Business Briefs

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Cable network CNBC reported shortly before the closing that a plan to help shore up the finances of troubled Ambac could be revealed Monday or Tuesday. The market turnaround came after nearly two days of selling. By the close the Dow Jones industrial average showed a point reversal from its session lows. The Dow rose . or . percent to . . The S P gained . or . percent to . . The Nasdaq composite index rose . or . percent to . . Armored vehicle maker gets overseas contracts Force Protection Inc. said Friday it has received orders for mine resistant vehicles from two overseas buyers. The U.K. Ministry of Defence ordered Cougar Mastiffs in a deal valued at million the Ladson based company said. The vehicles are to be completed by December. Also Italy s Ministry of Defense is paying million for six Cougar transport trucks and four Buffalo veh! icles with completion set for July. The contracts also call for the company to provide parts and field support to the buyers through mid . All vehicles will be manufactured at Force Protection s plant off U.S. Highway . Continental Tire to move U.S. headquarters to S.C. BERLIN Continental AG will shift the U.S. headquarters of its Continental Tire North America Inc. farther south to Lancaster County from Charlotte next year. The new corporate office will employ more than workers. Continental Tire North America s production and warehouse facility will remain in Charlotte. It employs people. Hollings Cancer Center expands its trial network The Medical University of South Carolina s Hollings Cancer Center said Friday it has formed an affiliation with Hilton Head Regional Healthcare. The alliance extends the center s cancer research and clinical trials network to Hilton Head Regional patients. As a member of that network the Hilton Head hospital will take part in trials developed at Hollings and in clinical trials sponsored by the National Cancer ! Institute and pharmaceutical companies. 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