The Atlantic storm Hurricane Danielle, which weakened yesterday to a tropical storm before re-intensifying into a Category 1 hurricane, is not expected to threaten land in the next five days, according to catastrophe modeler Risk Management Solutions (RMS).

The National Hurricane Center (NHC) said the storm continues its west-northwest track at around 17 miles per hour, with a turn to the northwest expected in the next couple of days.

RMS said that, as of early this morning, the storm was located about 795 miles east of the Lesser Antilles. The NHC four-to-five-day extended forecast calls for Danielle to track around 250 miles east of Bermuda, RMS said.

The storm could become a Category 2 hurricane by Saturday, RMS noted.

Elsewhere in the Atlantic, a storm system that yesterday was located near the Cape Verde Islands has strengthened into "Tropical Depression Seven," and the NHC said it will likely become a tropical storm later today. The official NHC forecast is calling for the storm to become a hurricane "in three days or so."

The storm passed south of the Cape Verde Islands yesterday and is moving across the Atlantic at 15 miles per hour.