News Show SP2 is the most popular news display module for joomla. This highly customizable module can display content from Joomla, K2 and Virtuemart3. Any complex layout of can be achieve using this module. Its has slider functionality to slide or scroll news. This module also allows you to display a large number of news items and links on the joomla frontpage, but with much flexibility. In News Show SP2, you can easily set the number of columns, rows and slides to display. It also automaitcally creates thumbnails and ensures fast loading of your website.
Using multiple copies of this module (with varying settings) you can create complex news publishing/magazine site layout.