Business events scheduled for Wednesday (AP)

Major business events and economic events scheduled for Wednesday:

WASHINGTON ? National Association of Realtors releases existing home sales for November, 10 a.m.

KB Home reports quarterly financial results.

Walgreen Co. reports quarterly financial results.

FRANKFURT, Germany ? The European Central Bank launches its new offer of three-year loans to banks, a measure meant to encourage lending as banks face pressure amid the continent's debt crisis.

TOKYO ? Bank of Japan wraps up a two-day policy board meeting.

TOKYO ? Japan releases November trade data.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20111220/ap_on_bi_ge/us_the_day_ahead

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