare recipients are facing sticker shock at the pharmacy.

Researchers say seniors with Medicare drug coverage -- steep co pays for the -- -- kind of cancer drugs.

One in six Medicare beneficiaries are not feeling their prescriptions at com.

In the wake of Sunday's Tony Awards.

Spider-Man still many of the headlines after six -- -- five major injuries and a record 65 million dollar investment.

Spider-Man turn off the dark officially opens on Broadway Tuesday.

The theater industry must think that shell is to -- to now in New York -- -- Cincinnati fox.

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