Camp26 Breaking News is just released as free extension. We've used this module in our premium medio template quickstart. You can see its action here: link

 As you See, the module shows your latest articles/news, with tooltip showing first few words of the article when you hover your mouse over the article's title. The module also shows the article published date.

 Some features of this module are:

• Allows you to set number of articles/news this module shows
• You can change the date format
• Allows you to set the category and section of articles the module shows
• others