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CNBC Squawk Box July 24, 2012



weaker than usual for this time of year. texas instruments says customers are cautious due to global economic uncertainties. you see it there. shares fall slightly in extended trading. the 2 q results beat the street. they say they re making progress to increase the number. the stock hit an 18-month low last week on worries the weakening chinese economy could hurt it. pfizer s experimental alzheimer s drug failing one of four big trials. it involved patients with mild to moderate forms of disease, it did not improve cognitive and life function. johnson & johnson is partnering with with pfizer on that treatment. they ll continue with three other late trials and you can see it falling on the news. irish drug maker has a long-standing financial interest in the drug and its shares were also hit the hardest. we ve also got a bit of deal news. car law group and bcb parngs joining forces in a bid to bayou nighted technologies industrial business. the transaction could be value ....

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