ROUGH CUT (NO REPORTER NARRATION)<br/> <br />STORY: The Academy of Motion Picture Arts and Sciences announced nominations on Thursday for the 86th Academy Awards.<br/> <br />Meryl Streep earned her 18th Oscar nomination for her performance in "August: Osage County." Streep will compete against Amy Adams in "American Hustle," Cate Blanchett in "Blue Jasmine," Sandra Bullock in "Gravity," and Judi Dench in "Philomena."<br/> <br />The awards will be handed out on March 2 in Los Angeles, California.