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FIVE at FIVE: Lloyds lags, Rolls Royce explains, Royal Mail probed and Eden Research approved

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.

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2. Rolls Royce boss explains 'underperform' comments

Rolls-Royce Holdings PLC's (LSE:RR.) boss was forced to justify his 'underperforming company' comments.

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3. Royal Mail under investigation for poor performance

International Distributions Services PLC (LSE:IDS) is being probed by Ofcom for missing multiple delivery targets.

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4. Eden Research gains regulatory approval

Eden Research PLC (AIM:EDEN, OTCQB:EDNSF) has gained regulatory approval for its biofungicide, Novellus, in NZ.

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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.

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