.tickercontainer { /* the outer div with the black border */
border-top: 2px solid #fff;
border-bottom: 2px solid #fff;
background: #bad1e9; 
width: 730px; 
height: 22px; 
margin: 0; 
padding: 0
overflow: hidden; 
}
.tickercontainer .mask { /* that serves as a mask. so you get a sort of padding both left and right */
position: relative;
left: 10px;
top: 5px;
width: 710px;
overflow: hidden;
}
ul.newsticker { /* that's your list */
position: relative;
left: 750px;
font: normal 10px Arial;
list-style-type: none;
margin: 0;
padding: 0;

}
ul.newsticker li {
float: left; /* important: display inline gives incorrect results when you check for elem's width */
margin: 0;
padding: 0;
background: #bad1e9;
}
ul.newsticker a {
white-space: nowrap;
padding: 0;
color: #666;
margin: 0 50px 0 0;
text-decoration:none;
} 
ul.newsticker span {
margin: 0 10px 0 0;
font-weight:bold;
}