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The Lakeland-based grocery chain said sales for the first quarter were $13.2 billion, up from $11.7 billion a year earlier.
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Major stock indexes bounce back a day after the Dow lost 1,861 points amid spikes in new cases in states that had reopened their economies.
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As recently as 2005, according to Reuters, General Electric was the most valuable publicly traded company in the United States. It will be replaced by the parent company of Walgreens pharmacies.