Oracle's Larry Ellison cancels plan to sell $7.5 billion worth of company stock

Oracle Founder and Chairman Larry Ellison has cancelled his plan to sell $7.5 billion worth of company stock. The reversal came a day after Oracle disclosed a trading plan for Ellison to sell up to 50 million shares. "No Oracle stock was sold under that plan," the company said, adding that Ellison has no other plans to sell his stock.