A little more than eight years after Hershey rebuffed a takeover bid from Mondelez, Bloomberg said the Cadbury owner had made what the news outlet called a “preliminary approach” to buy Hershey.

Bob O'Brien with the Barron's Video Report notes Credit Suisse has cut its rating on Hersey to underperform, arguing that a takeover by Nestle isn't quite as compelling as some investors believe.

Hershey shares fell 2.5% in New York trading ... than competitors such as Mondelez International Inc., Mars Inc. and Nestle SA. Nestle has a wider range of products spanning from dairy to coffee ...