LONDON, June 19- Japan must convince the world of its debt sustainability, and it is ready to restart dialogue with China following recent tensions over a group of disputed East China Sea islands, Japanese Prime Minister Shinzo Abe said on Wednesday.» Read More
NEW YORK-- Darden Restaurants Inc. reports its fiscal fourth-quarter results Friday, which should give another look at the company's efforts to fix its struggling Olive Garden and Red Lobster chains. At Olive Garden, the company introduced lighter options and a livelier, modern ad campaign, rather the Old World atmosphere it evoked in the past.
NEW YORK, June 19- Equities and bond prices pulled lower on Wednesday after the Federal Reserve said it would maintain the pace of its bond buying and gave no explicit indication it was close to slowing the stimulus program.
*Adobe, FedEx shares rise after results. NEW YORK, June 19- U.S. stocks fell on Wednesday, with the losses accelerating even after the Federal Reserve said it would hold steady with its monetary policy.
NEW YORK-- Procter& Gamble, the world's largest consumer products maker, has added another luxury brand to its perfume business with a licensing deal with the Alexander McQueen label. Procter& Gamble is the fourth-largest perfume maker in the world, behind L'Oreal, Coty and LVMH Moet Hennessy Louis Vuitton, according to research firm Euromonitor International.
NEW YORK, June 19- U.S. stocks hit session lows on Wednesday shortly after the Federal Reserve said it would keep buying $85 billion in bonds per month and gave no explicit indication that it was close to scaling back the stimulus program.
NEW YORK-- Snowmobile and ATV maker Polaris Industries Inc. is recalling about 4,500 of its 2011 Polaris Ranger RZR XP 900 recreational off-highway vehicles due to a potential burn hazard. The vehicles were sold across the U.S. from May 2012 through February for between $16,000 and $16,600.
SAO PAULO, June 19- American Trading Systems Brasil, the company seeking permission to open a financial exchange in Brazil, said talks with global and local banking and asset management firms are at "an advanced stage."
BERLIN- President Barack Obama defended U.S. anti-terrorism tactics on a visit to Berlin on Wednesday, telling wary Germans Washington was not spying on the emails of ordinary citizens and promising to step up efforts to close the Guantanamo Bay prison.
*Corn and soybeans firm, led by new-crop contracts. Corn and soybeans also advanced, led by new-crop contracts as forecasts for hit and dry weather later this month raised concerns about potential crop stress.
La-Z-Boy Inc.' s shares fell Wednesday after the furniture maker reported a drop in its fiscal fourth-quarter profit. THE SPARK: La-Z-Boy reported after the market closed that its net income fell to $18.3 million, or 33 cents per share, for the quarter.
WASHINGTON, June 19- The U.S. Fed Chairman Ben Bernanke will be questioned on the difference between tapering bond purchases and tightening monetary policy in a press conference to begin at 2.30 p.m..
NEW YORK-- Shares of Keryx Biopharmaceuticals Inc. rose Wednesday after a JPMorgan analyst started covering the stock with an "Overweight" rating and a positive view on the company's experimental drug Zerenex.
*First direct search for life since NASA's 1970 s Viking probes. Until last year, the ExoMars program was a joint project between ESA and the U.S. space agency NASA. But NASA dropped out, citing budget problems.
WASHINGTON, June 19- President Barack Obama will target carbon emissions from power plants as part of a second-term climate change agenda expected to be rolled out in the next few weeks, his top energy and climate adviser said on Wednesday.
June 19- New health insurance exchanges being set up by the federal government in more than 30 states under President Barack Obama's 2010 healthcare overhaul could miss an Oct. 1 deadline for open enrollment, a government report said on Wednesday.
*Washington fears for key EU support in isolating Iran. *Iran hard hit by sanctions but finds way to elude them.
WASHINGTON, June 19- Four of the largest U.S. mortgage servicers failed to adhere to some of the new standards set out in a landmark settlement meant to help consumers facing foreclosure, a court-appointed monitor said on Wednesday.
Cantor Fitzgerald analyst Youssef Squali on Wednesday raised his earnings estimates and price target on Netflix Inc., citing its strong growth. THE OPINION: Netflix, based Los Gatos, Calif., provides subscription-based access to movies and televisions shows through its online and mail delivery services.
*Singapore sending delegation to Indonesia on Thursday. *Indonesia suggests Singapore companies partly to blame. SINGAPORE, June 19- Singapore's air quality deteriorated to "hazardous" levels late on Wednesday as smoke from slash-and-burn land clearing in Indonesia enveloped the city-state, inflaming tensions between the Southeast Asian neighbours.
*IMF: Spain, Ireland reforms on track but challenges remain. *Job creation key for Spain, market access for Ireland. MADRID/ DUBLIN, June 19- Spain and Ireland have made strong progress in fixing their economies but recovery will hinge on their capacity to clean up ailing lenders, create jobs and maintain investor confidence, the IMF said on Wednesday.