The Boeing Co. (BA: chart), an aircraft maker based in Chicago, could face as much as one billion dollars in liability claims by insurers over satellite solar panels problems, the Wall Street Journal reported, citing insurance officials. Substandard solar panels threaten to curtail sharply the useful life of six Boeing satellites currently in orbit, but insurance brokers and underwriters are balking at covering all of those anticipated damage claims.

No final decision to file suit has been made and a negotiation settlement could still be reached.

Edison Schools Inc. (EDSN: chart), a private operator of public schools based in New York, reported fourth-quarter earnings of 19 cents a share, up from a year-ago loss of 91 cents a share. Revenue rose 1.5 percent to $139.8 million. This is the first profitable quarter in the company’s history.

Oracle Corp. (ORCL: chart), a software maker based in Redwood Shores, California, reported first-quarter net income of eight cents a share, up from six cents a year ago, and in line with First Call analyst estimates. Revenue rose 2.2 percent to $2.07 billion, below analyst expectations of $2.14 billion.

G-Tech Holdings Corp. (GTK: chart), a lottery equipment maker based in West Greenwich, Rhode Island, reported second-quarter earnings of 74 cents a share, up from 66 cents in the same period last year, and six cents a head of First Call analyst expectations. Results were helped by acquisitions, new products and the weak dollar. Revenue jumped 25.5 percent to $277.2 million.

Netgear Inc. (NTGR: chart), a network equipment maker based in Santa Clara, California, reported second-quarter earnings of 48 cents a share, including gains from the reversal of a deferred tax valuation allowance. Excluding gains, the company earned seven cents a share, compared with nine cents in the same period last year. Revenue jumped 24 percent to $69 million. Netgear went public on July 31.

Centennial Communications Corp. (CYCL: chart), a wireless communications services company based in Wall, New Jersey, broke even in the first fiscal quarter, in line with the same period a year ago. Revenue surged six percent to $203.6 million due to an increase in wireless subscribers.

Silicon Valley Bancshares (SIVB: chart), a bank holding company based in Santa Clara, California, raised its third-quarter earnings outlook to a range of 45 to 49 cents a share, from 27 to 31 cents it had forecast before. The company attributed the increase to credit quality, higher deposit levels, investment gains, and a litigation settlement.