var headline_count;
 var headline_interval;
 var old_headline = 0;
 var current_headline = 0;
 
jQuery(document).ready(function(){
   headline_count = jQuery("div.headline").size();
   jQuery("div.headline:eq("+current_headline+")").css('top','5px');
 
   headline_interval = setInterval(headline_rotate,15000); //time in milliseconds
   //$('#latest_news').hover(function() {
   //  clearInterval(headline_interval);
   //}, function() {
   //  headline_interval = setInterval(headline_rotate,15000); //time in milliseconds
   //  headline_rotate();
   //});
 });
 
function headline_rotate() 
{
   current_headline = (old_headline + 1) % headline_count; 
   jQuery("div.headline:eq(" + old_headline + ")").animate({top: -375},"slow", function() {
     jQuery(this).css('top','375px');
   });
   jQuery("div.headline:eq(" + current_headline + ")").show().animate({top: 5},"slow");  
   old_headline = current_headline;
}