Equity Movers: Applied Materials, DaimlerChrysler, EDS

Applied Materials (AMAT): The semiconductor-equipment maker said the Justice Department has launched an investigation of its technology-licensing practices. Applied Materials fell $1.25, or about 2 percent, to $52.94.

DaimlerChrysler (DCX): The world's fifth-largest carmaker said it's consolidating its e-commerce operations into a $500 million subsidiary called DCXnet. The subsidiary will cover business-to-business, business-to-consumer and business-to-employee activities, as it aims to cut the cost of making vehicles. Shares of DaimlerChrysler rose $1.31, or almost 3 percent, to $45.21.

Electronic Data Systems (EDS): The computer management and services company won a multiyear contract with the U.S. Navy valued at about $6.9 billion. Shares of EDS rose $5, or about 12 percent, to $45.63.

Electroglas (EGLS): The maker of tools for semiconductor companies said it expects to report earnings of 49 cents to 52 cents a share for the third quarter. Analysts polled by First Call/Thomson Financial predicted the company would earn 59 cents per share. Shares of Electroglas fell $2.06 percent, or almost 13 percent, to $13.94.

Emulex (EMLX): The maker of computer-networking equipment said it will split its shares 2-for-1. Shares of the company fell 13 cents to $107.88.

Interspeed (ISPD): The telecommunications equipment maker said it expects its fiscal fourth-quarter revenue to be "substantially below" analysts' published estimates. Shares of Interspeed fell $2.16, or 56 percent, to $1.69.