Adding external php news feed to wordpress site

Hello,

I would like to add news feed from external page to wordpress site.
The source code is an iframe, but i would like to customize the font size, color and not have it as an iframe.
How can that be done?

the source code is:

<iframe width="468" height="60" frameBorder="0" name="FlySatNews" scrolling="no" src="http://www.flysat.com/kayanyazi.php""> </iframe>

Thank you.