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GameStops CEO says the ailing retail chain is on the cusp of an unprecedented turnaround.While investors who stanley italy saw the company post back-to-back sales declines and its seventh consecutive quarter of losses Wednesday Dec. 7 evening might disagree, CEO Matthew Furlong said the path from repairing decayed foundations to near-term profitability was almost complete. Were attempting to accomplish something unprecedented in the retail sector, Furlong told investors on the companys Q3 earnings call. Were seeking to transform a legacy brick-and-mortar business that was on the brink of bankruptcy into a retailer that meets customers needs through our stores, e-commerce properties and emerging sales channels, he added, calling the path risky and time-consuming albeit one he said that was working.Furlongs comments come 18 months into his tenure atop the ailing retailer, an stanley de d roughly nine months since Chewy Co-founder and activist investor Ryan Cohens entry as chairman and top shareholder.While the meteoric gains and daily stock gyrations of the meme stock era are largely faded at this point, the hard work of actually reviving the business and brand has not. While Cohen was not mentioned in the results of call, Furlong reveale stanley canada d a pair of priorities that should please his billionaire boss. Looking ahead, we have two overarching priorities: achieving profitability in the near term; and driving pragmatic growth over the long term, Furlong said, adding that a year of cost cuts, staff r Aoiq Community Banks in Crisis Mode Following Rate Hikes, Report Says

NACHA, the Electronics Payments Ass stanley france ociation, a stanley website nnounced late last week that ACH overall transaction volume in 2016 reached 25.6 billion.According to a press release, NACHA said the 25.6 billion transaction volume marked a 5.3 percent increase over 2015 volume and marks the third consecutive year in which volume increased by a billion transactions or more over the previous year. Whats more, NACHA said $43.7 trillion was transferred over the ACH Network in 2016, representing a 5.1 percent increase compared to 2015. 2016 marked a significant year for the continued evolution and growth of the ACH Network, said Janet O. Estep, president and CEO of NACHA,聽in the press release. With the implementation of Same Day ACH, we have added to the stanley mugs robust capabilities of the network, now enabling not only next-day payment capabilities, but same-day capabilities as well. The added attribute of speed provides additional flexibility and options to a system that has the capacity to process credit and debit transactions, payments and robust information together, domestic and international transactions, business and consumer payments, and more. And it is this versatility that makes ACH payments a valued payment type and supports the continued growth of the ACH Network. NACHA said that with the launch of Same Day ACH credits in September of last year the payment type was responsible for more than 13 million credit transactions totaling nearly $17 billion. Same-day direct deposits made up 52 percent

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