1. Lloyds lags Barclays in bank value ranks
Lloyds Banking Group PLC (LSE:LLOY) performed better than expected in the first quarter, leading to Shore Capital Group (LSE:SGR) upgrading its price target.
2. Rolls Royce boss explains 'underperform' comments
Rolls-Royce Holdings PLC's (LSE:RR.) boss was forced to justify his 'underperforming company' comments.
3. Royal Mail under investigation for poor performance
International Distributions Services PLC (LSE:IDS) is being probed by Ofcom for missing multiple delivery targets.
4. Eden Research gains regulatory approval
Eden Research PLC (AIM:EDEN, OTCQB:EDNSF) has gained regulatory approval for its biofungicide, Novellus, in NZ.
5. FTSE finishes in the green
At the close, the FTSE 100 was in positive territory, having gained 0.3% on the day to finish at 7,778 points.