Today's Research Daily features new research reports on 16 major stocks, including McDonald's Corporation (MCD), BlackRock, Inc. (BLK) and BP p.l.c. (BP).
McDonald's (MCD) benefits from robust comps growth, expansion efforts and loyalty program.
The successor to McDonald's in Russia is set to add nine more restaurants to its portfolio next month, as a former franchisee of the global hamburger chain agreed to join the new brand, resolving a conundrum for the new owners. McDonald's Corp ceased operating in Russia soon after Moscow sent its armed forces into Ukraine, and exited fully when it sold all the restaurants it owned to a local licensee in May. Vkusno & tochka ("Tasty and that's it") restaurants started opening in June. But one franchisee, Razvitie Rost, a subsidiary of Rosinter Restaurants, kept its nine restaurants open for months, a move that displeased Vkusno & tochka boss Oleg Paroev and highlighted how challenging it can be for Western brands to fully extricate their brands.