The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

1908 ET - Skellerup's FY26 result contained a positive surprise for Forsyth Barr. Strong operating cash flow reduced net debt to almost zero. "While capex is expected to remain elevated over the medium term as Skellerup renews its injection-moulding fleet at Wigram, it retains ample balance sheet headroom to support further organic or inorganic growth initiatives," analyst Rohan Koreman-Smit says. Skellerup continues to investigate in-market U.S. manufacturing. That would unlock capacity at Wigram to grow more in Asian markets. Still, new U.S. manufacturing likely would come at a higher cost. Forsyth Barr retains a neutral call on Skellerup, which is down 0.1% at NZ$7.39 today. "Skellerup is currently trading on a 12-month forward price-to-earnings of 19.3x, which we view as fair," Forsyth Barr says, citing its robust earnings growth and low debt, among other factors. (david.winning@wsj.com; @dwinningWSJ)

1903 ET - Ansell's apparent success in offsetting the margin impacts of inflation shows the business is in better shape than two or three years ago, Citi analyst Laura Sutcliffe says. Sutcliffe, who has a last-published neutral rating on the stock, tells clients in a note that the personal-protective equipment maker appears to have mitigated the effects of raw-material price volatility related to the U.S.-Iran conflict. She thinks Ansell has passed through price increases to its customers in a timely fashion, which she points out wasn't the case when inflation hit costs a few years ago. Sutcliffe expects a positive response to Ansell's stronger-than-expected earnings guidance. Citi has a last-published target price of A$33.50 on the stock, which is at A$34.90 ahead of the open. (stuart.condie@wsj.com)

1856 ET - Ansell's healthcare margins are seen at Jefferies as the driver of the Australia-listed company's earnings beat. Analyst Vanessa Thomson, who has a last-published buy rating on the stock, tells clients in a note that the personal-protective equipment maker benefited from sales of its higher-margin cleanroom gloves. She adds that the bottom end of Ansell's FY27 earnings-per-share guidance range is higher than both her forecast and consensus hopes. Jefferies has a last-published target price of A$38.20. Shares are at A$34.90 ahead of the open. (stuart.condie@wsj.com)

1855 ET - SkyCity Entertainment's FY26 result is better than it appears, suggests Forsyth Barr. SkyCity reported FY26 normalized Ebitda of NZ$182 million. That was near the bottom of guidance, which the casino operator had recently downgraded. "While the result appears underwhelming, we think the recent Middle East disruption and weaker discretionary spending mask a meaningful improvement in SkyCity's underlying business," says analyst Paul Laxton Koraua. Firstly, 2H Ebitda represented the first sequential rise in earnings since 1H23. Secondly, the sale of the Auckland office buildings and the Grand Hotel should reset debt below 2x Ebitda, Forsyth Barr says. Another positive: a heads of agreement has been reached on the Adelaide regulatory fine. It retains an outperform call on SkyCity, which is up 8.3% at NZ$0.655 today.