<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20110317/ap_on_bi_ge/us_earns_nike"><img src="http://d.yimg.com/a/p/ap/20110317/capt.830ff169270949bb809c0333702933f5-830ff169270949bb809c0333702933f5-0.jpg?x=116&amp;y=130&amp;q=85&amp;sig=sNTC4iTYTn1xEVnkUrh5dA--" height="130" width="116" alt="Nike 3Q net income up but misses expectations   (AP)" style="float: left; border: 0px;" />
</a>AP - Nike Inc. reported lower net income than expected for its third quarter as the athletic shoe and clothing company struggled with higher costs for materials, labor and freight.</p><br style="clear: both;" />