Penélope Cruz and Daniel Day-Lewis of Nine are featured in the seventh annual NY Times Great Performances Portfolio for 2010. The issue is a photographic celebration of the year’s best performances, and they have chosen actors who stunned and delighted us this past year. It was the February 21, 2010 issue. She was in it last year as well. Coincidentally photographed exclusively on the set of Nine.

We’re bringing you live updates of the 82nd Annual Academy Awards, news, pictures and more! Follow this post for the updates and of course our Twitter @penelopecruzorg for all the instant second breaking live updates!

Update #1) Penélope Cruz was just spotted on the red carpet wearing a red dress and an up-do! She was briefly shown on E!’s Live Coverage.

Update #2) Penélope Cruz stood next to her Supporting Actress nominees for the official red carpet on ABC before the big show, where she was gracious and even said even though she’s been there multiple times, she didn’t feel like a vet, that it felt like the first time and when she didn’t speak any English. She also said she is “so happy and proud to be in company of these amazing actresses.”

Update #3) The first (tagged) photo of Pe is available on our twitter, here!

Update #4) Cruz just presented Best Actor in a Supporting Role to Christoph Waltz for Inglourious Basterds. He opened his speech with “Penélope Cruz and an Oscar equals a Bingo.”

Update #5) Penélope is wearing a ravishing red Donna Karan couture duchess satin pleated gown, Chopard jewels and soft updo.

Update #6) The first pictures of our girl are being added to the gallery as we speak. Keep checking back for lots more coverage!

Update #7) Penélope shown in the audience.

Update #8) Not surprisingly, Mo’Nique won Best Actress in a Supporting Role. Pe was shown holding hands in the auidence with Javier Bardem.

Update #9) Penélope is carrying an Haute Couture Folies Clutch with a black strass Swarovski buckle and black stripped ostrich feather work by Roger Vivier.

Update #10) Cruz shown briefly in the audience during the Best Score dance performances.

Update #11) It’s a wrap! Pe didn’t attend any after parties.

Yesterday Pe attended the Press Conference before the Oscars and I have now added pictures. She looked more casual in a black and blue dress, but gorgeous as if we’d expect anything less.

Stay tuned for more Oscar updates. Not only is Cruz nominated but she will be presenting tonight as well.

2002 Oscar winner Halle Berry (Actress in a Leading Role, Monster’s Ball) will interview last year’s Supporting Actress winner, Penélope Cruz, (Vicky Cristina Barcelona), who this year is a Supporting Actress nominee for her role in Nine.

It’s for The Oprah Winfrey Oscar Special, which airs tonight (March 3, 2010) at 10-11PM ET on ABC.

I hope you all got a chance to see the 20/20 special, from last night, there was some adorable footage of Pe shown. I haven’t been able to find it online yet though, but fingers crossed someone will upload a video somewhere. If so, let me know!

Penélope Cruz, Daniel Day-Lewis, Marion Cotillard and Rob Marshall were in Paris, France earlier today for the premiere of their film Nine.

Penélope looks absolutely stunning in a ballet pink creation with lace overlay and jeweled shoulders. The dress was by L’Wren Scott Spring 2010 (seems to be one of her favorite designers of late) and it’s train was custom-made for Cruz. The back of the dress looks gorgeous! I especially love Pe’s straight hair and make-up here. She topped off her look with a silver clutch and heels.

The first photos have begun to arrive and I’ve started adding some to the gallery. Hopefully we’ll have more tomorrow.

“I am completely surprised and elated. Rob Marshall is not only a genius but an absolute joy to work with. I woke up every morning excited to collaborate with this amazingly talented group of actors. Filming this movie was such a special experience and to be nominated for this role makes me so happy.”

Source: Hitfix

Penélope Cruz has received her third ever nomination for an Academy Award! This year she is once again nominated for Best Performance by an Actress in a Supporting Role. This year for her work in for Nine! Last year she won in this category for Vicky Cristina Barcelona and in 2007 she was nominated for Volver in leading actress.

Penélope Cruz for Nine
Vera Farmiga for Up in the Air
Maggie Gyllenhaal for Crazy Heart
Anna Kendrick for Up in the Air
Mo’Nique for Precious: Based on the Novel Push by Sapphire

A press conference held at 5:30 AM L.A. time was announced by Academy president Tom Sherak and one of last year’s nominees Anne Hathaway.

Nine received no other nominations in the major categories but it is nominated for Best Achievement in Art Direction, Achievement in Costume Design and Achievement in Music Written for Motion Pictures and Original Song (“Take It All”).

The 82nd Academy Awards will be broadcast March 7 at 8 p.m. ET on ABC from the Kodak Theatre in Hollywood. To be hosted by Steve Martin and Alec Baldwin.

We have our first look at Miss Cruz at the 16th Annual Screen Actors Guild Awards. She looks stunning as expected, but is yet again in another black dress number by L’Wren Scott which I found a little underwhelming. Nonetheless she pulls it off marvelously!

Update 1) – Penélope Cruz was interviewed by E! on the red carpet. When asked if she does her own dishes and pumps her own gas in addition to holding her own umbrella, as she did at the Golden Globes. She replied “I’m not gonna tell you I do I do it three times a day, but I can do it!”

Update 2) Added the first photos of Cruz to the gallery.

Update 3) Penélope Cruz lost to Mo’Nique once more which isn’t really a surprise. However when the camera panned to Cruz and her Nine co-stars backstage (about to present) her friends embarrassed her by giving her “bunny ears”, it was a really adorable moment. I can’t wait to see it again!

Update 4) Penélope Cruz, Marion Cotillard, Nicole Kidman and Kate Hudson showcased a clip from Nine which is in contention for Best Ensemble Cast.

Update 5) The Actor for Best Ensemble Cast went to Inglourious Basterds

Yesterday there was a private luncheon in her honor of Penélope Cruz’s performance in Nine at L’Ermitage in Los Angeles, California. Penélope was at the lunch and dressed down but still looking beautiful in a white top and jacket and jeans. I’ve added 7 photos of her.