Qwest Communications International Inc

A federal appeals court reinstated the insider trading conviction of former Qwest Chief Executive Joe Nacchio in a split decision Wednesday and lifted the stay that had spared him from starting a six-year prison term. Nacchio's attorney strongly suggested she would appeal. "We are optimistic that the Supreme Court of the United States will review the case," Maureen Mahoney said in a written statement. She stopped short of saying an appeal would be filed and didn't immediately return calls.