Can gcc show status of a compilation?

[Greatwolf]

Is there any option or switch available that can make gcc display some 
information to stdout/stderr as it compiles source files?

Like for example, in msvc, dmc, borland and other compiles it displays the 
path/filename of the source being compiled. Is there anyway to do this in 
gcc?

I tried -v but that is way to verbose for what I'm looking for. But without 
it gcc outputs absolutely nothing on a successful compile. There's got to 
be someway to get what I'm looking for

Thanks