JACKSONVILLE, Fla. -

Tropical Storm Lorenzo maintained its strength Wednesday morning as it moved east through the Atlantic Ocean, but forecasters expect the storm to weaken over the next 24 hours.

At 5 a.m. Wednesday, the National Hurricane Center said Lorenzo had sustained winds of 50 mph as it moved east at 8 mph about 940 miles east of Bermuda.

Lorenzo could degenerate to a "remnant area" of low pressure by Thursday night, forecasters said.

No coastal watches or warnings were in effect.

Meanwhile in the Pacific, Raymond weakened from a hurricane to a tropical storm Wednesday and began moving away from Mexico's Pacific coast, granting relief to a region devastated by storms last month.
    
The U.S. National Hurricane Center said Raymond's maximum sustained winds decreased to near 65 mph with additional weakening possible over the next few days. At its peak, the storm was a Category 3 hurricane with winds of 125 mph that threatened to collide with the Mexican coast.
 
The storm was centered about 155 miles south-southwest of the beach resort of Zihuatanejo Wednesday morning and was moving west-northwest at 8 mph.
 
Officials in coastal mountain regions said they were evacuating hundreds of people from vulnerable villages on Tuesday because of fears of landslides, said Guerrero state's deputy secretary of civil protection, Constantino Gonzalez.