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CF Industries (CF) Stock Tumbles on Q3 Revenue Miss

NEW YORK (TheStreet) -- Shares of CF Industries (CF) were falling 7.09% to $22.95 on heavy trading volume late Thursday morning after the company reported weaker-than-expected revenue for the 2016 third quarter.

After yesterday's closing bell, the Deerfield, IL-based nitrogen fertilizer manufacturer reported revenue of $680 million, below analysts' estimates of $788 million. Last year, the company generated revenue of $928 million.

Adjusted earnings of 13 cents per diluted share beat analysts' projections for a loss of 3 cents per share...