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New home sales likely rose in March

The Commerce Department's report on new home sales Friday is forecast to show a 7.1 percent increase to a seasonally adjusted
annual rate of 330,000, according to economists polled by Thomson Reuters. That's up from an all-time low of 308,000 in
February.

Politically connected broker’s deals raise conflict questions

John Bales' firm earned $2.9M in commissions on leases for state agencies and $270,000 in commissions
on the sale of surplus state properties. He also acted as a developer for public-sector
tenants—putting them into buildings owned by him or his associates.

Brightpoint, Comcast employees ramp up volunteer efforts

Brightpoint employees fanned out across Marion and Hendricks counties the week of April 17, donating more than 400 hours to
seven organizations. Comcast was expecting 1,000 volunteers to help organizations across the state on April 24.

Medical device startup FlowCo enlists Guidant alums

The upstart developer of a device to help doctors choose the right-sized stent to prop open clog-prone arteries has brought
aboard former Guidant Corp. executives, including Bill McConnell. Their regulatory and marketing expertise could help FlowCo Inc. bring its artery-measurement
product to market as soon as 2011.

Records

Public records listing from the April 26, 2010, edition of IBJ.

To grow economy, support small biz

Indianapolis, home to a higher convergence of chain restaurants per capita than most any U.S. city (44-percent higher than
the national average), retained its crown last week.

Citizens’ takeover of water will be a relief

Tom Henderson gets it wrong in his [April 12] view that “Part of the overall utility problem is that lack of government
oversight and public policy vision has made Indianapolis one of the highest-polluting and just plain ugliest cities in the
Midwest.”

Let Citizens take over sports venues

There may be a solution to the Capital Improvement Board’s financial problems, described in [the April 19] IBJ,
that are further complicated by the Pacers wanting to renegotiate their Conseco agreement.

With five new acquisitions, Skillman builds car-lot dynasty

Ray Skillman bought five car lots in the last 12 months from other dealers who have struggled during the recession. Skillman now ranks among the five largest dealers in the area, and his chain is poised
for even more growth.