Fast Money Traders Comment On Stocks Making Headlines On January 27

Pete Najarian spoke on CNBC's Fast Money Halftime Report about a sharp decline in Peabody Energy Corporation BTU. The stock closed the session on Tuesday 6.45 percent lower after missing the earnings estimates and cutting dividend. Najarian wouldn't buy the stock. Freeport-McMoRan Inc FCX also missed on earnings and it dropped 6.03 percent. Jim Lebenthal thinks that it is still too early to buy the stock. He expects that the company will have to cut the dividend. Ian Winer explained that AK Steel Holding Corporation AKS bounced 4.94 percent after posting better than expected earnings. David Kudla said that Zions Bancorporation ZION is making lower highs and lower lows. It dropped 1.63 percent on Monday and because this bank has exposure in the energy space Kudla wouldn't buy it until things in the energy space settle down.