Occidental Petroleum completed the sale of its...

Occidental Petroleum completed the sale of its Colombia-Cities Service Petroleum unit to a subsidiary of Royal Dutch-Shell for about $1 billion . . . Eastern Airlines adjourned its annual meeting until July 15, saying it needed more time to count stockholders’ votes on an anti-takeover measure . . . The West German national airline Lufthansa has placed orders with Boeing for 10 737-300 passenger jets with options to buy 10 more. The total contract could be worth more than $500 million . . . CBS has stopped production at its Newark, N.J., toy manufacturing operation . . . Gannett Co. said it completed its acquisition of the Des Moines Register, the Jackson Sun and 14% of Cowles Media Co. from Des Moines Register & Tribune Co.