From the WUWT Solar Reference page, an X 1.2 event has occurred:
From NASA Spaceweather:
Giant sunspot AR1944 erupted on Jan 7th at approximately 1832 UT, producing a powerful X1-class solar flare. First-look coronagraph images from the STEREO-Ahead spacecraft appear to show a coronal mass ejection (CME) emerging from the blast site. If so, the CME is almost certainly heading for Earth. Stay tuned for updates as more data arrive from the NASA-ESA Heliophysics Fleet.