jQuery(document).ready(function(){

var first = 0;
var speed = 700;
var pause = 6000;

function removeFirst(){
first = jQuery('#newsticker ul li:first').html();
jQuery('#newsticker ul li:first').animate({opacity: 0}, speed).fadeOut('slow', function() {jQuery(this).remove();});

addLast(first);
}
function addLast(first){
last = '<li>'+first+'</li>';
jQuery('#newsticker ul').append(last)
jQuery('#newsticker ul li:last')
.animate({opacity: 1}, speed)
.fadeIn('slow')
}
interval = setInterval(removeFirst, pause);
 });