Update: Lisa Marie Presley Welcomes Twin Girls

Second Update: Lisa Marie has named her twin girls Harper and Finley!

The 40-year-old daughter of Elvis Presley and her hubby Michael Lockwood "have named their new baby girls Harper and Finley," Lisa Marie's friend tells Star.

Update: PEOPLE confirms that Lisa Marie Presley, 40, and her husband Michael Lockwood welcomed twin fraternal girls on Tuesday, October 7th. The twins were delivered via c-section weighing 5 lbs., 15 oz. and 5 lbs., 2 oz.

"The babies and mom are happy and healthy and resting at home."

Lisa Marie has two older children from her marriage to Danny Keough -- Danielle Riley, 19, and Benjamin Storm, 16.

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According to Star Magazine, Lisa Marie Presley and husband Michael Lockwood welcomed twin girls today at the Los Robles Hospital and Medical Center in Thousand Oaks, California.

Lisa Marie’s two older children, Riley, 21, and Ben, 16, from her first marriage to Danny Keough, were also present for the twins' arrival.

“Lisa Marie is mom to four now! She’s feeling good, a little tired too,” a friend of the family tells Star. “She is so happy and Michael is ecstatic. He’s wanted to be a dad for so long. This is his dream come true.”

The birth went along without a hitch. “There was no drama. The babies are healthy and beautiful. Ben was seen pushing them down the hall in their cart and cooing to them,” the friend says.

We will keep you posted and update this post if it proves to be true.

Source: Star Magazine; Star

Photo: People