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Moody’s Investors Service placed Occidental Petroleum under...

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Moody’s Investors Service placed Occidental Petroleum under review for possible upgrade . . . Viacom International said it completed the acquisition of Warner Communications 31% interest in Showtime/The Movie Channel and Warner-Amex Cable Communications’s 66% interest in MTV Networks and an additional 19% interest in Showtime/The Movie Channel . . . TRW Inc. said its fourth-quarter earnings will be lower than previously estimated and “significantly below” 1984’s fourth-quarter earnings . . . Bethlehem Steel is raising the price of steel bar by $40 to $50 per ton, matching an increase announced last week by U.S. Steel . . . California’s 3rd District Court of Appeal has ruled that the state can’t undo the merger of Texaco and Getty Oil.

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