Cineplex Odeon Corp. said its scheduled May...

Cineplex Odeon Corp. said its scheduled May 9 shareholder meeting in Toronto will be adjourned until June 6, in order to update its proxy information to shareholders . . . A top defense official said the Pentagon is studying ways to grant at least a temporary reprieve to the Bell Helicopter Textron’s V-22 Osprey tilt-rotor program, which might avert threatened layoffs . . . American Airlines said continued strong demand for leisure travel pushed passenger traffic to record levels in April, up 13.1% from April, 1988 . . . Domaines Baron de Rothschild said in a Securities and Exchange Commission filing that it holds 439,000 shares, or 12.5%, of Chalone Inc.’s common stock outstanding . . . CNW Corp., owner of the Chicago & North Western railroad, said it was meeting with potential bidders other than the investment group Japonica Partners, which is suing CNW on charges it is misleading stockholders about attempts to find a buyer.