Stocks in the news: Starbucks, Walgreen, Gannett

Updated

Some of the companies making headlines today:

Starbucks (SBUX) is rolling out its new instant coffee, Via, throughout North America after offering it for eight months in Seattle and Chicago only. Starbucks will also have its first-ever television ads.

Walgreen Co. (WAG) said Tuesday that its fiscal fourth-quarter profit declined to $436 million, or 44 cents a share as quarterly sales rose 8 percent to $15.7 billion. Adjusted earnings beat Wall Street expectations of 39 cents a share on sales of $15.7 billion. Same-store sale rose 2.4 percent. Shares jumped 10 percent ahead of the bell.

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