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Kellogg (K) Stock Falls on Revenue Miss

NEW YORK (TheStreet) -- Kellogg Co. (K - Get Report) stock is down 3.27% to $68.30 in pre-market trading on Tuesday after the company reported disappointing 2015 third quarter revenue.

The food company's adjusted revenue fell 8.8% year-over-year to $3.32 billion for the quarter ended October 3, missing estimates of $3.42 billion in revenue.

Revenue was hit by a decline in European and Latin American revenue, which fell 12.8% and 37.1%, respectively, due to unfavorable foreign exchange rates.

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