Larry Ellison Ends Plan to Sell Up to $7.5 Billion in Oracle Stock

Oracle Chairman Larry Ellison canceled his plan to sell as many as 50 million shares ($7.5B)onedayafterdisclosure.Oraclecitednoreason.SharesreversedFridaygainsafteranalystssaidcashflowrecoveryremainsdistant;restructuringcostsrising$700M.