Sector roundup: Retailers, China Internet

Sector roundup: Citi says back-to-school season will be soft; Chinese Internet companies rise

Among the sector activity stories for Monday, Aug. 6, from AP Business News:

— A Citi analyst said that she expects this back-to-school season to be the softest since 2009, citing a lack of compelling fashion trends and the potential that consumers will stick to buying just the basics amid concerns about the broader economy.

— Shares of three Chinese Internet companies got a boost after Sohu.com and its online gambling subsidiary, Changyou.com, reported stronger revenue than Wall Street expected

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