The rally that has propelled the Standard & Poor’s 500 Index 9.2 percent higher so far this year may finally-this week-bring the benchmark index to a fresh record. The index is now about 10 points shy of its all-time high of 1,565.15 and it could get the boost it needs as traders position their holdings for the end of the …

Pyne Gould Corp, the South Island asset management firm controlled by George Kerr, has sold the bulk of its Perpetual businesses to Australian research and management group van Eyk Research. The Christchurch-based group has sold Perpetual Asset Management and Perpetual Portfolio Management, though hasn’t included Perpetual Trust as previously indicated. The sale was flagged in January, and would see Pyne …

New Zealand shares were mixed in the post-earnings, ex-dividend hiatus. Mainfreight extended its decline after saying earnings would miss estimates and Auckland International Airport rose after reporting monthly passenger growth. The NZX 50 Index edged up 0.38 points, or 0.01 percent, to 4342.88. Within the index, 23 stocks fell, 16 rose and 11 were unchanged. Turnover was $114 million. Mainfreight, …