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Biovail Corp.

10:04 AM EST - Biovail Corp. : shares jumped 11 percent, after the drugmaker said it is tripling its annual dividend payout, declaring a special dividend, updating its earnings forecast and naming a new chief financial officer. The drugmaker also announced it will no longer maintain a U.S.-based sales organization. Biovail Corp. shares T.BVF are trading were up 2.35 at $23.91.