By Shadia Nasralla Profit of $1.38 billion misses analysts’ $1.53 billion Shares down 3.2% CEO signals option for further spending cuts Share buybacks at bottom of guided range Shares down 4% after results LONDON, April 29 (Reuters) – BP (BP.L) on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker … Read more