eServGlobal tips loss eServGlobal expects full-year revenue of between $150 million and $155 million, down from $177.9 million a year ago. The company said it would cut its staff by 13 per cent. It expects a full-year earnings before interest, taxes, depreciation and amortisation loss of up to $3 million. Ben Woodhead BlueScope fire damage BlueScope Steel said the recent fire at its Port Kembla steelworks would incur a capital cost of $20 million to $25 million, and the plant was expected to restart operations within six weeks. The company would book an impairment charge of $7 million to $10 million on assets destroyed and damaged, as well as a one-off pretax cash earnings impact of $7 million to $11 million. Ayesha de Kretser Pilbara contract Mining services contractor RCR Tomlinson and Laing O'Rourke have won a $150 million contract for the $US4.8 billion ($6.1 billion) expansion of BHP Billiton's Pilbara iron ore operations in Western Australia. The groups won the contract, which is to design and construct crushing equipment, in a joint venture 32 per cent owned by RCR. Completion is scheduled for the first quarter of 2011. Michael Vaughan Veritas application Veritas Securities has launched an 11th hour effort to keep Drillsearch Energy's takeover bid for 3D Oil alive, by applying to the Takeovers Panel for the bid to be extended by 21 days. Drillsearch's offer is scheduled to close today. Veritas - which was the sponsoring broker behind 3D's 2007 listing - said escrowed shareholders had received neither the bidder's nor the target's statements, denying them the chance to consider or accept the bid. Drillsearch has since become the subject of a takeover from Beach Petroleum. Paul Garvey Auckland arrivals up Auckland International Airport has announced that international arrivals rose 9.9 per cent in April compared with last year, mainly due to the positive impact of a later Easter. The arrivals from Australia were up 23.1 per cent. Staff Reporter Hills to cut dividends Manufacturer Hills Industries will discontinue its policy of paying 100 per cent of profits to shareholders as dividends. However, it stuck with guidance for a 40 per cent fall in full-year operating profit. Hills said yesterday there would be costs including goodwill impairment in the range of $10 million to $12 million as a result of cutting staff and closing some operations. Michael Smith Flat Glass declines Flat Glass Industries said earnings before interest, tax, depreciation and amortisation for the year ended June 30 would be substantially below last year's $7.45 million because of below-budget sales for the December half and delays in opening its Dandenong factory. It expects EBITDA for fiscal 2009 to be between $2.3 million and $2.6 million. Tracy Lee Reserves upgraded Northern Energy has reported a 54 per cent increase in the marketable reserve base at its Surat Basin Elimatta coal project on EPC650 in southern Queensland. The marketable reserves total 105.8 million tonnes, comprising proven reserves of 82.3mt and probable reserves of 23.5mt. Staff Reporter