Agile Software

(AGIL)

was down 4.2% in preopen

Island

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trading. After the close Tuesday the company warned that it expects a fiscal fourth-quarter loss of 3 cents to 6 cents excluding charges. The Street was expecting a 2-cent profit.

Agile also said it would take a $5 million charge in the April quarter relating to the cancellation of its merger with

Ariba

(ARBA)

.