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Hurricane Carlos weakens slightly, but expected to regain punch off coast of Mexico

People wade in the waters of El Medano Beach before the arrival of Hurricane Blanca, in Cabo San Lucas, Mexico, Saturday, June 6, 2015. The unpredictable Blanca, which strengthened suddenly from a Category 1 to a Category 4 storm on Saturday before weakening slightly, is expected to make landfall as a tropical storm on Monday. But authorities said its outer bands could start hitting the southern Baja California Peninsula as a hurricane on Sunday. (AP Photo/Eduardo Verdugo)

People wade in the waters of El Medano Beach before the arrival of Hurricane Blanca, in Cabo San Lucas, Mexico, Saturday, June 6, 2015. The unpredictable Blanca, which strengthened suddenly from a Category 1 to a Category 4 storm on Saturday before weakening slightly, is expected to make landfall as a tropical storm on Monday. But authorities said its outer bands could start hitting the southern Baja California Peninsula as a hurricane on Sunday. (AP Photo/Eduardo Verdugo)

Hurricane Carlos has weakened slightly but is expected to regain punch, hovering stationary over the Pacific Ocean off Mexico.

The U.S. National Hurricane Center said the eye of the Category 1 hurricane was about 80 miles (130 kilometers) south-southwest of Acapulco and Carlos had top sustained winds of 74 mph (120 kph) by 8 a.m. EDT Sunday.

A hurricane warning extends from Punta San Telmo to Tecpan de Galean and a hurricane watch from west of Punta San Telmo to Manzanillo. A tropical storm warning runs east of Tecpan de Galeana to Punta Maldonado.

Carlos could eventually dump 6 to 10 inches of rain or more across four southwest Mexican states and cause life-threatening flash floods and mudslides, forecasters said.

It's the third hurricane of the 2015 eastern Pacific season.

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