HealthSouth Corp Set to Join the S&P Midcap 400
PR Newswire
NEW YORK

NEW YORK, Nov. 1, 2016 /PRNewswire/ -- HealthSouth Corp. (NYSE: HLS) will replace Rackspace Hosting Inc. (NYSE: RAX) in the S&P Midcap 400 after the close of trading on Thursday, November 3. Apollo Global Management LLC is acquiring Rackspace Hosting in a deal expected to be completed on November 2.

HealthSouth owns and operates inpatient rehabilitation hospitals, home health agencies, and hospice agencies. Headquartered in Birmingham, AL, the company will be added to the S&P Midcap 400 GICS (Global Industry Classification Standard) Health Care Facilities Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400 INDEX – NOVEMBER 3, 2016

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

HealthSouth Corp

Health Care

Health Care Facilities

DELETED

Rackspace Hosting

Information Technology

Internet Software & Services

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FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee 
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

Luke Shane
Communications Manager
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com 

 

SOURCE S&P Dow Jones Indices