HealthSouth Corp Set to Join the S&P Midcap 400

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
([phone]
[e-mail]

Luke Shane
Communications Manager
New York, USA
([phone]
[e-mail] 

 

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SOURCE S&P Dow Jones Indices

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