Kellogg posts narrower loss

Kellogg Co reported a narrower quarterly loss on Tuesday, helped by improvements in Latin America.

The world's largest cereal company posted a net loss of $32 million, or 9 cents per share, compared with a loss of $195 million, or 54 cents per share, a year earlier.

Excluding a mark-to-market accounting change, earnings were 65 cents per share.

Net sales rose to $3.56 billion from $3.02 billion a year earlier.

(Reporting by Martinne Geller in New York; Editing by Jeffrey Benkoe)