Post Title Incorrect when looping?

Hi All,
I’m using a custom template for my homepage and I am trying to just find the 10 most recent posts and display them..

I thought this would be simple.. but in the loop the_title() is displaying the page title instead of the title of the post??

function custom_content_boxes() {
if (is_page('3')) { ?>
<div class="home-news-scroller">
  <?php
 $lastposts = get_posts('numberposts=3');
 foreach($lastposts as $post) :
    setup_postdata($post);
 ?>
  <h2>
    <a href=""
      <?php the_permalink(); ?>" id="post-<?php the_ID(); ?>"><?php the_title(); ?>
    </a>
  </h2>
  <?php the_content(); ?>
  <?php endforeach; ?>
</div>
<?php } }

most wierd..

any help would be appreciated!