THOMSON REUTERS CORP. $28 - Toronto symbol TRI

THOMSON REUTERS CORP. $28 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 827.5 million; Market cap: $23.2 billion; Price-to-sales ratio: 1.7; Dividend yield: 4.5%; TSINetwork Rating: Above Average; www.thomsonreuters.com) has suspended its plan to sell its health-care business, which sells data and software that helps hospitals, clinics and medical professionals lower their costs and cut fraud. This division supplies 3% of Thomson Reuters’ total revenue.

The company put the health-care division up for sale in June 2011, but there was limited interest due to uncertainty over the global economy. Holding onto it until conditions improve makes sense.

Thomson Reuters is a buy.

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